Deutsche Bank has been named top underwriter for European debt and equity capital markets for the first nine months of the year, as it grew business at a faster pace than its closest competitors.

The bank leapt five places to top data provider Thomson Financial's equity capital markets league table for Europe, the Middle East and Africa in the first nine months of the year compared to the same period a year earlier, leading on 65 deals worth $25bn. That beat JP Morgan, which was unchanged in second-place compared to 12 months ago, with 62 deals at $19bn.