Houlihan Lokey Howard & Zukin, the US investment bank, has hired former Deutsche Bank and Merrill Lynch bankers to its growing European business.

François Faure, former head of French M&A at Deutsche Bank, has become a managing director at Houlihan Lokey, responsible for France, Belgium and Luxembourg. He has also worked at Lehman Brothers and Wasserstein Perella, now part of Dresdner Kleinwort Wasserstein.