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UK deals boom bolsters investment bank revenue at City broker Numis

Investment banking revenue has surged by 47% in 2021

Turnover and profits both spike as M&A in the City heats up
Turnover and profits both spike as M&A in the City heats up Photo: Getty Images/Jason Alden

A boom in UK deals is set to bolster investment banking revenues at Numis by 47% this year, as the firm pushes to expand beyond its City broker roots.

Numis is set to post £150m in investment banking revenues for the full year ending 30 September, it said in a trading update, with M&A and private markets transactions bolstering earnings alongside its traditional capital markets activities.

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