Berenberg

London’s battered brokers face bruising year

A dearth of IPOs in London has added to the woes of City brokers, who are facing a period of rapid consolidation. Senior leaders remain pessimistic that anything will change any time soon

7 min read

Berenberg’s managing partner: UK investment banking sector faces ‘structural’ challenges

David Mortlock says that the broker-only model in the UK remains challenged and more change is likely as its investment revenue rises

3 min read

Berenberg shakes up sales and research teams after rules overhaul

UK regulators rolled back rules around research bundling earlier this year

2 min read

Berenberg’s managing partner David Mortlock said the bank sees ‘significant opportunity in UK investment banking’

Berenberg poaches four Peel Hunt corporate brokers in UK push

The German bank is eyeing a fresh push in the UK as brokers struggle

2 min read

Berenberg is looking at fresh UK growth after keeping profit in line with 2022

Berenberg targets UK expansion after broking rivals scale back

Consolidation in the broking sector is seen as an opportunity for Berenberg

2 min read

Berenberg stripped out 55 roles in its City operation in December, having earlier cut 35 positions

Berenberg hires Liberum dealmaker Bush as fresh expansion continues

The German bank is eyeing fresh hires after rolling out job cuts last year

2 min read

Berenberg retains one of the largest stables of research analysts in the City, with a team of around 75 people

Berenberg hires M&A head from Peel Hunt in fresh push for new business

The German bank has hired five from broking rivals after reshaping its business last year

2 min read

Berenberg cut 55 employees within its European investment bank in December, its second round of cuts last year after stripping out 35 roles in August

Berenberg ramps up dealmaking ambitions as Laura Janssens leads European investment bank

Tom Jones will take over as sole head of European research as part of the changes, supported by Gerhard Orgonas and Rob Chantry

2 min read

David Mortlock

Berenberg’s top banker David Mortlock: 2023 will remain challenging after 38% revenue slide

'We are not convinced the broader industry has properly addressed costs and resource levels'

Headquarters of Berenberg Bank, in Hamburg, Germany

Berenberg scraps mandatory CFA study for junior staff

The financial sector's toughest test is under increased scrutiny

Berenberg is coming off a record year for its investment bank, where dealmaking fees and equity trading revenue hit €471.6m, which was an increase of 35%

Berenberg cuts 50 jobs in New York amid weaker markets

Berenberg is cutting its coverage of US stocks to five sectors — economics, real-estate investment trusts, healthcare, industrials and technology — down from seven previously

Briton David Mortlock became Berenberg's first ever non-German managing partner in September 2020

Berenberg pays top UK banker €20m as profit hits record

The 432-year-old German bank has had a bumper year

Laura Janssens says targets are not the only answer to diversity in banking

Berenberg’s Janssens on women in banking: ‘Judge an organisation on how it treats its mothers’ 

“I’ve worked with some amazing women at big banks and, without exception, they’re no longer in the industry,” says Berenberg exec Laura Janssens

6 min read

David Mortlock

The new British boss of this 400-year-old German bank looks to the US for growth

The first Englishman to become a managing partner at Germany’s oldest bank is not a typical investment banker

5 min read

M&A bankers tire of remote work long haul: ‘I’m a veteran of 15 Zoom pitches’

Bankers are now coming to terms with the possibility that they’re going to be working from home for the long haul

6 min read

Berenberg shakes up senior ranks of investment bank

Bank names new leaders of core divisions, while continuing to recruit through the pandemic

2 min read