The US operations of the London-based broker are being axed by the German bank

Deutsche Bank

German global banking and financial services company

Euro News

May 28, 2024, 12:00 AM

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Deutsche Bank shuts down Numis US operations post takeover

Deutsche Bank has cut Numis' valuation by about €233 million following the takeover in April 2023, which is believed to be one of the biggest reasons for Numis' US branch shutdown.

The Telegraph

May 27, 2024, 3:00 PM

Source

Deutsche Bank to axe London stockbroker’s US operations

German lender will close Numis’s US office a year after acquiring the company

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