The craze for blank-check listings is helping Deutsche Bank AG make a comeback in the IPO world, Bloomberg reports.
Deutsche Bank, which cut back its equities team in 2019, has risen in the league tables over the past few quarters and now ranks 10th globally among advisers on initial public offerings. Special purpose acquisition companies are a big part of that success: it’s grabbing more deals than Wall Street stalwarts like Bank of America Corp. and JPMorgan Chase & Co. Read more.
