Berenberg is increasing its bet on a research-heavy investment banking model, after a dizzying rise in Europe’s equity markets and despite the threat posed by the new Markets in Financial Instruments Directive (Mifid II).
Liable partner Hendrik Riehmer tells Euromoney the German firm will sustain the recent rapid growth of its analyst and sales teams – particularly in the US – and will double its global stocks under coverage in the next five years.
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Hendrik Riehmer, |
“We want to be one of the top 10 investment banks in Europe, and eventually globally, in equities,” Riehmer tells Euromoney.
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