Numis to take on Davy and Goodbody in bid for corporate clients in Ireland

Firm was bought last month by Deutsche Bank which is merging its UK and Irish corporate finance business

Stock analysts criticised Deutsche Bank’s bid for Numis, calling it a poor use of capital. Photo: Krisztian Bocsi/Bloomberg

Jon Ihle

Investment bank Numis is preparing to take on stockbrokers Davy and Goodbody in a fight for Irish corporate clients, the Irish Independent understands.