The rise and rise of Berenberg Bank

Berenberg Bank turned heads in February this year when it appeared as a joint bookrunner on the first big European IPO to be launched in 2012, the listing of Swiss outsourcer DKSH. But that was nothing compared to the stir created by its promotion to a joint global co-ordinator role for German insurer Talanx in September. While the bulge bracket flail in cash equities, how has an upstart firm made a success of the business and parlayed that strength into equity capital markets? In the second of our series spotlighting three firms that are marked out for their off-beat approach, EuroWeek puts the question to the bank’s head of capital markets.