Lorna Tilbian: Farewell, Numis

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Friday, 13 October 2023. An email pops into my inbox from Deutsche Numis announcing Deutsche Bank’s acquisition of Numis, the investment bank I co-founded. It is a bittersweet moment. Sweet for the pride I feel that we created, organically, a business that was acquired by one of Europe’s largest banks for $511m (£410m), and sad that Numis has lost its independence. It took me back to our very first day, Monday, 4 September 2001, when I walked into our newly rented offices and we set about building a new bank and brokerage – a tall order, as City peers never failed to point out.

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