Deutsche Bank Beats UBS in Sign of Investment Bank Recovery

Deutsche Bank AG outperformed UBS AG and Barclays Plc in securities sales in the third quarter as it sought to shrug off Europe’s debt crisis and remain one of the top three global investment banks.

Europe’s biggest bank was hired for 5.8 percent of the $1 trillion of stock and corporate bond offerings in the three months through September compared with 4.3 percent a year earlier, data compiled by Bloomberg Industries show. That may help the Frankfurt-based lender boost its share of investment banking revenue among the world’s largest banks for the first time in a year when it reports earnings tomorrow.