Numis has looked to shift its business away from a reliance on UK listings
Numis is trying to buck the market trend by hiring despite a tough economic environment
Numis executives said the bank will keep hiring despite a difficult outlook
'We won't be afraid of taking advantage of those opportunities,' Alex Ham tells Financial News
Numis has also promoted Stephanie Johnston to general counsel
Fees from IPOs have tumbled by 81%, Numis has cut staff costs by 35%
Numis analysts have questioned whether the £1.5bn being used to buy Interactive Investors should be returned to shareholders
Numis replaces general counsel as Michael Lee heads to Peel Hunt
The City broker is set to launch its post-Brexit Dublin office in 2022 as it also eyes more US deals
Numis said its performance was helped by a strong IPO market
Some smaller brokerages have been left in limbo by the Brexit deal
The move highlights how hard Brexit is hitting smaller City firms that lack big European operations
Banks including Evercore, Jefferies and Numis have told London staff in recent days not to come into the office
Numis posted a 37% increase in investment banking revenues to £102m
Bankers are now coming to terms with the possibility that they’re going to be working from home for the long haul
Numis bosses sent a note to employees saying the bank had "proven we can work from home"
