Deutsche Bank Tweets on IPOs as Street Warms to Social Media

Ted Tobiason, Deutsche Bank AG’s head of equity capital markets for the technology industry, is doing something that would get most investment bankers fired: tweeting about work.

Tobiason is the only investment banker authorized by the German firm to have a business-related account on Twitter Inc.’s website, Bloomberg Businessweek reports in its March 5 issue. While he’s no Ashton Kutcher, who has 9.6 million followers, Tobiason has attracted more than 100, including executives at Silicon Valley startups. His first tweet, in January, predicted that there would be more than 40 initial public offerings by technology companies this year.