Deutsche Bank has said it will launch an online service for customers to subscribe to public share offerings on the Internet in March, making it Europe's first major issuing house to do so.

Deutsche Bank said it would provide its 400,000 online customers in Germany and Switzerland with an IPO subscription rights service, which included information to help them with investment decisions.

Deutsche said it was extending the Internet service in Germany and Switzerland after introducing it to 175,000 customers at its direct banking unit Bank 24 last month.