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Press release from Business Wire

Deutsche Bank Significantly Strengthens Equities in North America

Monday, May 14, 2012

Deutsche Bank Significantly Strengthens Equities in North America08:33 EDT Monday, May 14, 2012 NEW YORK (Business Wire) -- Deutsche Bank today announced five senior additions to its Equities business in North America. Joseph Spinelli will join the Bank in August as a Managing Director and Head of North America Cash Equity Trading. He will be based in New York and report to Thomas Patrick, Head of Equities for North America. Spinelli joins from Goldman Sachs & Co, where he was a managing director and financial services sector head for equity trading. Prior to Goldman, he was the head equity trader at Ziff Brother Investments. Brad Kurtzman will join the Bank in July as a Managing Director and Head of Quantitative Trading. He will be based in New York and report to Patrick. Brad brings more than 12 years of trading experience, most recently as head of US equity derivatives trading at Citibank. Jeff Christian will join the Bank in July as a Managing Director in Equity Derivatives Sales, based in San Francisco. He will oversee West Coast coverage and report to Greg Kuppenheimer, Head of US Equity Derivatives Sales. Christian will join the Bank from Credit Suisse, where he spent four years managing West Coast equity derivative sales. Prior to Credit Suisse, he was an executive director at Morgan Stanley, covering hedge funds and asset managers. Jonathan Simon will join in July as a Managing Director in Equity Derivatives Sales. In this New York-based role, he will manage relationships with hedge funds and asset managers, and report to Kuppenheimer. Simon has more than 20 years of experience and spent the last eight years as a managing director in equity derivative sales at Citigroup. Zahid Biviji started in April as a Managing Director in Index Flow Trading. He is based in New York and reports to Tom Jarck, Head of US Index Flow Trading. Biviji joined from Bank of America Merrill Lynch where he spent more than 10 years, most recently as head of US single stock options trading. “We are very pleased to welcome Joe, Brad, Jeff, Jon, and Zahid to our team,” said Patrick. “Each individual brings significant expertise to the platform, and we are confident these additions will further strengthen our franchise as we continue to expand the Equities business in North America.” “Deutsche Bank's equities business has made significant strides in recent years and has increased market share for four consecutive quarters,” said Andre Crawford-Brunt, Global Head of Equity Trading. “These hires reflect our commitment to further enhancing the Americas Equities platform.” About Deutsche Bank Deutsche Bank is a leading global investment bank with a substantial private clients franchise. Its businesses are mutually reinforcing. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 72 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates. www.db.com Deutsche Bank AGRenee Calabro+1 212-250-5525renee.calabro@db.com