Deutsche Bank initiates coverage of Home Building Society Limited
Deutsche Bank has initiated coverage of West Australian (WA) financial services provider Home Building Society Ltd (ASX: HME), with a Buy recommendation. Research analyst, Douglas Farrell initiated coverage with an A$16.50 twelve month price target. ... [more]

Deutsche Asset Management finalizes market timing settlement with Securities and Exchange Commission and New York Attorney General
Deutsche Asset Management (DeAM), a unit of Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB), today confirmed it has settled proceedings with the Securities and Exchange Commission (SEC) and the New York Attorney General (NYAG) on behalf of Deutsche Asset Management Inc.... [more]

DWS Investments to sell its local mutual fund business in Italy to Anima, re-shaping its business set-up in Italy
Deutsche Bank today announced that DWS Investments Italy S.G.R.p.A., the retail asset management arm of Deutsche Bank Group in Italy, will sell its local mutual fund range to Anima S.G.R.p.A., an Italian asset manager. DWS' local fund range, which has assets under management in excess of EUR 7.0 bn, will be merged into Anima's existing fund range.... [more]

Deutsche Bank appoints David Nicholls as European Head of Global Finance
Deutsche Bank has appointed David Nicholls as Head of Global Finance Europe, within the Global Markets division, effective immediately. Nicholls will be based in London and will report to Alan Cloete, Head of Global Finance and Foreign Exchange.... [more]

Deutsche Bank completes acquisition of Tilney Group
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announced that it has completed its acquisition of 100% of Tilney Group Limited ("Tilney"). Closing of the sale was subject to various regulatory approvals and competition clearances which have now been received.... [more]

Deutsche Bank to recognise Corporate Tax Credits of approx. EUR 350 million in 4Q2006
As a result of the amendment to Section 37 of the German Corporate Income Tax Law, Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) will accelerate recognition of Corporate Tax Credits, or Koerperschaftsteuerguthaben, existing from prior years. ... [more]

Successful completion of equiNotes II: mezzanine programme for small and medium-sized enterprises from IKB and Deutsche Bank enters third round
During 2006, Deutsche Bank and IKB Deutsche Industriebank have provided a total of 49 small and medium-sized enterprises with approximately € 220 million under their second equiNotes programme. This continued the success of the first transaction in 2005. ... [more]

Hilton Hotels Corporation, RREEF and H&Q Asia Pacific sign intention to introduce focused service hotels to China
Hilton Hotels Corporation (NYSE:HLT), RREEF (the real estate and infrastructure investment management arm of Deutsche Bank) and private equity firm H&Q Asia Pacific (H&QAP) today announced their intention to form an alliance to initially introduce more than 20 focused service hotels across China. ... [more]

Deutsche Bank launches Shari`a mutual fund capability
Deutsche Bank, through its global mutual fund arm DWS Investments, today announced details of its first Shari`a compliant mutual fund capability. A specialist fund range, to be marketed as DWS Noor Islamic Funds, has been developed to meet the specific needs of Islamic investors.... [more]

Deutsche Bank and AXA Investment Managers agree to partner up on NewLands Financial, a Credit Derivatives Product Company
Deutsche Bank and AXA Investment Managers (AXA IM) have signed an Agreement to establish a working relationship to provide financial services to a Deutsche Bank sponsored, credit derivative product company (CDPC) which will be called NewLands Financial CDPC.... [more]

Deutsche Bank launches Event Loss Swaps to help clients hedge against disasters
Deutsche Bank AG today announced the launch of Event Loss Swaps (ELS), a new derivative contract that will enable clients to buy or sell protection against the economic impact of U.S. wind or earthquake disasters.... [more]

Deutsche Bank's Supervisory Board welcomes termination of Mannesmann trial
The Supervisory Board welcomes the termination, announced today, of the Mannesmann trial.
As the State Prosecution also explicitly emphasized, no findings of guilt of any kind are linked with the termination. ... [more]

Deutsche Bank unveils first research on Saudi Arabia and launches research team in MENA region
Deutsche Bank today announced it has created a research team focusing on the MENA (Middle East and North Africa) region with a team of analysts led by Zahed Chowdhury, Head of Middle East Company Research. The team, which will publish research on companies and countries throughout the region... [more]

Deutsche Bank appoints Head of European High Yield Research
Deutsche Bank today announced the appointment of Richard Phelan as Head of European High Yield Research. Phelan will report to Richard Smith, Head of European Company Research and will be based in London, with immediate effect. In his new role Phelan will be responsible for building Deutsche's leveraged finance research franchise.... [more]

Deutsche Asset Management´s Quantitative Strategies Group launches two long/short strategies for institutional investors
Deutsche Asset Management (DeAM) continues to expand its quantitative investment offerings with the launch of a long/short market neutral US equity strategy and a 120/20 long/short US Large-Cap strategy. Both are available to institutional investors on a global basis.... [more]

Deutsche Bank launches Private Wealth Management division in Shanghai
Deutsche Bank today announced that it is launching its Private Wealth Management (PWM) business in Mainland China, commencing in Shanghai. Pierre de Weck, Global Head of Private Wealth Management, said, "China's growth is generating significant affluence ...... [more]

Stuart Lewis appointed Chief Credit Officer, Sean Kavanagh to Head Loan Exposure Management Group
Stuart Lewis, currently the Global Head of the Loan Exposure Management Group (LEMG), will transfer to join Risk & Capital Management as Chief Credit Officer and Deputy Chief Risk Officer, with effect from 1 December 2006.... [more]

RREEF enters China Real Estate Market
RREEF, the real estate and infrastructure investment management arm of Deutsche Bank, today announced its entry to China's burgeoning real estate industry through an investment in a mid-market, mass residential project in Zhuhai, China.... [more]

Christopher B. Burnham joins Deutsche Bank as Managing Director and Vice Chairman of Deutsche Asset Management
Deutsche Bank today announced that Christopher B. Burnham will join the bank as a Vice Chairman and Managing Director of Deutsche Asset Management (DeAM), effective November 15, 2006. He will report to Kevin Parker, Global Head of Deutsche Asset Management and will be based in New York.... [more]

Deutsche Bank appoints Stephane Farouze as Global Head of Fund Derivatives Structuring and Origination
Deutsche Bank today announced the appointment of Stephane Farouze as Global Head of Fund Derivatives Structuring and Origination, reporting to Richard Carson, Managing Director, Head of Complex Equity & Co-Head of Synthetic Equity and Wayne Felson Managing Director, Head of Complex Risk, Global Rates.... [more]

Deutsche Bank closes its acquisition of norisbank branches
Deutsche Bank (XETRA: DBKGn.DE/ NYSE: DB) today announced that it concluded its partial acquisition of norisbank. As a result, 98 branches of the Nuremberg-based norisbank AG along with the associated client portfolio and "norisbank" brand name have been legally transferred to Deutsche Bank.... [more]

Deutsche Bank again securitizes risks from mid-cap corporate loans
Deutsche Bank successfully completed the securitization of risks from loans to mid-cap companies within the framework of its GATE 2006-1 transaction. Using credit-linked notes with a 10-year maturity, € 185 million was placed with European and Asian institutional investors.... [more]

Deutsche Bank reports third quarter 2006 net income up 25% to EUR 1.2 billion, a record for a third quarter
Deutsche Bank (XETRA: DBKGn.DE/ NYSE: DB) reported income before income taxes of EUR 1.8 billion, and net income of EUR 1.2 billion, for the third quarter 2006. Reported pre-tax return on average active equity was 27%.... [more]

Deutsche Bank offers an Alternative for Corporate Borrowing within the GCC
Deutsche Bank, at its second annual Global Transaction Banking (GTB) conference held in Bahrain, has told delegates that the increasing demand for corporate borrowing is no longer being met purely by traditional methods of finance and that alternative methods are becoming more commonplace. ... [more]

Deutsche Bank launches innovative fund linked notes
Deutsche Bank today announced it has sold more than $700 million worth of Protected Investment Alpha Notes (PIANO). These notes are backed by a portfolio of fixed income securities and derivatives managed by PIMCO.... [more]

Deutsche Bank Private Wealth Management announces senior appointments in Atlanta, Boston, Greenwich, New York, Palm Beach and San Francisco
Deutsche Bank Alex. Brown, the US Private Client Services (PCS) division of Deutsche Bank Securities Inc. and Deutsche Bank Private Wealth Management, today announced that Gary Domoracki has joined the firm as a Managing Director and Regional Executive for PCS in Boston... [more]

DWS to expand in Latin America
Deutsche Asset Management today announced it is expanding its DWS business in Latin America to give investors throughout the region the opportunity to invest in DWS funds. DWS established a presence in Chile in July 2005, where it has since sold more than EUR 500 million in equity funds. In line with its continued global expansion, DWS will build on this success to enter other Latin American markets.... [more]

Deutsche Securities Inc. announces appointments to its Board of Directors
Deutsche Securities Inc. (DSI) today announced that an extraordinary shareholders meeting on 25 October appointed Mr. Henry Ritchotte and Mr. Kohei Yuki to the company's Board of Directors, effective 25 October 2006.... [more]

Deutsche Bank initiates coverage of PowerTel Limited
Deutsche Bank has initiated coverage of telecommunications stock PowerTel Limited (ASX: PWT), with a Buy recommendation. Research analyst, Douglas Farrell initiated coverage with an A$1.60 price target.... [more]

Deutsche Bank strengthens Equity Syndicate teams globally
Deutsche Bank is facing one of the busiest deal pipelines it has ever seen, and has moved to strengthen its Equity Syndicate teams with several important new additions.... [more]

Deutsche Bank appoints David Silbert as Global Head of Commodities
Deutsche Bank today announced the appointment of David Silbert as Global Head of Commodities, reporting to Rajeev Misra, Head of Global Credit Trading, effective early in 2007. ... [more]

Stephan Kunze appointed Head of DWS Europe
Deutsche Asset Management today announced the appointment of Stephan Kunze as Head of DWS Europe, effective December 1. Kunze was previously Head of Distribution for DWS Europe. The DWS retail business will be managed on a global basis by a newly created management committee... [more]

Deutsche Bank appoints Global Heads of Emerging Market Structuring
Deutsche Bank today announced the appointment of Daniel Morley and Niall Smith as Global Heads of Emerging Market Debt and Emerging Market Equity Structuring respectively, effective immediately. Morley, previously Head of CEMA Structuring, will report to Kay Haigh, Head of Emerging Market Debt Trading.... [more]

Deutsche Bank to acquire Tilney Group
Bank announced today the signing of a definitive agreement to acquire Tilney Group Limited ("Tilney"), a leading UK wealth manager, from Bridgepoint and Tilney management, as part of a strategic move to strengthen its presence in the UK private wealth management market.... [more]

Most emerging market economies will be able to withstand substantially lower commodity prices, according to Deutsche Bank Research
Deutsche Bank has released new research titled "The True Impact of Commodity Prices on Emerging Markets", which suggests that while a sustained fall in commodity prices would be negative for many emerging market (EM) economies, most would be able to withstand a possible commodity shock  ... [more]

Herman Bosman joins Deutsche Bank as Chief Country Officer and Head of Global Banking in South Africa
Deutsche Bank today announced the appointment of Herman Bosman as Chief Country Officer and Head of Global Banking, South Africa. He will be joining the Bank in November and will report to Jürgen Fitschen, Global Head of Regional Management and to Philip Southwell, ... [more]

Kaldemorgen named as speaker of DWS Group
Deutsche Bank today announced that Klaus Kaldemorgen will assume Axel Benkner's position as Speaker of the Board of DWS Investments GmbH, effective 1 December, serving as leader of the Frankfurt staff. Kaldemorgen will continue in his other important role as Global Head of Equities... [more]

Deutsche Bank reorganises Global Research
Deutsche Bank today announced it has restructured its Global Research platform into three globally integrated groups: Global Company Research; Global Equity Strategies & Quantitative Methods; Global Fixed Income Strategies & Economics.... [more]

Deutsche Bank launches its first Asian-listed retail bond on Taiwan's inaugural International Board
Deutsche Bank today announced the launch of its first Asian-listed retail bond issue - 'Deutsche Bank Bond 2006-1' ("The Bond") in Taiwan. The 3-year USD note which carries a coupon of 4.85% payable annually, is issued by Deutsche Bank AG Frankfurt ... [more]

Laura Trop to join Deutsche Bank Private Wealth Management`s Structured Lending Business
Deutsche Bank today announced that Laura Trop will join the firm's US Private Wealth Management (PWM) business. Trop will join PWM as a Managing Director and Head, Commercial Real Estate Lending.... [more]

Deutsche Bank appoints Sajid Javid Head of Global Credit Trading, Asia
Deutsche Bank today announced the appointment of Sajid Javid as Head of Global Credit Trading (GCT), Asia (ex-Japan), with immediate effect. Javid will relocate to Singapore from London and will be regionally responsible for all cash and derivative Credit Trading, CDOs, Securitisation, Structured Finance, Convertibles and for the Commodities business. ... [more]

Axel Benkner to retire as CEO of DWS Group
Deutsche Bank today announced that Axel Benkner has decided to step down as Global Head of Retail Asset Management and CEO of DWS Group, effective at the end of November, in order to devote more time to his personal interests.  Benkner will remain a board member and senior advisor to DWS Group after November.... [more]

Rudy Suter joins Deutsche Bank Private Wealth Management International as Head of Financial Intermediaries
Deutsche Bank Private Wealth Management today announced the appointment of Rudy Suter as Managing Director and Head of Financial Intermediaries with effect from 1 October. ... [more]

Deutsche Bank announces Phase 3 of its management agenda
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announces the launch of 'Phase 3' of its management agenda. Dr. Josef Ackermann, Chairman of the Management Board, presents this new phase at an Investor Conference in London.... [more]

Deutsche Bank appoints Michael A. Burke Head of US Private Client Services
Deutsche Bank announced today the appointment of Michael Burke as Managing Director and Head of US Private Client Services (PCS), reporting to Thomas Bowers, Head of the US Private Wealth Management Division. Burke will be based in New York and Baltimore...... [more]

Deutsche Bank adds Kevin McQuilkin to its Mergers & Acquisitions group
Deutsche Bank Securities Inc. today announced that Kevin McQuilkin has joined the firm's Global Banking division as a Managing Director within the Mergers & Acquisitions group, specializing in the metals, mining, chemicals and industrials sectors. He is based in New York and reports to James Stynes, Head of M&A in the Americas.... [more]

Deutsche Bank announces appointment of David Brock to Head Construction & Building Materials team
Deutsche Bank today announced the appointment of David Brock as a Director and Head of Construction and Building Materials, Europe, within its Global Banking division. Brock will be based in London and report to Ben Story, Managing Director and Head of Industrials, Europe. He will join Deutsche Bank in December. ... [more]

Deutsche Bank closes EUR 2 Billion Investment Vehicle focused on European Infrastructure Assets
Deutsche Bank today announced the establishment of an investment vehicle involving major international institutions to invest up to EUR 2 billion in European infrastructure assets.  The vehicle was set up by Deutsche Bank's Structured Capital Markets Group (SCM), part of the bank's Global Markets division.... [more]

Deutsche Bank to launch Investment Fund supporting Eye Care Hospitals in Developing Countries
Deutsche Bank announced it will create an innovative $20 million investment fund to finance the expansion of eye care hospitals in developing countries. The Eye Fund I will provide loans and guarantees to support the development of affordable, sustainable and accessible eye care for the world's poor...... [more]

Ross Brown appointed as Head of Equity Research Australia & New Zealand
Deutsche Bank today announced the appointment of Ross Brown as Head of Equity Research for Australia & New Zealand, replacing Tim King who has decided to leave the role and take a one year sabbatical to travel overseas with his family.
... [more]

Deutsche Bank initiates coverage of AED Oil Ltd
Deutsche Bank has initiated coverage of small cap stock AED Oil Ltd (ASX: AED), with a Buy recommendation. Research analyst, John Hirjee initiated coverage with an A$5.00 price target. Mr Hirjee said "In our view, AED is one of the more promising junior explorers, which could make the transition to producer. ... [more]

Deutsche Asset Management Names Susan Small Global of Consultant Relations
Deutsche Asset Management (DeAM) today announced that Susan Small will join the firm as Global Head of Consultant Relations. Small will report to Roelfien Kuijpers, Global Head of DeAM's Institutional Business and will be based in Chicago.... [more]

Deutsche Bank appoints Paul Roffey and Mark Wiggin to the Trust & Securities Services Team in Asia
Deutsche Bank today announced the appointment of Paul Roffey and Mark Wiggin as Directors in its Trust & Securities Services (TSS) business, part of the Global Transaction Banking division, in Asia. These are newly created roles to support the Bank's expansion of this service offering in the region. ... [more]

DBV - Powershares DB G10 Currency Harvest Fund set to launch
Deutsche Bank (DB) and PowerShares today announced the upcoming launch of the PowerShares DB G10 Currency Harvest Fund (DBV), which will list on the American Stock Exchange Monday, September 18, 2006 (AMEX: DBV).
... [more]

Deutsche Bank initiates coverage of ERA
Deutsche Bank has initiated coverage of uranium miner and producer, Energy Resources of Australia (ASX: ERA), with a Buy recommendation. Resources analyst, Scott Finlay initiated coverage with an A$16.41 price target. Mr Finlay said "We believe that uranium oxide prices are headed higher, that this is not a short term phenomenon, and that ERA's share price does not yet fully factor in this view. ... [more]

Deutsche Bank initiates coverage of Paladin Resources Limited
Deutsche Bank has initiated coverage of uranium miner and producer, Paladin Resources Limited (ASX: PDN), with a Hold recommendation. Resources analyst, Scott Finlay initiated coverage with an A$5.27 price target. Mr Finlay said "We believe that uranium prices are headed higher, that this is not a short term phenomenon, and that Paladin's share price reflects this view. . ... [more]

Deutsche Bank further expands US Private Wealth Management Business
Deutsche Bank today announced it has hired Rosemary Vrablic and Dominic Scalzi as Managing Directors and Senior Private Bankers in its US Private Wealth Management (PWM) business. Vrablic and Scalzi join the firm from Bank of America Private Bank, where they spent many years as Private Client Advisors.... [more]

Zar Amrolia appointed Global Head of Foreign Exchange
Deutsche Bank today announced the appointment of Zar Amrolia as Global Head of Foreign Exchange, reporting to Alan Cloete, Head of Global Finance & Foreign Exchange. Amrolia, who is based in London, first joined Deutsche Bank on the foreign exchange options desk in 1995 after five years at CSFB.
... [more]

Deutsche Bank initiates coverage of Emeco Holdings
Deutsche Bank has initiated coverage of Emeco Holdings (ASX: EHL), following its recent initial public offering, with a Buy rating. Emerging Companies analyst, Neil Watson initiated coverage with a $2.15 price target.
... [more]

Deutsche Bank completes acquisition of mortgage originator Chapel Funding, LCC
Deutsche Bank today announced it has completed its acquisition of Chapel Funding, LLC, a California-based mortgage originator. Chapel Funding's origination and servicing business will be operated under the name db home lending as a part of Deutsche Bank's Global Markets Residential Mortgage Backed Securities (RMBS) platform.
... [more]

Deutsche Bank appoints Head of Global Banking for GCC
Deutsche Bank today announced the appointment of Nicholas Hegarty as Head of Global Banking for GCC, effective immediately. At Deutsche Bank, Hegarty will be responsible for leading the investment banking practice and developing Deutsche Bank's coverage platform in the Gulf.... [more]

Deutsche Bank expands Australian presence in Prime Services with several new hires
Deutsche Bank has boosted its Prime Services presence in Australia, with four new hires to the existing team based in Sydney. James Jennings has been appointed Director and Head of the Australian based Prime Services team.... [more]

Deutsche Bank celebrates 30 years in the Kingdom of Bahrain
Deutsche Bank today celebrates its 30th anniversary from when it first opened an office in the Kingdom of Bahrain. The office has primarily been focussing on Global Transaction Banking, Private Wealth Management and Asset Management services,... [more]

Deutsche Asset Management Quantitative Strategies Group launches two new institutional global absolute return strategies
Deutsche Asset Management today announced the launch of two new absolute return global macro strategies for US and Non-US investors that use the integrated Global Alpha Platform (iGAP) to help generate excess return or alpha. The US absolute return strategy seeks to add 20% alpha on an annual basis,... [more]

Vestel Elektronik closes USD125 Million letter of credit facility via ABN Amro and Deutsche Bank
Vestel Elektronik has recently closed a USD 125 million letter of credit issuance facility via Mandated Lead Arrangers and Bookrunners ABN AMRO and Deutsche Bank AG, London Branch.... [more]

Deutsche Bank Private Wealth Management appoints Hannes Oelschlegel as Head of Central & Eastern Europe and Turkey
Deutsche Bank Private Wealth Management today announced the appointment of Hannes Oelschlegel as Managing Director and Head of Private Wealth Management Central & Eastern Europe and Turkey with effect from 1 September. ... [more]

Syndication of the US$400 Million syndicated trade loan facility for AFTBank, Kazakhstan launches
JSC ATF Bank, Kazakhstan ("ATFBank") have today announced the appointment of a group of international financial institutions to lead their forthcoming US$ 400mn Syndicated Term Loan Facility.... [more]

Deutsche Bank named sole clearing bank for IATA in Pakistan
Deutsche Bank's Global Transaction Banking has been appointed the sole clearing bank for International Air Transport Association's ("IATA") pioneer Billing and Settling Plan (BSP) in Pakistan. The scope of the cash management mandate
encompasses IATA's entire banking and data processing requirements.... [more]

Deutsche Bank's MTNA to revolutionize global payments in Asia
Deutsche Bank's enhanced Money Transfer New Architecture ("MTNA") is set to revolutionize global payments in Asia. With  MTNA, Deutsche Bank will be able to offer customized payments solutions to its clients on a platform that can process transactions at a level never before seen in the Asian payments industry.... [more]

Terri Sohrab to join Deutsche Bank´s US Private Wealth Management Business as a Private Banker
Deutsche Bank today announced Terri Sohrab has joined the firm as a Managing Director and Private Banker in New York, further expanding its US private banking business. Sohrab has more than 24 years of financial services experience.... [more]

Deutsche Asset Management adds again to its European Sales Team for DB Absolute Return Strategies
Deutsche Asset Management (DeAM) today announced the appointment of Charles Simeon as a Director within DB Absolute Return Strategies, DeAM's global fiduciary hedge fund management business. ... [more]

Deutsche Asset Management hires Brian Urban and Stéphanie Schmidt to strengthen European Institutional Sales team
Deutsche Asset Management (DeAM) today announced that Stéphanie Schmidt and Brian Urban have joined the firm to strengthen the European Institutional Sales team.Brian joins as a Director and Head of Institutional Sales for the Netherlands. He is based in Amsterdam and reports to Peter Kerger, Head of Institutional Distribution, Europe.... [more]

Deutsche Asset Management appoints Charles B. Leitner III Global Head of Alternative Investments
Deutsche Asset Management (DeAM) today announced that Charles B. Leitner III has been appointed Global Head of Alternative Investments, effective September 1, 2006. In this newly created role, Leitner will be responsible for all of DeAM's alternative asset classes: real estate, infrastructure, and hedge funds.... [more]

Deutsche Bank Global Markets Research strengthens its Investment Advisory Group
Deutsche Bank Securities Inc. today announced that Gerald Lucas will join its Global Markets Research group as a Director and Senior Investment Advisor in the Investment Advisory Group. Lucas joins from Banc of America Securities, where he was Chief Treasury and Agency Strategist. ... [more]

Global Pension Funds should allocate at least 20% to foreign exchange, according to Deutsche Bank Research
Deutsche Bank has released new research titled "Currencies: Pensions Saviour?" which suggests that for global portfolios to benefit the most from foreign exchange, allocations to FX should be in the order of 20%-30%. In that way, the quality of returns can be significantly enhanced, not least by considerably reducing the duration and magnitude of phases of returns underperformance.... [more]

Deutsche Bank acquires norisbank
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) has signed an agreement to acquire norisbank, currently a part of DZ Bank Group. Deutsche Bank will purchase the business conducted under the "norisbank" brand with 334,000 clients, a loan book of EUR 1.4 billion, deposits of EUR 1.6 billion and 98 branches in 58 cities for a preliminary consideration of EUR 420 million.... [more]

EUR 1 billion for SMEs
Deutsche Bank and KfW Bankengruppe have signed the contract for a global loan in the amount of EUR 1 billion today. Both institutions are thus continuing their successful cooperation for the promotion of small and medium-sized enterprises. ... [more]

Deutsche Bank hires Mike Ginelli as Head of Product Development for Prime Brokerage in the United States
Deutsche Bank Securities Inc. today announced that Mike Ginelli has joined as a Director and Head of Product Development for Prime Brokerage within the Global Markets division, reporting to Thomas Kerns, Managing Director and Global Head of Client Reporting and Product Integration within Global Prime Services. ... [more]

Marwan Marshi joins Deutsche Bank as a Vice-Chairman in Global Capital Markets
Deutsche Bank Securities Inc. today announced that Marwan Marshi will join the firm as a Vice-Chairman and Managing Director in Global Capital Markets. Marshi was most recently Managing Director and Global Head of Fixed Income Capital Markets at Citigroup.... [more]

Deutsche Bank's Global Insurance Asset Management Business names Heads of Insurance Relationships in Europe and North America
Deutsche Asset Management (DeAm) today announced two senior appointments in its Global Insurance Asset Management Group (GIAM). Joachim Liese has joined as a Managing Director and Head of European Insurance Relationships based in Frankfurt, and Barton Holl, CFA, has been appointed Managing Director and Head of North American Insurance Relationships in New York. ... [more]

Deutsche Bank announces senior appointments in the Middle East
Deutsche Bank today announced the appointments of Ricardo Honegger as Chief Country Officer for UAE and General Manager of Deutsche Bank's Dubai branch and Hatim Mouminah as General Manager of Deutsche Bank's Riyadh branch. Both appointments are effective immediately.... [more]

Deutsche Bank reports second quarter 2006 pre-tax profit of EUR 1.9 billion, up 32%
Deutsche Bank (XETRA: DBKGn. DE/NYSE: DB) reported income before income taxes of EUR 1.9 billion for the second quarter 2006, up 32% versus the second quarter 2005. Net income was EUR 1.2 billion, up 29%. ... [more]

Deutsche Bank appointed as Depositary Bank for the American Depositary Receipt (ADR) program of WNS (Holdings) Limited.
Deutsche Bank announces its appointment as depositary bank for the New York Stock Exchange-listed American Depositary Receipt (ADR) program of WNS (Holdings) Limite (WNS).... [more]

Deutsche Bank appoints Chief Country Officer for Schweden
Deutsche Bank today announced that Jan Olsson has been appointed Chief Country Officer for Sweden and General Manager of Deutsche Bank's Stockholm branch, effective July 1, 2006.... [more]

Deutsche Bank acquires stake in Deutsche Börse
Deutsche Bank announced that it has acquired one percent of the share capital of Deutsche Börse, thus underscoring its interest in a strong stock exchange at Germany's financial centre.... [more]

US$202.5million Syndicated Term Loan Facility for JSC Russian Standard Bank arranged by ABN AMRO and Deutsche Bank signs
JSC Russian Standard Bank ("RSB") announced today the signing in Moscow of the US$ 202.5mn Syndicated Term Loan Facility arranged by ABN AMRO Bank N.V. ("ABN AMRO") and Deutsche Bank AG, London Branch ("Deutsche Bank"). ... [more]

Deutsche Bank begins build out of Fixed-Income Prime Brokerage with the addition of two officers
Deutsche Bank Securities Inc. today announced that Hester Serafini and Jacqueline Liau have joined as Directors in the Bank's newly-launched Fixed-Income Prime Brokerage within the Global Markets division. ... [more]

Powershares and Deutsche Bank unite to deliver commodity and currency ETFs
Deutsche Bank (DB) and PowerShares today announced plans to re-brand the DB Commodity Index Tracking Fund as the PowerShares DB Commodity Index Tracking Fund (symbol: DBC).... [more]

Deutsche Bank significantly strengthens Prime Brokerage
Deutsche Bank Securities Inc. today announced that Mel Gunewardena has joined as a Managing Director and Global Head of Fixed Income Prime Brokerage within the Global Markets division.... [more]

Deutsche Bank to add five veterans to further build its municipal products business
Deutsche Bank Securities Inc. today announced that Doug Goldberg, Sam Gruer, Robert Lind, Jere McGuffee and Ron Vandenhandel will join as Directors in its Global Markets division.... [more]

Deutsche Bank launches Credit Cards in India
Deutsche Bank announced today that it has launched a full suite of credit cards in India. The launch marks the second pillar of Deutsche Bank's consumer banking strategy in India - following the roll-out of retail banking last year.... [more]

Scott Perkins assumes sole Head of Global Banking, Hamish Douglass to become Senior Adviser
Scott Perkins is to assume sole leadership of Deutsche Bank's Global Banking activities in Australia and New Zealand. ... [more]

Deutsche Bank appoints Head of Middle East Company Research
Deutsche Bank today announced it had hired Zahed Chowdhury as Head of Middle East Company Research, effective immediately. ... [more]

RREEF closes its first investment in Bulgaria
RREEF, the real estate and infrastructure investment management arm of Deutsche Asset Management, the global investment management business of Deutsche Bank, has formed a joint venture company with Winslow Developments Ltd to develop real estate projects in Bulgaria.... [more]

DWS Scudder launches two new funds that build on Deutsche Asset Management's global investment expertise
DWS Scudder, a division of Deutsche Asset Management, today announced the launch of two new open-end mutual funds - the DWS International Value Opportunities Fund and the DWS RREEF Global Real Estate Securities Fund. ... [more]

Deutsche Bank announces two key appointments within the European Securitised Products Group
Deutsche Bank today announced Jeff Stolz has been appointed Head of European ABS Banking and Origination within the European Securitised Products Group (SPG) and Christopher Davis will join the Special Situations Group within SPG.... [more]

Deutsche Bank hires three client advisors in New York
Deutsche Bank Alex. Brown, the US Private Client Services (PCS) division of Deutsche Bank Securities Inc. and Deutsche Bank Private Wealth Management, today announced the appointments of Gus Demopoulos, Michael Jarmolowich and Michael Fontaine as client advisors in the firm's New York office.... [more]

Craig Perlman to lead Deutsche Bank Prime Brokerage Client Service in the United States
Deutsche Bank Securities Inc. today announced that Craig Perlman has joined as a Managing Director and US Head of Client Service for Prime Brokerage within the Global Markets division.... [more]

Deutsche Securities appoints Yuhiko Yano to Global Banking Division as Head of Expanded TMT Corporate Coverage Group
Deutsche Securities Inc. (DSI), today announced that it has made key hires to further strengthen its Telecoms, Media and Technology group (TMT) within its Global Banking Division, considerably enhancing its capabilities to provide cutting-edge solutions to its clients.... [more]

Deutsche Bank to acquire MortgageIT Holdings, Inc.
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) announced today the signing of a definitive agreement to acquire MortgageIT Holdings, Inc. (NYSE: MHL), a residential mortgage real estate investment trust (REIT)... [more]

Deutsche Asset Management appoints Klaus Kaldemorgen as Global Head of Equities and Heinz Fesser as Global Head of Fixed Income
Deutsche Asset Management (DeAM) has appointed Klaus Kaldemorgen as Global Head of Equities and Heinz Fesser as Global Head of Fixed Income, effective immediately. ... [more]

Luis Antonio Betancourt Barrios joins Deutsche Bank as Head of Trading in Mexiko
Deutsche Bank Mexico, S.A. today announced that Luis Antonio Betancourt Barrios will join the Bank's Global Markets division as Head of Trading for Mexico.... [more]

Deutsche Bank research team gains strong results for Emea in Thomson Extel Survey
Deutsche Bank is pleased to announce that it has been ranked as the number one European Emerging Market Brokerage Firm and number one for a range of EMEA research categories in the Thomson Extel Pan-European Survey 2006.... [more]

DWS Scudder strengthens US Distribution Team with 20 new hires
DWS Scudder, a division of Deutsche Asset Management Americas (DeAM) has strengthened its sales and product management force with the addition of 20 new professionals.... [more]

Deutsche Securities appoints Naoki Morita as Head of newly established Global Market Client Strategy Department
Deutsche Securities Inc. (DSI), today announced the establishment of a Client Strategy Department within its Global Markets Division on July 1, 2006 and that it has appointed Naoki Morita to head the new unit.... [more]

Deutsche Bank opens representative office in Bulgaria and appoints Pavel Ezekiev as its official representative in Sofia
Deutsche Bank has opened a representative office in Sofia, Bulgaria and appointed Pavel Ezekiev as official company representative.... [more]

db mortgages extends rollout to full packager market
Deutsche Bank today announced that its new specialist mortgage lender, db mortgages, is commencing their broader rollout to the full packager market by increasing distribution from three to twenty packagers. ... [more]

Siegert to replace Kirchhof on the Supervisory Board of Deutsche Bank
The Management Board and Supervisory Board have asked Professor Dr. Theo Siegert (59) to join the Supervisory Board. ... [more]

Deutsche Bank Private Wealth Management hires Mitchell Higgins as Head of Sales Management
Deutsche Bank today announced that Mitchell Higgins has joined its US Private Wealth Management (PWM) business as a Managing Director and Head of Sales Management.... [more]

Deutsche Bank`s Loan Exposure Management Group issues Landmark Emerging Markets CLO
Deutsche Bank today announced the closure of a USD 500 million emerging markets CLO. ... [more]

Deutsche Bank acquires Berliner Bank
Landesbank Berlin has signed a legally binding contract with Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) on the sale of Berliner Bank.... [more]

MacDonald joins Deutsche Asset Management as Global Head of Institutional Marketing
Deutsche Asset Management announced today that Lynn MacDonald has been named as Global Head of Institutional Marketing.... [more]

Deutsche Bank strengthens European Insurance and Pensions Group
Deutsche Bank today announced two new appointments to its European Insurance and Pensions Group.... [more]

US$ 60mn Syndicated Trade Related Term Loan Facility for Joint-Stock Commercial Industrial & Investment Bank "Prominvestbank", Ukraine arranged by Deutsche Bank and ING signs
Joint-Stock Commercial Industrial & Investment Bank "Prominvestbank", Ukraine