Press Releases 2010
July 27, 2010
Deutsche Bank reports second quarter 2010 net income of EUR 1.2 billion
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today reported results for the second quarter and first half of 2010. Net income for the quarter was EUR 1.2 billion versus EUR 1.1 billion in the second quarter 2009. Income before income taxes was EUR 1.5 billion, up 16% versus EUR 1.3 billion in the prior year quarter ... [more]
July 26, 2010
Deutsche Bank hires Greg Sommer as Head of Energy M&A
Deutsche Bank Securities Inc. today announced that Greg Sommer will join the firm's Mergers & Acquisitions group as a Managing Director and Head of Energy M&A for the Americas. He will be based in New York and will report to Bruce Evans, Head of M&A for the Americas. Sommer will join Deutsche Bank after 13 years at Citigroup ... [more]
July 23, 2010
Deutsche Bank publishes CEBS stress test results
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) was subject to the 2010 EU-wide stress testing exercise coordinated by the Committee of European Banking Supervisors (CEBS), in cooperation with the European Central Bank (ECB), Deutsche Bundesbank, and the German Federal Financial Supervisory Authority (BaFin) ... [more]
July 21, 2010
Scott Lampard to join Deutsche Bank as Head of Global Markets for Canada
Deutsche Bank today announced that Scott Lampard will join as Head of Global Markets for Canada, managing the Bank's sales and trading business in the region. Lampard will report to Jeffrey Mayer, Head of Global Markets for North America, and Paul Jurist, Chief Country Officer for Canada. Lampard will be based in Toronto ... [more]
July 19, 2010
Deutsche Bank strengthens Power and Utilities corporate coverage
Deutsche Bank Securities Inc. today announced that Dean Keller will join the firm's Natural Resources group as a Managing Director, focusing on the Power and Utilities sector. He will be based in New York, reporting to Kirk Andrews and Frank Kinney, Co-Heads of Power & Utilities corporate coverage in the Americas ... [more]
July 18, 2010
Deutsche Bank appoints Henry Cai Chairman of Corporate Finance, Asia and Head of the Corporate and Investment Bank, China
Deutsche Bank today announced the appointment of Henry Cai as Chairman of Corporate Finance, Asia and Head of the Corporate and Investment Bank (CIB), China. Mr Cai will join Deutsche Bank's Asia Pacific Executive Committee and will be based in Hong Kong. Reporting to Robert Rankin, Deutsche Bank's Chief Executive Officer, Asia Pacific his appointment will be ... [more]
July 14, 2010
Deutsche Bank hires Medical Supplies and Devices analyst Kristen Stewart
Deutsche Bank Securities, Inc. today announced that Kristen Stewart has joined as a Director and senior company research analyst within its Global Markets division. Based in New York, Stewart will provide equity research coverage of the Medical Supplies and Devices sector and report to Steve Pollard, Managing Director and Head of Research for the Americas ... [more]
July 14, 2010
Deutsche Bank hires Dixit Joshi as Head of Equities EMEA
Deutsche Bank has hired Dixit Joshi as Head of Equities for EMEA. His appointment reinforces the bank's commitment to clients in the region and will strengthen its leading position in cash equities, equity derivatives and prime brokerage. Mr Joshi will join the bank from Barclays Capital where he was Head of Equities for EMEA, establishing and building ... [more]
July 13, 2010
Jeffrey Mayer to Join Deutsche Bank as Head of Global Markets for North America
Deutsche Bank today announced that Jeffrey Mayer will join as Head of Global Markets for North America, managing the Bank's market-leading sales and trading business in the region. Mayer will report to Anshu Jain, Head of the Corporate and Investment Bank and Member of the Management Board and Group Executive Committee. Mayer will be based in New York ... [more]
July 13, 2010
Deutsche Bank significantly expands Equity Capital Markets platform
Deutsche Bank today announced three new hires which will serve as the core of a newly established ECM Execution Group in the Americas. The new group will be comprised of two Managing Directors and a Director and will oversee execution of franchise business with support from origination in ECM as well as Corporate Finance coverage teams ... [more]
July 12, 2010
Deutsche Bank realigns its custody business to better service customer needs
Deutsche Bank today announced a realignment of its custody and related businesses around three core pillars; clients, products and regions.
The business, formerly known as Domestic Custody Services in the Global Transaction Banking division, has been renamed Direct Securities Services (DSS), and is comprised of the existing Custody Services ... [more]
July 9, 2010
Deutsche Bank named Best Global Investment Bank in Euromoney Magazine's Awards for Excellence 2010
Euromoney Magazine named Deutsche Bank the "Best Global Investment Bank" for 2009-2010 in its annual Awards for Excellence, announced yesterday in London. The magazine's editors cited Deutsche Bank's financial performance as a factor in their decision, alongside a successful recalibration strategy that significantly reduced risk without adversely impacting the Bank's ability to serve its clients ... [more]
July 9, 2010
Deutsche Bank expands Global Foreign Exchange
Deutsche Bank today announced that Alan Ruskin will join the firm's Global Research group as a Managing Director and Global Head of G10 FX Strategy.  Ruskin will report to Bilal Hafeez, Managing Director and Global Head of FX Research, and be based in New York. Ruskin will join the Bank in August following a notice period ... [more]
July 6, 2010
Deutsche Bank appointed depositary bank for the NASDAQ listed American Depositary Receipt Program of HiSoft Technology International Limited
Deutsche Bank today announced its appointment as depositary bank for the NASDAQ listed American Depositary Receipt (ADR) program of HiSoft Technology International Limited (HiSoft). HiSoft is a leading China-based provider of outsourced information technology and ... [more]
July 5, 2010
Deutsche Bank appoints Stuart Smith as Head of Corporate Commodity Sales, Asia ex-Japan
Deutsche Bank announced today it has appointed Stuart Smith as a Managing Director and Head of Corporate Commodity Sales for Asia ex-Japan. Dr Smith joins from JP Morgan where he was an Executive Director, Energy Sales - Australia, New Zealand and South East Asia. Dr Smith, whose appointment is effective immediately, is based in Singapore and reports ... [more]
July 1, 2010
Chuck Leitner to lead worldwide alliance to 'Green' Real Estate
Deutsche Bank's Asset Management division (DeAM), in partnership with Greenprint Foundation, today announced that Charles B. Leitner III will assume the role of Chief Executive Officer of Greenprint, a worldwide alliance of leading real estate owners, investors and financial institutions committed to reducing carbon emissions across the global property industry ... [more]
July 1, 2010
Deutsche Bank and partners launch Green Retrofit Data Project
Deutsche Bank, along with Living Cities and a multi-stakeholder group, has selected a winning team to create the Building Energy Efficiency Data Report, an initiative which aims to track economic impacts, energy savings, and carbon emissions reduction of anticipated investments in multifamily building energy efficiency retrofits in New York City. The winning team, led by ... [more]
June 30, 2010
Deutsche Bank and Government of Ecuador pioneer carbon trading household energy efficiency
Deutsche Bank and the Government of Ecuador have entered into a pioneering transaction to finance household energy efficiency in Ecuador through the carbon market. The Government of Ecuador, acting through the Ministry of Electricity and Renewable Energy, has the potential to generate Certified Emissions Reductions (CERs), the emissions credits issued by ... [more]
June 29, 2010
Deutsche Bank expands China institutional sales team
Deutsche Bank announced today it has made seven appointments to its institutional sales team for China, who will focus on marketing global products to Chinese financial institutions. All appointments, which are effective immediately, are based in Hong Kong and report to Wenbo Shao, Head of the Institutional Client Group (ICG) China ... [more]
June 29, 2010
Deutsche Bank hires Global Head of Capital Introduction
Deutsche Bank has hired Anita Nemes as Global Head of Capital Introduction, based in London. She will spearhead the ongoing effort to provide Deutsche Bank's hedge fund clients with access to institutional sources of capital, which has been one of the most significant growth areas for hedge funds since 2008 ... [more]
June 24, 2010
Deutsche Bank presents Wangechi Mutu, Artist of the Year 2010, at WIELS, Brussels
Deutsche Bank's Artist of the Year 2010 Wangechi Mutu created a spectacular installation with My Dirty Little Heaven. After its premiere at the Deutsche Guggenheim, her exhibit now travels to Brussels, where it will be presented from June 25 to September 12 at WIELS. In addition to the installation, around 40 paintings, collages and videos will ... [more]
June 23, 2010
Deutsche Bank Tops 2010 Global Custodian Prime Brokerage Survey
Deutsche Bank today announced that its Global Prime Finance business within its Global Markets division has been ranked #1 in the 17th annual Global Custodian Prime Brokerage Survey. Additional highlights of Deutsche Bank's results ... [more]
June 21, 2010
Deutsche Bank augments Asian equity sales coverage with five appointments
Deutsche Bank announced today it has appointed Murray Wilson as Head of Research Sales, Asia ex-Japan, and made four additional hires across sales trading and electronic trading coverage in Hong Kong, Mumbai, Singapore and Taipei. All appointments are effective immediately. Rob Ebert, Head of the Institutional Client Group - Equity, Asia, said: "We will continue ... [more]
June 18, 2010
Deutsche Bank expands global consumer coverage platform
Deutsche Bank Securities Inc. today announced that Jonathan Tretler will join the firm's Consumer group as a Managing Director, focusing on the Bank's food and beverage client universe. He will be based in New York, reporting to Keith Wargo and Scott Bell, Global Co-Heads of the Consumer group. Tretler will join Deutsche Bank ... [more]
June 18, 2010
Deutsche Bank and Winton launch UCITS III fund
Deutsche Bank and Winton Capital Management ('Winton') are pleased to announce the launch of a UCITS III compliant version of Winton's flagship Diversified Program. The UCITS III fund, called the DB Platinum IV dbX Systematic Alpha Index Fund ('The Fund'), which will be launched on Deutsche Bank's Platinum platform is linked to ... [more]
June 16, 2010
Deutsche Bank strengthens Global Prime Finance Technology
Deutsche Bank today announced two additions to Group Technology and Operations for Global Prime Finance, a business dedicated to developing and supporting technology for its industry-leading* Global Prime Finance business within the Firm's Global Markets division. Anthony Graffeo joined as a Director and Head of Technical Architecture for Global Prime Finance ... [more]
June 15, 2010
Anshu Jain becomes sole Head of Deutsche Bank's Corporate and Investment Bank
At its meeting today, Deutsche Bank's Supervisory Board approved the request of Michael Cohrs, Co-Head of the Corporate and Investment Bank and Head of Global Banking, to retire from the Management Board and the bank at the end of September 2010 ... [more]
June 14, 2010
Deutsche Bank partners with Bader to launch creative awards in Lebanon
The Deutsche Bank Middle East Foundation in partnership with Bader Young Entrepreneurs Program announced today the launch of the Deutsche Bank Awards in Lebanon. This marks the first time that the Deutsche Bank Awards have been offered outside of the UK, where they have been in place since 1993.  The Awards offer practical and financial support to ... [more]
June 14, 2010
Deutsche Securities Inc. expands Global Markets Research coverage with appointment of Auto Parts and Tires analyst
Deutsche Securities Inc. (DSI) today announced it will expand the coverage of its Global Markets Research department to the Auto Parts and Tires sector with the appointment on June 14, 2010 of Takashi Moriwaki as Vice President and Analyst. Mr. Moriwaki will work in partnership with Autos sector analyst Kurt Sanger. Mr. Moriwaki was ranked third ... [more]
June 9, 2010
Deutsche Bank appointed as depositary bank for the sponsored Level I American Depositary Receipt program of Ipsen S.A.
Deutsche Bank today announced its appointment as depositary bank for the sponsored Level I American Depositary Receipt (ADR) program of Ipsen S.A. (EURONEXT: IPN). Ipsen's ADRs will trade OTC, the symbol is IPSEY. The company's ordinary shares are listed on Compartment A on Euronext Paris under the symbol IPN (ISIN code: FR0010259150) ... [more]
June 9, 2010
Deutsche Bank presents works from its contemporary art collection in Buenos Aires: "Beuys and Beyond - Teaching as Art"
To commemorate the 200th anniversary of Argentina's independence, Deutsche Bank is pleased to join forces with Centro Cultural Recoleta (CCR) to present Beuys and Beyond - Teaching as Art. This is the third exhibition of works from the corporate collection which is touring seven renowned Latin American museums, and ... [more]
June 9, 2010
Deutsche Bank announces Senior Regional Private Wealth Management appointment
Deutsche Bank announced today the appointment of Nasim Ahmad as Regional Head for Global South Asia, for the Middle East and Pakistan in its Private Wealth Management division. He will be based in Dubai, and will report to Salman Mahdi, Head of Private Wealth Management, Global South Asia. Henry Azzam, Chief Executive Officer for Deutsche Bank for ... [more]
June 8, 2010
John T. McCauley appointed Regional Executive for Deutsche Bank Private Wealth Management in Houston
Deutsche Bank Alex. Brown today announced that John T. McCauley has been hired as Regional Executive and a Managing Director for Houston, Texas. He reports to G. Haig Ariyan, a Managing Director and Head, Private Client Services Eastern Region. Deutsche Bank Alex. Brown is the US Private Client Services (PCS) division of ... [more]
June 8, 2010
Deutsche Bank Adds Saudi Arabia to its Custody Network
Deutsche Securities Saudi Arabia announced today that it has commenced offering custody services on the Kingdom of Saudi Arabia's stock exchange, Tadawul, thus helping the market provide an enhanced level of investor service and transparency. In its capacity as a custodian, Deutsche Securities Saudi Arabia will offer ... [more]
June 4, 2010
Deutsche Bank continues to dedicate over 80 million Euros a year to non-profit purposes in spite of the financial crisis
Despite the financial crisis, Deutsche Bank is not cutting back on its expenditure in the area of Corporate Social Responsibility (CSR). Last year, the bank and its foundations invested a total of over EUR 81 million in education and social initiatives, sustainability, art & music as well as corporate volunteering ... [more]
May 26, 2010
Deutsche Bank showing new art at ART HK 2010 in Hong Kong
This year, Deutsche Bank is the lead sponsor of the young Hong Kong International Art Fair for the first time. The bank, which will be the main sponsor of of the fair for the next five years, is staging a number of its own art activities accompanying this year's edition of ART HK (May 27-30, 2010). With the exhibition "More Than Meets the Eye", which will be on view parallel to ... [more]
May 25, 2010
Bob Keller to join Deutsche Bank as a Managing Director in Global Credit Trading in New York
Deutsche Bank today announced that Bob Keller will join as a Managing Director in Global Credit Trading within the Bank's Global Markets division. In his role, Keller will trade cash and credit default swaps (CDS), and report to Masaya Okoshi, Managing Director and Head of Investment Grade Credit Trading in the Americas. Keller will be based in New York ... [more]
May 25, 2010
Deutsche Bank strengthens credit sales platform
Deutsche Bank today announced it has hired Suzanne Cain as a managing director in institutional credit sales, further strengthening the bank's leading credit franchise. Suzanne returns to Deutsche Bank from Morgan Stanley where she was Head of Credit Sales for Europe, the Middle East and Africa. Before joining Morgan Stanley in 2002 she spent seven years at ... [more]
May 25, 2010
Deutsche Bank further strengthens Deutsche Shipping platform
Deutsche Bank Securities Inc. today announced that Simon Booth will join the firm as a Managing Director and Global Co-Head of Deutsche Shipping, alongside Ralf Bedranowsky. Booth will be based in London and will report to Paul Stefanick, Global Head of the Industrials Group ... [more]
May 20, 2010
Deutsche Bank strengthens CEEMEA bond origination team
Deutsche Bank has expanded its bond origination capabilities in Central Europe, the Middle East and Africa (CEEMEA) with three senior appointments in DCM. Maryam Khosrowshahi will join as a Managing Director and Head of Public Sector Coverage, CEEMEA, focusing on Sovereign borrowers and major state-owned corporations ... [more]
May 17, 2010
Deutsche Bank strengthens Global Credit Sales and Trading
Deutsche Bank today announced five senior hires in the Global Credit Trading and Institutional Client Groups within the Global Markets division: Jared Dolce will join as a Director in High Grade Credit Sales. He will be based in the Bank's Chicago office and report to Casey Talbot, who will join as Managing Director and Head of High Grade Credit Sales and Co-Head of Credit Sales ... [more]
May 12, 2010
Deutsche Bank renews its partnership with the Berliner Philharmoniker
Deutsche Bank, the exclusive sponsor of the Berliner Philharmoniker since 2002, will be continuing its partnership with the orchestra and has extended its sponsorship agreement by another five years, until 2015. Dr. Josef Ackermann, Chairman of the Management Board of Deutsche Bank: "We are pleased to continue our partnership with this outstanding orchestra ... [more]
May 12, 2010
Deutsche Bank expands Natural Resources coverage in the Americas
Deutsche Bank Securities Inc. today announced that Curt Launer will join the firm's Natural Resources corporate finance coverage group as a Managing Director focusing on MLP (Master Limited Partnerships) and midstream franchise coverage. He will be based in New York, reporting to Dan Ward, Head of Energy for the Americas. Launer joins from Sagent Advisors ... [more]
May 11, 2010
Deutsche Bank holds first-ever classical music concert to demonstrate CSR commitment in the UAE
As part of its commitment to Corporate Social Responsibility in the Middle East North Africa region, Deutsche Bank announced today the holding of a classical music concert in Dubai on May 21, 2010, with the aim of supporting culture and arts in the UAE by fostering creativity. The concert, Giuseppe Verdi's Messa da Requiem, marks the first time Deutsche Bank has organized ... [more]
May 6, 2010
Deutsche Bank increases equity stake in Hua Xia Bank to 19.99%
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announced that it had signed a binding agreement to subscribe to newly issued shares in Hua Xia Bank for a total subscription price of up to RMB 5,749 million (approx. EUR 636 million). Deutsche Bank's subscription is part of a private placement of Hua Xia Bank shares to its three largest shareholders with an overall issuance value ... [more]
May 4, 2010
Deutsche Bank boosts North Asia wealth planning team
Deutsche Bank Private Wealth Management (PWM) announced today that it has further strengthened its operations in North Asia by appointing Teddy Chu as Head of Wealth Planning North Asia and Andrew Chan as Wealth Planner with immediate effect. In their Hong Kong-based roles, Mr Chu and Mr Chan will be focused on creating wealth preservation and succession solutions for Deutsche Bank's PWM clients in North Asia ... [more]
April 29, 2010
Deutsche Bank appointed as successor depositary bank for the sponsored American Depositary Receipt program of Svenska Cellulosa Aktiebolaget SCA (publ)
Deutsche Bank today announced its appointment as successor depositary bank for the sponsored Level I American Depositary Receipt (ADR) program of Svenska Cellulosa Aktiebolaget SCA (publ) (SCA). SCA is a global hygiene and paper company that develops and produces ... [more]
April 29, 2010
Deutsche Bank presents Wangechi Mutu at the Deutsche Guggenheim as the first "Artist of the Year"
Wangechi Mutu is Deutsche Bank's first Artist of the Year. On this occasion, the Deutsche Guggenheim is presenting the first solo exhibition of the artist's work in Germany. With some 40 paintings, collages, and videos executed between 2003 and 2010, as well as an installation conceived especially for the exhibition hall ... [more]
April 28, 2010
Deutsche Bank hires Richard Newman as Prime Finance Risk Manager
Deutsche Bank today announced that Richard Newman will join as a Senior Risk Manager for Global Prime Finance within the bank's Global Markets division. Newman will be based in London and his appointment is effective from 4 May 2010. Newman will be responsible for providing sophisticated risk management solutions to international hedge fund clients focused on ... [more]
April 28, 2010
Deutsche Bank appoints Johnson Chan as Head of Financing for Greater China
Deutsche Bank today announced it has appointed Johnson Chan as a Director and Head of Financing for Greater China. Mr Chan, whose appointment is effective immediately, is based in Hong Kong and reports to Richard Li, Head of North Asia Debt Capital Markets and Corporate Coverage. In his new role, Mr Chan is responsible for providing Deutsche Bank's corporate clients ... [more]
April 27, 2010
Deutsche Bank reports first quarter 2010 net income of EUR 1.8 billion
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today reported results for the first quarter 2010. Net income for the quarter was EUR 1.8 billion, compared to EUR 1.2 billion in the first quarter 2009. Diluted earnings per share for the quarter were EUR 2.66, versus EUR 1.92 in the first quarter 2009. Income before income taxes was EUR 2.8 billion in the quarter, versus EUR 1.8 billion in the first quarter 2009 ... [more]
April 21, 2010
Deutsche Bank hires European Head of Distressed Trading
Deutsche Bank has appointed Stephen Byrne as European Head of Distressed Trading. Based in London, Byrne joins the bank after 14 years at Goldman Sachs where he was most recently Co-Head of European High Yield and Public Loan Trading. Byrne has extensive experience in high yield and leveraged loans and spent the last five years in ... [more]
April 19, 2010
Deutsche Bank confirms Lee Zhang to follow government call
Deutsche Bank today confirmed that Lee Zhang, 45, Chairman of Deutsche Bank, China and Head of Global Banking, Asia Pacific, after 10 years will leave the bank, to join ICBC, China's and the world's largest bank by market capitalization, as a Vice President. Chinese authorities have been in close liaison with Deutsche Bank in relation to this appointment, which is ... [more]
April 19, 2010
Reinhard-E. Uhl named Head of GTB Europe and Stefan Bender named Global Head of Capital Markets Sales
Reinhard-E. Uhl has been appointed Head of Global Transaction Banking Europe. Reinhard E. Uhl will take on his new role in addition to his existing responsibilities as Head of GTB Germany, given the importance of both Europe and Germany for the GTB franchise. Reinhard E. Uhl continues to report to Werner Steinmüller, Member of the Group Executive Committee ... [more]
April 19, 2010
Ardalan Gharagozlou named Head of Foreign Exchange Germany
Deutsche Bank today announced that Ardalan Gharagozlou has been, in addition to his role as Head of Global Finance Continental Europe, appointed the new Head of Foreign Exchange in Germany. Based in Frankfurt, he will also be responsible for foreign exchange sales, trading and structuring ... [more]
April 19, 2010
Deutsche Bank appoints Kenneth Hon as Head of Equity Derivatives Trading, Asia ex-Japan
Deutsche Bank announced today it has appointed Kenneth Hon as a Managing Director and Head of Equity Derivatives Trading for Asia ex-Japan. Mr Hon joins on 28 April from Citigroup, where he was Head of Equity Derivatives Trading for Asia ex-Japan, and will be based in Hong Kong. He will report regionally to Phillip Lonergan, Head of Equity Trading and Risk ... [more]
April 15, 2010
Deutsche Bank hires European Head of Rates Sales
Deutsche Bank has appointed David Martins da Silva as European Head of Rates Sales. He joins the bank from BNP Paribas where he was head of UK and Dutch Rates Sales. Martins da Silva will be based in London and will start in July. He will report to Haroon Sana, Global Head of Rates Sales and Dario Schiraldi, European Head of Institutional Sales ... [more]
April 15, 2010
Deutsche Bank appoints Gunnar Hoest as Head of Commodities, Asia
Deutsche Bank today announced it has appointed Gunnar Hoest as a Managing Director and Head of Commodities, Asia. Mr Hoest joins from Credit Suisse, where he was Head of Asia Commodities and starts with Deutsche Bank in late June. He will be based in Singapore and report regionally to David Lynne, Head of Global Rates Asia, and ... [more]
April 14, 2010
Deutsche Bank further strengthens M&A in the Americas
Deutsche Bank Securities Inc. today announced that Tim Kisling will join the firm's Mergers & Acquisitions group as a Managing Director and Head of Power, Utilities and Midstream M&A. He will be based in New York and will report to Bruce Evans, Head of M&A for the Americas. Kisling will join Deutsche Bank after 10 years at UBS, where he was ... [more]
April 13, 2010
Deutsche Bank expands algorithmic platform to reach Dublin, Athens and Johannesburg
Deutsche Bank's global electronic trading platform autobahn® Equity has begun offering professional clients access to algorithmic trading strategies on the Dublin, Athens and Johannesburg stock exchange. autobahn® Equity is Deutsche Bank's global electronic trading platform delivering smarter liquidity solutions to over 60 trading venues globally ... [more]
April 13, 2010
Deutsche Securities Co lead manages 20-year domestic straight bond for Central Japan Railway Company
Deutsche Securities Inc. (DSI) today announced the successful launch of a 20-year domestic unsecured straight bond issue (no.51) for Central Japan Railway Company. DSI served as joint lead manager for the issue. The offering is sized at an aggregate ¥30 billion and is rated Aa2 by Moody's and AA by R&I. The notes, which mature on April 23, 2030, are priced ... [more]
April 12, 2010
Deutsche Bank strengthens Latin America sales and trading in New York
Deutsche Bank's Emerging Markets business, within its Global Markets division, today announced several key hires in Latin America sales and trading in New York. Jorge Daniel Usandivaras will join as a Managing Director and Head of Latin American Strategic Transactions. He will report to Manuel Schnaidman, Managing Director and Head of ... [more]
April 12, 2010
Deutsche Bank and Saudi investors establish Shariah-compliant home financing company
Deutsche Bank AG announced today the formation of Deutsche Gulf Finance, a joint venture Shariah-compliant home financing company owned 40% by the Bank's Riyadh Branch and 60% by a group of prominent Saudi-based investors, led by Fahad Abdullah Abdulaziz Al Rajhi. Fahad Abdullah Al Rajhi said: "We are excited to partner with Deutsche Bank and ... [more]
April 9, 2010
Adam Boyton succeeds Tony Meer as Chief Economist of Deutsche Bank in Australia
With effect from 1 July, 2010, Adam Boyton becomes the new Chief Economist of Deutsche Bank in Australia. He succeeds Tony Meer, who will retire from the industry to focus on growing his successful indoor climbing business. Adam Boyton is presently Deutsche Bank's North American based G10 currency strategist. He is the author of Deutsche Bank's: "The New York View" ... [more]
April 9, 2010
Deutsche Bank launches new version of its risk management tool COMPAS and adds flexible options for its clients
Deutsche Bank's Risk Management Advisory (RMA) group today announced it has introduced numerous enhancements to its web-based risk management tool Comprehensive Approval System (COMPAS). COMPAS is an advanced web based lending platform for banks and financial institutions. The software helps to significantly increase the profitability of lending based products ... [more]
April 7, 2010
Doug Kline joins Deutsche Bank as Head of Hedge Fund Consulting
Deutsche Bank today announced that Doug Kline has joined its Global Prime Finance business within the Global Markets division as a Managing Director and Head of Hedge Fund Consulting. Kline is based in New York and reports to Pam Kiernan, Managing Director and Global Head of Business Development, and Scott Carter, Managing Director and ... [more]
April 7, 2010
Casey Talbot to join Deutsche Bank as Head of High Grade Credit Sales and Co-Head of Credit Sales
Deutsche Bank today announced that Casey Talbot will join as a Managing Director and Head of High Grade Credit Sales and Co-Head of Credit Sales within the Global Markets division. In addition, the Bank announced the appointment of Faris Naber to Head of Non-Investment Grade Sales and Co-Head of Credit Sales ... [more]
April 7, 2010
Deutsche Shipping repeats strong performance
Deutsche Shipping successfully stayed the course even in the difficult environment of 2009. Deutsche Bank's shipfinancing business generated EUR 58.8 million income before income taxes, reported Ralf Bedranowsky, Global Head of Deutsche Shipping, and Annemarie Ehrhardt, Global Head of CRM (Credit Risk Management) Shipping, on behalf of the management of Deutsche Shipping ... [more]
April 7, 2010
Deutsche Bank appoints Joe Cassidy Head of Prime Brokerage and Derivative Clearing for Global Rates
Deutsche Bank has appointed Joe Cassidy as Head of Prime Brokerage and Derivatives Clearing for Global Rates. He joins from Nomura where he held several senior positions including Global Co-Head of Prime Services, Global COO of Prime Services, Head of Equity Strategy and Head of European Corporate Strategy ... [more]
April 7, 2010
Deutsche Bank appoints Rob Ebert as Head of Institutional Client Group - Equity, Asia ex-Japan
Deutsche Bank today announced it has appointed Rob Ebert as Head of the Institutional Client Group - Equity, for Asia ex-Japan. Mr Ebert transfers to Hong Kong from Deutsche Bank in New York where he was Head of the Institutional Client Group - Equity, for North America. He will report to Bhupinder Singh, Head of the Institutional Client Group and Structuring for Asia ex-Japan ... [more]
April 6, 2010
Frederick Searby joins Deutsche Bank as Latin America Equity Strategist
Deutsche Bank Securities, Inc. today announced that Frederick Searby has joined as a Director and Latin America Equity Strategist within its Global Markets division. Based in New York, Searby covers Latin American equity markets, and reports to Rizwan Ali, Head of Equity Research for Latin America. Searby joined from Everkey Global, where he was a co-portfolio manager and ... [more]
April 6, 2010
Deutsche Bank's Asset Management business launches Private Equity Fund of Funds unit
Following the closing of the Sal. Oppenheim Group acquisition, Deutsche Bank is establishing a new private equity fund of funds business within its Asset Management division. The bank will combine the following three existing businesses under the new group entitled, DB Private Equity: the Private Equity Group of Deutsche Bank Private Wealth Management ... [more]
April 1, 2010
Deutsche Bank completes acquisition of parts of ABN AMRO
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) announced today the completion of the acquisition of parts of ABN AMRO's commercial banking activities in the Netherlands for EUR 700 million in cash. The transaction's closing follows the approval by the European Commission and other regulatory bodies ... [more]
April 1, 2010
Deutsche Bank clears an OTC derivative transaction through Autobahn
Deutsche Bank has electronically executed and cleared the first OTC interest rate derivative transaction through Deutsche Bank's flagship electronic trading platform, Autobahn, and new clearing infrastructure, dbClear. This latest client innovation allows electronic derivative transactions to flow straight through to SwapClear ... [more]
March 31, 2010
Deutsche Bank strenghtens Foreign Exchange in North America
Linda Crish joined as a Director in the Capital Markets Sales (CMS) Group within the Global Banking Division. In this role, Crish will work closely with the Bank's industry-leading* Foreign Exchange business, and focus on mid-cap US corporations. Crish is based in San Francisco, and reports to Elliott Dix, Director and Head of CMS in North America ... [more]
March 31, 2010
Fred C.C. Crozier joins Deutsche Bank Private Wealth Management in Baltimore
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 Fred C.C. (Corky) Crozier has joined the Bank as a Managing Director and Client Advisor in its Baltimore office ... [more]
March 30, 2010
Deutsche Bank hires Head of Corporate Pension Origination
Deutsche Bank has appointed Andrew Reid as a Managing Director and Head of Corporate Pension Origination within its Debt Capital Markets and Corporate Coverage business. Based in London, he will be responsible for all aspects of corporate pension fund client de-risking, including longevity solutions. He will report to Håkan Wohlin, Co-Head of Deutsche Bank's ... [more]
March 30, 2010
Deutsche Bank appointed depositary bank for the American Depositary Receipt program of Japan Retail Fund Investment Corporation
Deutsche Bank today announced its appointment as depositary bank for the American Depositary Receipt program of Japan Retail Fund Investment Corporation. Japan Retail Fund Investment Corporation owns a portfolio of retail properties throughout Japan and ... [more]
March 30, 2010
Deutsche Bank announces participation at EXPO 2010 Shanghai
Deutsche Bank today announced its participation at the World EXPO 2010. Held in Shanghai, China, from 1 May to 31 October 2010, the EXPO is a 150-year old exhibition which promotes the exchange of ideas, the development of the world economy, culture, science and technology. Themed 'Better City, Better Life', the EXPO is expected to attract 70 million visitors ... [more]
March 29, 2010
Deutsche Bank makes strategic investment in Craigs Investment Partners
Deutsche Bank AG (XETRA: DBKGn.DE / NYSE : DB) and Craigs Investment Partners Limited (CIP) today announced a proposal whereby Deutsche New Zealand Limited, a wholly owned subsidiary of Deutsche Bank, would acquire a 49.9% interest in Craigs Investment Partners ... [more]
March 25, 2010
John Utendahl joins Deutsche Bank Americas as Vice Chairman
Deutsche Bank today announced that John Utendahl has joined the firm as a Vice Chairman of Deutsche Bank Americas Holding Corp. In his new role, Utendahl will focus primarily on cultivating and enhancing major strategic client relationships for the firm. He will be based in New York as part of the Office of the CEO of Deutsche Bank Americas, Seth Waugh ... [more]
March 22, 2010
Deutsche Bank Autobahn® Equity releases the Super X algorithm
Deutsche Bank's Autobahn® Equity electronic trading business, within its Global Markets division, today announced the availability of the Super X algorithm in the United States and Europe. Super X applies a quantitative approach which allows clients to manage their access to dark liquidity using Deutsche Bank's industry leading real-time analytics ... [more]
March 18, 2010
Deutsche Bank hires Aerospace & Defense analyst Myles Walton
Deutsche Bank Securities, Inc. today announced that Myles Walton has joined as a Director and senior company research analyst within its Global Markets division. Based in New York, Walton will oversee Aerospace & Defense research in the US and report to Steve Pollard, Managing Director and Head of Research in the Americas ... [more]
March 18, 2010
Michael Durr to join Deutsche Bank as Global Head of Central Bank Sales
Deutsche Bank today announced Michael Durr will join as a Managing Director and Global Head of Central Bank Sales within the bank's rates division. Durr will focus on managing relationships with central banks across the world and will report to Haroon Sana, Global Head of Rates Sales. "Deutsche Bank's ability to structure, execute and risk manage large transactions makes us ... [more]
March 16, 2010
Deutsche Bank publishes its Annual Report 2009 and Remuneration Report
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) published its Annual Report for 2009 today. It consists of two sections: Annual Review and Financial Report. The Annual Review presents the bank's corporate profile and corporate divisions, the development of the share as well as the bank's staff and its corporate social responsibility activities ... [more]
March 16, 2010
Deutsche Bank publishes eighth annual Alternative Investment Survey
Deutsche Bank today announced the results of its eighth annual Alternative Investment Survey. Survey respondents represent asset management companies, corporations, family offices, high net worth individuals, foundations, endowments, fund of funds, insurance companies, investment consultants, private banks and private and public pension plans ... [more]
March 15, 2010
Deutsche Bank closes the acquisition of Sal. Oppenheim Group
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) announced today that it has closed the acquisition of Sal. Oppenheim Group. The purchase price was paid in cash and amounted to EUR 1.0 billion, excluding BHF Asset Servicing which is being on-sold. Sal. Oppenheim jr. & Cie. S.C.A. is now a wholly owned subsidiary of Deutsche Bank AG ... [more]
March 15, 2010
Deutsche Bank appoints Vinod Vasan as European Head of FIG DCM
Deutsche Bank has appointed Vinod Vasan as European Head of FIG DCM. He will join the bank in London from UBS and will report to Håkan Wohlin and Saleh Romeih, Co Heads of European DCM. Mr Vasan was most recently head of FIG DCM for Europe and Co Head of Capital and Equity Linked Products, EMEA at UBS ... [more]
March 12, 2010
Deutsche Bank presents new acquisitions for its collection at TEFAF
Once again, Deutsche Bank is sponsoring the European Fine Art Fair TEFAF (March 12-21, 2010) in Maastricht in the Netherlands. With its support, the bank is continuing its many years of commitment at one of the world's leading art and antiques trade fairs and at the same presenting its art program there. Under the motto "Preview 2010," Deutsche Bank is ... [more]
March 12, 2010
Deutsche Bank appointed as depositary bank for the sponsored American Depositary Receipt program of Greene King plc
Deutsche Bank today announced its appointment as depositary bank for the sponsored Level I American Depositary Receipt (ADR) program of Greene King plc (Greene King). Greene King has been brewing beer and operating pubs for over 200 years. Combining successful traditional ale brands with modern forward thinking, Greene King has grown ... [more]
March 10, 2010
Deutsche Bank appointed as depositary bank for the sponsored Level I American Depositary Receipt program of Murray & Roberts
Deutsche Bank today announced its appointment as depositary bank for the sponsored Level I American Depositary Receipt (ADR) program of Murray & Roberts. Murray & Roberts, incorporated in South Africa, is a leading engineering, contracting and construction services company, with a primary focus on ... [more]
March 8, 2010
Deutsche Bank Research steps up industrials coverage with airlines hire
Deutsche Bank Securities Inc. today announced that Michael Linenberg has joined as a Managing Director and senior company research analyst within its Global Markets division. Based in New York, Linenberg will oversee airline and aircraft leasing research in the US and report to Steve Pollard, Managing Director and Head of Research in the Americas ... [more]
March 8, 2010
Deutsche Bank hires Kees Hoving as Regional Head of Trade Finance and Cash Management Corporates for Germany
Deutsche Bank's Global Transaction Banking division today announced the appointment of Kees Hoving as Managing Director, Regional Head of Trade Finance and Cash Management Corporates business for Germany, effective 1. March 2010. Kees Hoving joins from RBS; Global Transaction Services where his most recent role was Head of GTS Netherlands and Head of Global Network Sales ... [more]
March 8, 2010
Deutsche Bank launches Exchange Traded Commodities ("ETC") platform
Deutsche Bank announces today the launch of its new cutting edge Exchange Traded Commodities (ETC) investment issuance platform with the launch of four new products on the Frankfurt Stock Exchange (Xetra). The new platform, branded "db ETC", will roll out to the rest of Europe in 2010 and include ETCs on Gold, Silver, Platinum and Palladium ... [more]
March 5, 2010
Steve Abrahams joins Deutsche Bank as Head of Securitization and Mortgage-Backed Securities Research in the US
Deutsche Bank Securities Inc. today announced that Steve Abrahams has joined as a Managing Director and Head of Securitization and Mortgage-Backed Securities Research within the firm's Global Markets division. He is based in New York and reports to Marcel Cassard, Managing Director and Global Head of Macro and Fixed Income Research ... [more]
March 5, 2010
Deutsche Bank lands Lipper Fund Award
For the second time in succession, Deutsche Bank has been awarded the Lipper Fund Award for the DB Platinum Funds, known in the market as db funds. The fund company won first place in the "Best Large Equity Group (3 years)" category for the Germany and Austria region. This means that db funds has been the most successful large equity manager in both countries over a period of three years ... [more]
March 3, 2010
Dominic Konstam to join Deutsche Bank as Global Head of Rates Research
Deutsche Bank Securities Inc. today announced that Dominic Konstam will join as a Managing Director and Global Head of Rates Research within the Bank's Global Markets division. In this role, Konstam will be focusing on developing the Bank's fixed income research platform in the US and globally, expanding its range of products on the platform and level of client service ... [more]
March 2, 2010
Deutsche Bank Group acts as Sole Bookrunner to JPY30.5 billion international equity offering for Pioneer Corporation
Deutsche Securities Inc. (DSI) announced today that Deutsche Bank AG, London Branch acted as Sole Bookrunner on the international equity offering for Pioneer Corporation (Pioneer) that successfully closed today. This international equity capital raising comprised 92 million shares with an issue price of JPY332, representing a 4.05% discount from the stock's closing price of ... [more]
March 1, 2010
Deutsche Bank creates dedicated Foreign Exchange sales team in Nordic region
Deutsche Bank has announced the creation of a dedicated FX sales team in the Nordic region. Covering all institutional, sovereign, public sector, corporate and mid cap clients in Sweden, Norway, Denmark, Finland and Iceland, the new sales force will be based in Stockholm and will provide a multi-product service. The new FX team will further strengthen Deutsche Bank's ... [more]
March 1, 2010
Deutsche Securities Inc. appoints Yoji Otani as Senior Analyst to its Global Markets Research team, expands coverage to construction sector
Deutsche Securities Inc. (DSI) today announced the appointment of Yoji Otani to its Global Markets Research department as a Managing Director and Senior Analyst for both the Housing & Real Estates sector and the Construction sector. Mr. Otani will join the company on May 19, 2010 and ... [more]
March 1, 2010
Deutsche Bank AG receives International Islamic Banking license from Bank Negara Malaysia
Deutsche Bank AG today announced it has received an International Islamic Banking license from Bank Negara Malaysia, allowing the Bank to more easily provide Islamic commercial and investment banking services denominated in foreign currencies to institutional clients throughout Asia. Deutsche Bank AG, International Islamic Banking, Malaysia Branch will ... [more]
February 24, 2010
Deutsche Bank facilitates Irish Environmental Agency's carbon allowance sale
Deutsche Bank helped the Irish Environmental Protection Agency (EPA) to raise €2.4 million ($3.3 million) this week through the sale of excess European Union carbon allowances. The Bank bought 185,000 allowances from the EPA to distribute through its global network of clients ... [more]
February 23, 2010
Wangechi Mutu named Deutsche Bank's 2010 artist of the year
Today Deutsche Bank is honoring Wangechi Mutu as the Deutsche Bank 2010 Artist of the Year. The Bank is presenting the award for the first time this year, opening up a new chapter in its commitment to art. Friedhelm Hütte, Global Head of Art, Deutsche Bank, commented: "With the Artist of the Year award we want to underline the philosophy of Deutsche Bank's art program ... [more]
February 22, 2010
Deutsche Bank appointed as depositary bank for the sponsored Level I American Depositary Receipt program of Cielo S.A.
Deutsche Bank today announced its appointment as depositary bank for the sponsored Level I American Depositary Receipt (ADR) program of Cielo S.A. (formerly VisaNet) (BOVESPA: CIEL3). Cielo S.A. is a leader in Brazil's payment cards industry, responsible for acquiring merchants and managing the card acceptance network for ... [more]
February 22, 2010
Deutsche Bank and Paternoster land largest ever pension scheme insurance deal
Deutsche Bank's wholly-owned insurance company, Abbey Life, has announced today that it has executed the largest ever longevity insurance transaction. This transaction will provide the BMW (UK) Operations Pension Scheme with a hedge for life expectancy risks associated with nearly ... [more]
February 17, 2010
Deutsche Bank makes key appointments to broaden distribution for managed accounts
Deutsche Bank's award-winning managed account platform has created a dedicated sales team to leverage the power of its global distribution network and capitalise on the growth of investor demand for alternative ways to access hedge funds ... [more]
February 16, 2010
Deutsche Bank & New York University Stern School of Business form multi-year academic partnership
Deutsche Bank and New York University Stern School of Business today announced a multi-year academic partnership designed to support and expand education and research related to risk management and financial regulation. The Volatility Institute at NYU Stern, directed by Nobel Laureate Robert Engle, will coordinate the program ... [more]
February 10, 2010
Deutsche Bank and NASDAQ OMX introduce the DB NASDAQ OMX Clean Tech Index
DB Climate Change Advisors (DBCCA), the climate change investment and research business of Deutsche Bank's Asset Management business, and The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) today announced the introduction of the DB NASDAQ OMX® Clean Tech Index (DBCC) ... [more]
February 10, 2010
Rakuten Securities Inc. launches Deutsche Bank Group db x-trackers ETF products to Japanese retail investors
Rakuten Securities Inc. (RSI) and Deutsche Bank Group (DBG) announced today that RSI has launched and commenced the marketing of 6 listed Chinese exchange traded funds (ETFs) structured and developed by DBG under its "db x-trackers" series to Japanese retail investors ... [more]
February 9, 2010
Tim Hooper to lead Deutsche Bank's Southeast US Cash Equity Sales
Deutsche Bank Securities Inc. today announced two new hires in the firm's Global Markets division. Tim Hooper has joined the division's Institutional Client Group as a Managing Director and Head of Southeast US Cash Equity Sales. Hooper is based in Atlanta, Georgia, and reports to Derek Capanna, Managing Director and Co-Global Head of Cash Equity Sales ... [more]
February 5, 2010
Deutsche Bank recognized among Jacksonville's Top Companies That Care
Deutsche Bank today announced that it has been named among the 'Top Companies That Care', an annual program sponsored by Jacksonville Magazine. Now in its eighth year, the award honors Northeast Florida's most community-minded businesses for their leadership and service ... [more]
February 5, 2010
Deutsche Bank appoints former Prime Minister Giuliano Amato as Senior Advisor for Italy
Deutsche Bank has appointed former Italian Prime Minister Giuliano Amato as a senior advisor in Italy, with immediate effect.  In this newly created role, Mr Amato will support Deutsche Bank in Europe, primarily Italy, focusing on relevant political and macro economic scenarios, monitoring governmental interventions and regulations, and supporting actual and potential key clients ... [more]
February 4, 2010
Deutsche Bank reports net income of EUR 5.0 billion for the year 2009
Deutsche Bank (XETRA: DBKGn.DE / NYSE : DB) today reported unaudited figures for the fourth quarter and the full year 2009. For the year 2009, net income was EUR 5.0 billion, versus a net loss of EUR 3.9 billion for the year 2008. Income before income taxes was EUR 5.2 billion, versus a loss before income taxes of EUR 5.7 billion in 2008. Diluted earnings per share were EUR 7.59, versus negative EUR 7.61 in 2008 ... [more]
February 3, 2010
Deutsche Bank appointed as depositary bank for the Level I American Depositary Receipt program of Daiwa Securities Group Inc.
Deutsche Bank today announced its appointment as depositary bank for the Level I American Depositary Receipt (ADR) program of Daiwa Securities Group Inc. Daiwa Securities Group Inc. (the "Group) is a comprehensive financial services company with securities-related operations as a foundation ... [more]
February 2, 2010
Deutsche Bank outlines "Mittelstandsfonds für Deutschland"
Deutsche Bank has today outlined details of the "Mittelstandsfonds for Deutschland". Small and medium-sized companies can obtain equity capital at favourable conditions from the fund in the form of participatory rights. The fund provides an important contribution to enhancing the equity capital funding of Germany's mid-caps ... [more]
February 2, 2010
Deutsche Bank & the University of Chicago Booth School of Business form multi-year academic partnership
Deutsche Bank and the University of Chicago Booth School of Business today announced a multi-year academic partnership designed to support and expand education related to risk management and financial regulation. As part of the relationship, Deutsche Bank will fund the creation of a new speakers series for ... [more]
February 2, 2010
Deutsche Bank adds two equity sales traders to Chicago office
Deutsche Bank Securities Inc. today announced two hires within its Global Markets division in Chicago. Chris O'Hea and Robert Garofolo have joined as Directors in the firm's Institutional Client Group, reporting to Greg Kiesel, Managing Director and Head of Chicago Equity Sales ... [more]
February 1, 2010
Deutsche Bank opens branch in Abu Dhabi
Deutsche Bank announced today the opening of its first branch in the United Arab Emirates' (UAE) capital, Abu Dhabi. The branch will be focused on servicing the Bank's corporate and institutional clients. The inauguration of the new Abu Dhabi branch was marked by the attendance of H.E. Sheikha Lubna Al Qasimi ... [more]
January 27, 2010
Deutsche Bank Bases New Core Banking System on SAP
Deutsche Bank and SAP today announced that the bank plans to start a multi-year initiative in 2010 to replace individual software solutions in its home market by a new core banking system based on SAP® for Banking solutions. A letter of intent has already been signed by the bank and SAP Deutschland AG & Co.KG. Financials have not been disclosed ... [more]
January 26, 2010
A Blue-Chip equity investment tool for uncertain equity markets
Deutsche Bank has launched a new UCITS III compliant equity fund which aims to reduce volatility and drawdowns compared with an equity benchmark by implementing an enhanced option strategy. In comparison to a long-only equity investment, the fund, called DB Platinum Option Overwriting Plus Fund, benefits from traditional call overwriting strategies, but also uses additional protection features on ... [more]
January 21, 2010
Deutsche Bank appointed as depositary bank for the American Depositary Receipt program of Asian Bamboo AG
Deutsche Bank today announced its appointment as depositary bank for the sponsored Level I American Depositary Receipt (ADR) program of Asian Bamboo AG (Asian Bamboo). Asian Bamboo, a leading company in the bamboo industry in China, owns the leasing rights to 27 bamboo plantations with a total plantation size of 31,279 ha ... [more]
January 20, 2010
dbFX gives five reasons why FX will continue to grow in popularity with retail investors in 2010
dbFX, the online margin foreign exchange (FX) trading platform of Deutsche Bank, saw customer numbers increase by almost 40 per cent in 2009, as retail traders continue to look to diversify their portfolios by investing in FX. dbFX believes this growth in the retail FX market will continue in 2010 for five key reasons ... [more]
January 20, 2010
Deutsche Bank makes strategic investment in Eurogiro
Deutsche Bank's Global Transaction Banking division today announced that it has strengthened its ties with Eurogiro, a leading global payments network and community.  Eurogiro is the second largest network for cross-border payments with a focus on connecting the world's postal organizations, post banks, banks and other financial institutions. Deutsche Bank will take an 8% equity stake in the company ... [more]
January 19, 2010
Deutsche Bank appointed Qualified Intermediary on Toyota Motor Credit Corporation Auto Lease like-kind exchange program
Deutsche Bank today announced it has been appointed as Qualified Intermediary (QI) on Toyota Motor Credit Corporation's like-kind exchange program. A like-kind exchange is also known as a 1031 exchange, referring to section 1031 in the Internal Revenue Code. A like-kind exchange is a way of deferring capital gains taxes by reinvesting proceeds from a sale into a like-kind asset ... [more]
January 19, 2010
Deutsche Bank prime brokerage sets new industry benchmark with SAS 70 certification
Deutsche Bank today announced that its London-based International prime brokerage platform has obtained a Type 1 SAS 70 certification. The certification was completed by PricewaterhouseCoopers (PwC) and provides an independent assessment of Deutsche Bank's internal processes and controls. The scope of the SAS 70 also incorporated Deutsche Bank's ... [more]
January 15, 2010
Deutsche Bank raises $4 million for Haiti relief efforts
Deutsche Bank announced its Global Markets Equity group has raised $4 million for Haiti disaster relief through its commitment to donate 100 percent of today's net US agency equity trading commissions to the cause. The initiative was announced this morning and attracted strong support from the Bank's clients. The funds raised will directly support immediate relief activities and long-term rebuilding efforts for the people of Haiti ... [more]
January 15, 2010
Deutsche Bank to donate US Equity Trading Commissions to Haiti
Deutsche Bank's Global Markets Equity group announced it will donate all of today's net agency equity trading commissions to the disaster relief efforts in Haiti. The funds raised will directly support immediate relief activities and long-term rebuilding efforts for the people of Haiti. In addition, Deutsche Bank is offering its US staff an expanded and expedited matching gifts program in recognition of the urgency and severity of the disaster ... [more]
January 13, 2010
Jose Marques joins Deutsche Bank as Head of Equity Electronic
Deutsche Bank Securities Inc. today announced that Jose Marques has joined as a Managing Director and Head of Equity Electronic Trading within the firm's Global Markets division. Marques is based in New York and reports to Robert Karofsky, Co-Head of Global Markets Equity, and Kerim Derhalli, Global Head of Equity Trading ... [more]
January 13, 2010
Deutsche Bank enhances tender and exchange administration services for debt and equity restructurings
Deutsche Bank's Trust & Securities Services, part of the Bank's Global Transaction Banking division, has enhanced its current tender and exchange agency services to support all restructuring and merger & acquisition transactions. The enhanced capabilities provide further efficiencies in debt, equity and cash  transactions ... [more]
January 11, 2010
Deutsche Bank delivers its 2010 China investment strategy at DB Access China Conference
Deutsche Bank today outlined its 2010 China economic and market outlook at the Bank's 8th annual DB Access China Conference in Beijing. The forum, held 11-14 January and attended by 1,000 investors, is one of the largest investor conferences in China. The keynote presentation was delivered by Dr. Jun Ma, Deutsche Bank's Chief Economist for Greater China ... [more]
January 11, 2010
Deutsche Bank launches Saudi Talent Pool Initiative
Deutsche Bank announced today the launch of its Saudi Talent Pool Initiative, aimed at attracting highly qualified Saudi nationals through a two year training program at the Bank. Fresh graduates of finance, information technology and business administration with outstanding performance will be offered a paid traineeship that will allow them to ... [more]
January 5, 2010
Deutsche Bank appointed as successor depositary bank for the NYSE-listed American Depositary Receipt program of China Life Insurance Company Limited
Deutsche Bank today announced its appointment as successor depositary bank for the New York Stock Exchange-listed sponsored Level III American Depositary Receipt (ADR) program of China Life Insurance Company Limited (China Life). China Life is a China-based life insurance company ... [more]


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