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Press Releases 2010
Press Releases 2010
July 27, 2010
Deutsche Bank reports second quarter 2010 net income of EUR 1.2 billionDeutsche 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&ADeutsche 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 resultsDeutsche 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 CanadaDeutsche 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 coverageDeutsche 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 14, 2010
Deutsche Bank hires Medical Supplies and Devices analyst Kristen StewartDeutsche 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 EMEADeutsche 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 AmericaDeutsche 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 needsDeutsche 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 expands Global Foreign ExchangeDeutsche 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 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 29, 2010
Deutsche Bank expands China institutional sales teamDeutsche 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, BrusselsDeutsche 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 21, 2010
Deutsche Bank augments Asian equity sales coverage with five appointmentsDeutsche 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 fundDeutsche 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 TechnologyDeutsche 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 14, 2010
Deutsche Bank partners with Bader to launch creative awards in LebanonThe 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 9, 2010
Deutsche Bank announces Senior Regional Private Wealth Management appointmentDeutsche 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
Deutsche Bank Adds Saudi Arabia to its Custody NetworkDeutsche 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]
May 26, 2010
Deutsche Bank showing new art at ART HK 2010 in Hong KongThis 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
Deutsche Bank strengthens credit sales platformDeutsche 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 platformDeutsche 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 TradingDeutsche 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 PhilharmonikerDeutsche 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 AmericasDeutsche 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 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 teamDeutsche 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 28, 2010
Deutsche Bank hires Richard Newman as Prime Finance Risk ManagerDeutsche 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 ChinaDeutsche 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 billionDeutsche 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 TradingDeutsche 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
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 15, 2010
Deutsche Bank hires European Head of Rates SalesDeutsche 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, AsiaDeutsche 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 12, 2010
Deutsche Bank strengthens Latin America sales and trading in New YorkDeutsche 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 9, 2010
Adam Boyton succeeds Tony Meer as Chief Economist of Deutsche Bank in AustraliaWith 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 7, 2010
Doug Kline joins Deutsche Bank as Head of Hedge Fund ConsultingDeutsche 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
Deutsche Shipping repeats strong performanceDeutsche 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 6, 2010
Frederick Searby joins Deutsche Bank as Latin America Equity StrategistDeutsche 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 1, 2010
Deutsche Bank completes acquisition of parts of ABN AMRODeutsche 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 AutobahnDeutsche 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 AmericaLinda 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 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 announces participation at EXPO 2010 ShanghaiDeutsche 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 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 algorithmDeutsche 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 SurveyDeutsche 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 GroupDeutsche 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 DCMDeutsche 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 TEFAFOnce 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 8, 2010
Deutsche Bank Research steps up industrials coverage with airlines hireDeutsche 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 launches Exchange Traded Commodities ("ETC") platformDeutsche 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
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 ResearchDeutsche 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 1, 2010
Deutsche Bank creates dedicated Foreign Exchange sales team in Nordic regionDeutsche 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]
February 23, 2010
Wangechi Mutu named Deutsche Bank's 2010 artist of the yearToday 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 9, 2010
Tim Hooper to lead Deutsche Bank's Southeast US Cash Equity SalesDeutsche 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 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 2009Deutsche 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 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 adds two equity sales traders to Chicago officeDeutsche 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 DhabiDeutsche 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 SAPDeutsche 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 20, 2010
Deutsche Bank makes strategic investment in EurogiroDeutsche 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 15, 2010
Deutsche Bank raises $4 million for Haiti relief effortsDeutsche 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 ElectronicDeutsche 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 11, 2010
Deutsche Bank launches Saudi Talent Pool InitiativeDeutsche 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]
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