London, April 12, 2012

Deutsche Bank Private Wealth Management expands UK Ultra High Net Worth team with two senior appointments


Deutsche Bank Private Wealth Management (PWM) announced today that it is expanding its UK ultra high net worth (UHNW) team with the appointment of two new relationship managers. Steve Whiting, Managing Director, and Oliver Peck, Director, will manage a number of UHNW relationships and focus on further developing PWM’s lending services.

Whiting joins from HSBC Private Bank, where he was a Managing Director and Head of the UHNW Onshore business. Peck also joins from HSBC Private Bank, where he was an Associate Director within the UHNW Onshore business. Whiting and Peck will be based in London and will report to Chris Hocking, Head of the London UHNW team.

Tom Slocock, CEO of Deutsche Bank PWM UK, said: "London remains an important focus for PWM UK's growth strategy. I am delighted to welcome Steve and Oliver as we continue to strengthen the UK team.”

Juliet Wedderburn, Head of Deutsche Bank PWM London, said: “Steve and Oliver together bring more than 25 years of Private Banking experience to the team. Their appointments underline our solid commitment to addressing the complex needs of our wealthiest clients.”

Deutsche Bank PWM UK serves high net worth individuals and their families, financial intermediaries and select institutions. With offices in Birmingham, Edinburgh, Glasgow, London and Liverpool, it enables clients to access a global network of investment experts and bespoke lending solutions. Deutsche Bank PWM operates in more than 109 locations worldwide, advising clients in relation to more than €269 billion in assets under management.


For further information, please call:

Deutsche Bank AG                
Press & Media Relations

Alison Taylor                        
Phone: +44 (0) 20 7545 7790
E-Mail: alison.taylor@db.com



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