New York & London, June 8, 2006

Andy McDonnell appointed Global Head of Convertible Bond Trading at Deutsche Bank


Deutsche Bank today announced that Andy McDonnell has been appointed Global Head of Convertible Bond Trading within its Global Markets division. McDonnell is based in London and reports to Boaz Weinstein, Managing Director and Head of Global Credit Trading in the US and Europe.

"Our convertible bond trading platform has continued to gain market share, create innovative structures and profitably weather the most challenging of times for the asset class," said Weinstein. "We are having an excellent year and I am confident that Andy's extensive experience in the convertible bond market and stellar track record will further solidify our position in the industry."

McDonnell was most recently Head of European Convertible Bond Trading. He joined Deutsche Bank from CSFB in 1996 and has over 14 years experience in convertible bonds.

For further information, please call:

Michele Allison (212) 250-4864
Press and Media Relations

Stephanie Smart (44 20) 7545-2908
Press and Media Relations



Deutsche Bank

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