Deutsche Bank’s Global Transaction Banking division today announced the opening of a regional corporate trust office in Boston. This is the latest step in the Bank’s continuing regional expansion of its corporate trust business, one of the largest such businesses in the U.S. The Boston office, located at Two International Place, will focus particularly on the public finance trustee market, providing local account management and administration services for clients in the New England states.
Deutsche Bank also announced that Timothy Donmoyer, a 23-year veteran of the corporate trust business, has joined the Boston office as Vice President responsible for client relationship management and business development. Donmoyer joined from US Bank, where he was responsible for business development. He reports to Scott Thiel, Head of Public Finance Trust Services, based in New York.
“Growing the public finance segment of our corporate trust business by adding regional offices demonstrates our commitment to this market,” said Howard Topf, Managing Director and Head of Global Debt Services within Global Transaction Banking’s Trust & Securities Services business. “As part of that process, we have selectively hired a number of leading industry professionals. Tim Donmoyer’s wealth of industry knowledge will help ensure that our clients in the New England states benefit from local expertise and our commitment to exceptional customer service.”
Deutsche Bank also has specialist regional corporate trust offices in Charlotte, NC; New York, NY; Chicago, IL; Olive Branch, MS; Los Angeles, CA; and San Francisco, CA.
For further information, please call:
Ted Meyer +1 212 250 7253
About Deutsche Bank
Deutsche Bank <NYSE: DB> is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With Euro 1,097 billion in assets and 67,474 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
Deutsche Bank’s Trust & Securities Services business, part of Global Transaction Banking, is one of the leading providers of trustee, agent, depositary, registrar, SPV management and related services for a wide range of debt financings including bonds, medium term note and commercial paper programs, asset backed and mortgage backed securities, collateralized debt obligations, project financings, escrows and syndicated loans. It is also one of the leading depositaries for American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), and, through a fully integrated network of specialist offices worldwide, provides domestic custody services in 28 securities markets.
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