Frankfurt / Hamburg / London, May 25, 2010

Deutsche Bank further strengthens Deutsche Shipping platform


Simon Booth to join as a Managing Director in London

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.

Booth has more than 20 years’ experience in shipping finance, having most recently served as a regional head of Citigroup’s Shipping, Offshore and Ports corporate banking business in the EMEA region. He joined Citigroup’s shipping corporate finance division as a Relationship Manager in 1987.

“Simon brings a wealth of expertise to the Deutsche Shipping platform, and we’re excited to have him partner with Ralf as we continue to invest in and grow this business,” said Stefanick. “Deutsche Bank has provided exceptional client service in the shipping industry for more than one hundred years, and we’re confident that Simon’s appointment will further enhance our corporate and investment banking efforts in what continues to be a critical component of the global economy.”

Booth earned an MA in Engineering from the University of Cambridge.

As an integral part of Deutsche Bank Group, Deutsche Shipping is well-positioned to offer its clients sustainable and practical financing solutions in the international capital markets.  For the shipping industry, diversification of financing sources will remain a desirable strategy going forward, and while challenges in the shipping market persist, Deutsche Shipping continues to focus on its long-standing client relationships, consistent risk management and a continuously diversified business portfolio.


For further information, please call:

Deutsche Bank AG    

Oonagh Baerveldt   
Phone: + 44 207 547 1605
oonagh.baerveldt@db.com 

Armin Niedermeier
Phone: +49 69 910 33402
armin.niedermeier@db.com

John T. Gallagher   
Phone: + (212) 250-4516
john-t.gallagher@db.com


About Deutsche Bank

Deutsche Bank 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 80,849 employees in 72 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank Securities Inc., member NYSE, FINRA and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.

http://www.db.com/




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