May 25, 2010

Bob Keller to join Deutsche Bank as a Managing Director in Global Credit Trading in New York

Deutsche Bank today announced that Bob Keller will join as a Managing Director in Global Credit Trading within the Bank’s Global Markets division. In his role, Keller will trade cash and credit default swaps (CDS), and report to Masaya Okoshi, Managing Director and Head of Investment Grade Credit Trading in the Americas. Keller will be based in New York.

Keller will join from Jefferies & Company, Inc. where he spent a year as a senior vice president in investment grade cash trading. Prior to Jefferies, Keller spent nine years at Merrill Lynch, most recently as a director in investment grade trading.

“We are delighted to welcome Bob to our team, and confident he will meet the high standards our clients have come to expect from us,” said Ray Costa, Managing Director and Co-Head of Flow Credit Trading in North America. “It is especially important to have a deep bench of seasoned traders to guide clients though challenging markets.”

“The addition of Bob underscores our commitment to the cash side of our credit trading business, as well as recent steps we have taken to accommodate a prolonged surge in client demand,” said Nick Pappas, Managing Director and Co-Head of Flow Credit Trading in North America.

The Bank recently announced the hires of Casey Talbot as Head of High Grade Credit Sales and Co-Head of Credit Sales, as well five senior hires in credit sales and trading.

For further information, please call:

Deutsche Bank AG                                

Renee Calabro                                
Phone: + 1 (212) 250-5525

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.