July 19, 2006

Craig Perlman to lead Deutsche Bank Prime Brokerage Client Service in the United States

Deutsche Bank Securities Inc. today announced that Craig Perlman has joined as a Managing Director and US Head of Client Service for Prime Brokerage within the Global Markets division. He will be based in New York, reporting to Christopher J. Caruso, Managing Director and Head of Prime Brokerage in North America.

Perlman joins Deutsche Bank from UBS where he was most recently Chief Operating Officer of their Prime Brokerage business.  Prior to holding this position, he was the Chief Operating Officer and Managing Director and co-head of Equity Finance at ABN Amro, whose prime brokerage business was sold to UBS in 2003. Previously, he was a Managing Director at ING Barings and Furman Selz.

"Craig's unique perspective and proven leadership experience in the prime brokerage industry make him ideally suited for this position, and we are extremely pleased to have him join our team," said Caruso. "As we continue to evolve our prime brokerage business to meet the increasingly sophisticated needs of hedge fund clients, it is imperative that we continue to strengthen the management team that is leading this effort."

Perlman earned a Bachelor of Science in Accounting from the University of Maryland and is a Certified Public Accountant.


For further information, please call:

Renee Calabro    +1 212-250-5525
Media Relations


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 Euro 1,035 billion in assets and 64,103 employees, Deutsche Bank offers unparalleled financial services in 73 countries 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 Securities Inc., member NYSE, NASD and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.