February 22, 2006

Deutsche Bank adds two senior Health Care Bankers in the Americas

Jennifer Fox and Bill Stitt join as Managing Directors in Biotech, Health Care Services

Deutsche Bank Securities Inc. today announced it will add two senior bankers to its Health Care Investment Banking practice. Jennifer Fox and Bill Stitt will join the firm as Managing Directors, specializing in the biotechnology and health care services sectors, respectively. They both will be based in New York and will report to Lee Stettner, Head of Health Care Investment Banking for the Americas.

Fox will join Deutsche Bank from Bear, Stearns & Co. where she was a Senior Managing Director in the health care investment banking group. Prior to that she worked for Banc of America Securities, and has more than 12 years of industry experience.

Stitt, who has over 20 years of experience in the banking and health care industries, will join from CIBC World Markets' health care investment banking group. Prior to that he worked at Credit Suisse First Boston in a similar role.

"We're very excited to add two well-known and widely respected bankers like Jennifer and Bill to our team," said Stettner. "With more than 30 years of combined experience, we believe they will help us to build on our successes and better serve our clients across the sector."

"Health care is one of the most dynamic and multi-faceted industries in the Americas," said James DeNaut, Co-Head of Corporate Finance Coverage for the Americas. "The investment we've made in our Health Care group over the past two years clearly demonstrates our commitment to being a premier health care investment banking franchise."

Fox earned a BS degree in finance and marketing from Manhattan College. Stitt earned a BS degree in business administration and finance from the University of Illinois and an MBA from the University of Chicago.


For further information, please call:

Ted Meyer   212-250-7253
Media Relations, Deutsche Bank

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With Euro 993 billion in assets and 63,427 employees, Deutsche Bank <NYSE: DB> offers unparalleled financial services in 74 countries throughout the world. 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 ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private and business banking franchise in Germany and other selected countries in Continental Europe.

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