February 4, 2009

Deutsche Bank and Free Arts NYC ring The Opening Bell at the NYSE to celebrate Deutsche Bank's annual Share our Strength campaign

Deutsche Bank and Free Arts NYC rang The Opening BellSM at the New York Stock Exchange (NYSE) this morning to announce their partnership in the Bank’s annual Share our Strength campaign. Share Our Strength is a Deutsche Bank Americas tradition that contributes funds and employee volunteerism to a charitable project of lasting value for the local community.

As this year’s Share Our Strength partner Free Arts NYC will receive a donation of $100,000 from Deutsche Bank and the Deutsche Bank Americas Foundation to support creative arts programs for low-income, homeless, abused and neglected children. The organization also will benefit from a year-long employee volunteer effort as well as an enhanced Deutsche Bank employee matching-gifts program. Free Arts NYC is a non-profit organization dedicated to providing at-risk children with a unique combination of educational arts and mentoring programs that help them to foster self-confidence and resiliency.

For the first time, Deutsche Bank this year selected its charitable partner through a new online, multimedia process which enabled employees to nominate not-for-profit organizations for which they volunteer. A group of more than 70 nominees was narrowed down to four finalists, each of which worked with its Deutsche Bank employee partner to produce a multimedia presentation about its mission. After thousands of votes were tallied, Free Arts NYC was selected as the Bank’s Share Our Strength partner.

“We are delighted to partner with Free Arts NYC, which shares our passion for making a difference in the lives of children,” said Seth Waugh, CEO of Deutsche Bank Americas and Chairman of the Deutsche Bank Americas Foundation. “Deutsche Bank is committed to being a good corporate citizen in the communities where we live and work, so we are delighted to support a worthy organization like Free Arts NYC, which really captured the support of our staff.”

“Free Arts is honored to be chosen to be part of this campaign and partner with Deutsche Bank,” said Liz Hopfan, founder and executive director of Free Arts NYC. “As an arts mentoring organization, Deutsche Bank’s support financially and through volunteerism will be important to keep these programs going.”

PHOTO CAPTION:  Christine Sandler, Senior Vice President of North American Sales for NYSE Euronext, and representatives from Deutsche Bank and Free Arts NYC look on as Gary Beyer, a Managing Director in the Institutional Client Group at Deutsche Bank, and Liz Hopnan, Executive Director of Free Arts NYC, ring the Opening BellSM at the NYSE.

For further information, please call:

Sigalit Zawalunow   +1 212-250-6952
Ted Meyer                +1 212-250-7253
Media Relations, Deutsche Bank

Liz Hopfan                +1 212-974-9092
Free Arts NYC

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 81,308 employees in 75 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

The Deutsche Bank Americas Foundation administers the philanthropic activities of Deutsche Bank within the United States, Latin America and Canada. Together, the Bank's Community Development Group and Foundation carry out the firm's corporate citizenship commitments through a program of loans, investments and grants. Based in New York City, the Foundation supports non-profit organizations that concentrate on community development, education, and the arts.  

About Free Arts NYC

Founded in 1997, Free Arts NYC provides poor, homeless, abused and neglected children with a unique combination of educational arts and mentoring programs that help them to foster self-confidence and resiliency. To date, more than 24,000 children have been helped by Free Arts NYC in schools and social service agencies across New York City. Free Arts NYC is now one of four affiliated Free Arts organizations, including the original program in Los Angeles, that operate independently. Additional information can be found at http://www.freeartsnyc.org/.

Download Press ReleasePhoto: Deutsche Bank and Free Arts NYC ring The Opening Bell