January 23, 2006

Deutsche Bank announces new Head of Securities Lending

Deutsche Bank today announced the appointment of Anthony Byrne as Head of Securities Lending within the bank's Global Markets division. Byrne will report to Jonathan Hitchon, Head of Global Markets Equity - Prime Services. Both are based in London.  

"The appointment reflects the rapid growth Deutsche Bank is experiencing in securities lending and in prime services generally," said Jonathan Hitchon.  "I am delighted to have someone with Anthony's broad set of skills and experience in the management team. He has an extensive background in prime services, and was extremely successful in developing our Asia Pacific Prime Services business. Anthony's appointment will complement our strong management team comprising Ben Sofoluwe, Jane Hammond, Lane Hocking, Paul Busby and Christopher Donald, and will help further expand our position as a leader in securities lending," said Hitchon.

From 1997 to 2003 Byrne worked at Deutsche Bank in Japan, including two years as Asia Pacific Regional Head of Global Prime Services. Between 2003 and 2005, Byrne was a managing partner at an Asia-focused multi-strategy hedge fund. Byrne has also held positions at National Westminster Bank Plc in Japan and Australia as well as KPMG in Australia.

In addition to his role as head of securities lending, Byrne will also be European Head of Prime Services reporting to Garth Ritchie, Head of Global Markets Equity - Europe. 

For further information, please call:

Deutsche Bank

Jo Pope   
(44 20) 7545 8226
Press and Media Relations

About Deutsche Bank

With Euro 972 billion in assets and 63,751 employees, Deutsche Bank 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.