September 3, 2008

Deutsche Bank appoints European head of financial institution capital origination

Deutsche Bank has appointed Tiina Lee as European head of financial institution capital origination, a newly created position that will span capital origination across both DCM and ECM for financial institutions.

This new position has been created as a result of the challenges financial institutions face in current market conditions, and the clear need for consistent advice on all capital raising requirements.

Ivor Dunbar, co head of global capital markets at Deutsche Bank commented, “We have created a capital markets business that closely aligns the equity and debt parts of the business and provides a full suite of additional products and services. Tiina’s appointment takes this to the next level in terms of delivering best advice to our clients when assessing their capital requirements.”

Tiina will report jointly to Miles Millard and Sam Dean, head of European DCM and ECM respectively.

Tiina was previously head of the DCM financial Institutions group in northern Europe, a position she held since 2001. She was previously head of EMTN trading and joined Deutsche Bank in 1997 from Lehman Brothers.

For further information, please call:

Deutsche Bank

Michelle Gathercole                         
+ 44 (0) 20 7545 4249
Press and media relations

Oonagh Baerveldt                       
+44(0) 20 7547 1605
Press and media relations        

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 80,253 employees in 75 countries, Deutsche Bank offers unparalleled financial services 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.