August 30, 2005

Deutsche Bank appoints Head of Germany, Austria, Switzerland in Global Banking Financial Institutions Group

Deutsche Bank today announced the appointment of Wolfgang Hammes as Managing Director and Head of Financial Institutions Group (FIG) for Germany, Austria and Switzerland in Global Banking, reporting to Jorge Calderon, Global Head of FIG. Hammes will have responsibility for the banking coverage effort in German speaking countries and will work in close partnership with Ralf Buschmann, Head of FIG Debt Capital Markets in Germany.
Hammes joins from Merrill Lynch, where he has spent the last five years, most recently as Managing Director and Head of FIG for Germany, Austria and Switzerland. Hammes was previously a partner at McKinsey where he had spent seven years, both in Germany and in the US. As part of their Financial Services division, he co-led their Risk Management practice and led their Global Risk 2000 project.  
During his time at Merrill Lynch, Hammes worked on a number of major transactions, including capital markets and strategic advisory roles for Allianz, HVB and Swiss Re.
"This is an important strategic hire for Deutsche Bank and we are really excited to have Wolfgang join us. He is a first class FIG practitioner with a wealth of experience in originating and leading the execution of major transactions", said Jorge Calderon, Global Head of FIG.
"Deutsche Bank has the highest level of commitment to Financial Institutions Group, a business that allows us to fully combine and maximise our expertise in both Global Banking and Global Markets. By hiring such a strong head in Germany we are able to further enhance our positioning in this sector." 


For further information, please call:
Deutsche Bank
Press & Media Relations
Joanna McCulloch  (+44 20) 7545 6941


About Deutsche Bank
With Euro 964 billion in assets and 63,652 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.