February 25, 2005

Deutsche Bank appoints Richard Hurst as Director, Asia Equities Trading, in Singapore

Deutsche Bank today announced the appointment of Richard Hurst as a Director of Asian Equities Trading, to be based in Singapore.  Hurst, who took up the position on 14 February, is currently working from Hong Kong and will relocate to Singapore in the first quarter of 2005. He reports to Warren Primhak, Managing Director, Head of Equities Cash Trading Asia Pacific (ex-Japan), who is based in Hong Kong.

Prior to joining Deutsche Bank, Hurst was Senior Asia Cash Trading Director for Merrill Lynch (Asia Pacific) Limited, Hong Kong. He was then responsible for running the global book and covering all Asian markets.

In announcing Hurst's appointment, Warren Primhak said: "We have experienced exponential growth in our Equities business in Asia and believe that this trend will continue in the future.  Richard brings considerable experience in cash trading and overall management for his role as a Director of Asia Equities Trading. His appointment will increase our capacity to broaden the breadth of our equity business in the region and quality service offerings to clients in Asia."


For further information contact:

Terence Ng
+65 6423 8217        


About Deutsche Bank:

With approximately euro 840 billion in assets and 65,400 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 and investment banking, securities, derivatives, transaction banking, asset management, and private wealth management, and has a significant private & business banking franchise in Germany and other selected countries in Continental Europe.  In Asia Pacific, Deutsche Bank has over 30 offices in 15 countries with more than 6,000 staff.