July 21, 2009

Deutsche Bank broadens company research coverage of energy sector

Jonathan Arnold will join from Bank of America Merrill Lynch to cover Utility Sector

Deutsche Bank Securities Inc. today announced that Jonathan Arnold will join as a Managing Director and senior equity research analyst in Company Research within the Global Markets division. Arnold will be based in New York and report to Steve Pollard, Managing Director and Americas Head of Research.

Arnold will join Deutsche Bank from Bank of America Merrill Lynch, where he was a Managing Director covering electric utilities in equity research. He has spent the past fourteen years as an equity research analyst covering utility stocks. Before joining Merrill Lynch in 1999, Arnold was a Senior Vice President and co-head of Latin America equity research at Santander Investment Securities, and prior to that was a Vice President in equity research at JP Morgan Securities. Arnold earned a B.A. from Cambridge University.

“We are pleased to add Jonathan to our Energy team to cover Utilities,” said Pollard. “We are confident that his extensive experience covering this important sector will enhance our current suite of Energy company research, which includes Oil and Gas Exploration and Production, Oil, Gas and Consumable Fuels, Oil Services and Equipment, Integrated Oils and Refineries, and Gas Utility companies.” 

For further information, please call:

Renee Calabro
+1 212-250-5525
Media Relations

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 80,277 employees in 72 countries, 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 Securities Inc., member NYSE, FINRA and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.