June 29, 2005

Deutsche Bank expands Retail Structuring team with the addition of two product specialists

Deutsche Bank Securities Inc. today announced that Christopher Yeagley has joined as a Director and Head of Retail Structuring within the Global Markets division. In addition, Scott Milner has joined as a Vice President in Retail Structuring. Both Yeagley and Milner are based in New York and responsible for creating structured products for retail clients throughout the Americas. They report to Tim Dowling, Head of North American Structuring.

"Deutsche Bank is a global leader in the creation of value-added structured products for retail clients and there is an opportunity in the Americas to build local infrastructure and distribution capabilities to leverage this world class franchise", said Dowling.  "Chris and Scott's experience, talent and insight will complement the existing strengths of our structuring team, and we are certain this will help us meet our goals."

Prior to joining the firm, Yeagley spent eight years at Merrill Lynch, where he was a Director in Structured Products Origination. He holds an MBA from Columbia Business School and a BA from Vanderbilt University.

Milner joins from ABN Amro where he was an Assistant Vice President in Global Equity Derivatives. He holds a BS from Boston University.


For further information, please call:

Michele Agostinho 001-212-250-4864
Media Relations


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With Euro 901 billion in assets and 64,500 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 Co ntinental Europe.

Deutsche Bank Securities Inc. is the investment banking and securities arm of Deutsche Bank AG in the United States.