July 21, 2008

Deutsche Bank further expands FX Trading in New York

Deutsche Bank Securities Inc. today announced that Brian McConville has joined as a Director and Foreign Exchange Forwards Trader within the Global Markets division’s Foreign Exchange business. In this role, McConville trades Euro currency forwards and Scandinavian. He is based in New York and reports to Maura Craven, Head of Forwards Trading in New York.

McConville rejoined Deutsche Bank from HSBC where he was a senior vice president on the foreign exchange forwards trading desk. Prior to HSBC, he was a director in the proprietary trading group at Bank of America. Before working at HSBC, McConville spent 13 years at Deutsche Bank and Bankers Trust in a number of foreign exchange forward trading roles.

“Brian’s extensive experience and success in foreign exchange forwards trading will be an asset to our award winning team in North America,” said Russell LaScala, Head of Foreign Exchange Trading in North America.  

In May Deutsche Bank announced the hires of Greg Fiori, Jeff Wischhover, Chris Lutton and Angela Lockhart Raitzin as Directors in Foreign Exchange Sales and Trading in North America.

The firm has recently been named Best FX House - North America by Euromoney in the 2008 Awards for Excellence issue. This award follows a #1 ranking in Euromoney’s annual FX poll, announced earlier this year.

For further information, please call:

Renee Calabro       
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 78,275 employees in 76 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.