Deutsche Bank Global Banking Division appoints Global Co-Heads of M&A
Deutsche Bank today announced the appointments of Tony Burgess and James Stynes as Global Co-Heads of M&A. Burgess and Stynes will jointly coordinate and deliver Deutsche Bank’s global M&A platform to clients. The new roles become effective immediately. Both will continue to report to Michael Cohrs, Global Head of Global Banking.
Tony Burgess has 25 years of experience as an M&A adviser to major corporations across a broad range of sectors and geographies. Burgess has been Head of M&A, Europe since October 2004. Prior to this he was Co-Head of Global Corporate Finance, Australia and New Zealand, where he was instrumental in building a successful Deutsche Bank M&A franchise. Previously he was Head of Corporate Finance at EL & C Baillieu Limited, and Joint Head of Corporate Finance at Potter Warburg in Australia.
James Stynes joined Deutsche Bank at the end of 2003 and has been Head of M&A, Americas since September 2004. Prior to that he was a Managing Director at Morgan Stanley covering M&A, where he spent 25 years working on over 100 successfully completed transactions. Stynes is credited with building Deutsche Bank’s Americas M&A practice into a leading platform, successfully increasing market share from 2004 - 2006.
Michael Cohrs, Global Head of Global Banking at Deutsche Bank, said, “Clients today are looking across borders to make key strategic M&A decisions and need a global view and expertise to enable them to make informed decisions. Deutsche Bank is uniquely qualified to assist our clients given our global presence. By coordinating our management structure on a global basis we are ensuring that our clients benefit from our world-class M&A platform.”
Based in London, Henrik Aslaksen and Stephan Leithner are taking up new roles as Co-Heads of M&A, Europe. Jean Manas will take the role of Head of M&A, Americas, based in New York.
For further information, please call:
Elaine Bartleet +44 (0) 207 545 4907
Press and Media Relations, UK
Ted Meyer +1(212) 250 7253
Press and Media Relations, Americas
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 Euro 1,128 billion in assets and 68,849 employees in 73 countries, Deutsche Bank offers unparalleled financial services throughout the world. The 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, NASD and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.
Notes to Editors:
2006 was one of the most active M&A years ever, and Deutsche Bank was at the heart of it all. Last year the bank came out on top of the M&A league tables in the UK, Germany and Russia. Deutsche Bank was Number 1 in the UK by Thomson’s volume league tables and number 1 in Germany and Russia by Dealogic’s fee league tables. It advised on three of the five largest defence transactions in 2006 (Endesa/E.On, Arcelor/Mittal and Scania/MAN) and advised on three of the five largest transatlantic deals (Falconbridge/ Xstrata, National Grid/KeySpan, VNU/Valcon Acquisitions). In the UK, Deutsche Bank’s deals included ABP/Admiral acquisition (US$6.1bn), Linde/BOC (US$15.6bn), Thames Water/Kemble Water (US$12bn). In the US, Deutsche Bank’s deals included the LBO of Michael’s Stores ($6bn) and the pending LBOs of Harrah’s ($28bn), Univision ($13.7bn) and Clear Channel ($27bn).
In 2007 Deutsche Bank has already been involved in a number of key deals including leading advisor to Tata in its successful £6.2 billion acquisition of Corus and advising on the $39bn public to private of Equity Office Properties, as well as the subsequent sale of eight New York properties from the EOP portfolio to Macklowe Properties for $7 billion.