April 15, 2010

Deutsche Bank hires European Head of Rates Sales

Deutsche Bank has appointed David Martins da Silva as European Head of Rates Sales. He joins the bank from BNP Paribas where he was head of UK and Dutch Rates Sales.

Martins da Silva will be based in London and will start in July. He will report to Haroon Sana, Global Head of Rates Sales and Dario Schiraldi, European Head of Institutional Sales.

Commenting on the appointment, Haroon Sana said: “We have a world leading Rates business and David’s appointment adds to our already strong European team. He has excellent client relationships and extensive European experience which will fit well with the existing client business.”

Deutsche Bank's Global Rates business is a market leader in fixed income and OTC derivative products and services and continues to strengthen the team with recent hires including Dominic Konstam as Global Head of Rates Research and Michael Durr as Global Head of Central Bank Sales within Rates. The bank recently won IFR’s Derivatives House and Interest Rate Derivatives House of the Year 2009 awards and was also named World’s Best Prime Broker by hedge funds in the July 2009 Prime Brokerage Survey by Global Custodian, ranking best in class in 127 of the 150 categories.

For further information, please call:

Deutsche Bank AG                                

Michelle Gathercole                        
Phone: +44 (0) 20 7545 4249        
E-Mail: michelle.gathercole@db.com        

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 77,053 employees in 72 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.