July 19, 2006

Deutsche Bank hires three client advisors in New York

Deutsche Bank Alex. Brown, the US Private Client Services (PCS) division of Deutsche Bank Securities Inc. and Deutsche Bank Private Wealth Management, today announced the appointments of Gus Demopoulos, Michael Jarmolowich and Michael Fontaine as client advisors in the firm's New York office.  They are responsible for advising high-net-worth individuals and families, family offices and select institutions in the US.  All three report to G. Haig Ariyan, Managing Director and New York Regional Executive.

Demopoulos joins the firm as a Managing Director.  He has 15 years of experience in the financial services industry and was most recently a Director in the Private Client Services division of Credit Suisse.  Prior to that, he was Managing Director, Institutional Sales at Leerink Swann & Co.  Demopoulos earned a BS from Villanova University and an MBA from the William E. Simon School of Business at the University of Rochester.

Jarmolowich joins as a Director in the New York Office.  He was most recently a Vice President at Credit Suisse Private Client Services.  He previously worked at Lehman Brothers' Private Client Services.  Jarmolowich earned a BA from the University of Maryland and an MBA, from Fairleigh Dickinson University.  Fontaine joins the firm as a Vice President from Credit Suisse Private Client Services.  He earned a BS from Furman University and an MBA from Southern Methodist University.

"These hires demonstrate Deutsche Bank Alex. Brown's continued ability to draw top industry talent," said John Dudzik, Managing Director and Head of US Private Client Services.  "We are confident that these individuals will enhance our franchise and world-class sales force as we strive to further penetrate the high-net-worth and smaller institutions market in the US."

"We continue to build our New York office by hiring the finest investment professionals," said Ariyan.  "We are committed to providing our clients with highly personalized wealth management solutions, superior service and investment strategies."


For further information, please call:

Rohini Pragasam        212-250-4516
Media Relations

Mayura Hooper           212-250-5536
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 Euro 1,035 billion in assets and 64,103 employees, Deutsche Bank offers unparalleled financial services in 73 countries 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 Alex. Brown is the private client services division of Deutsche Bank Securities Inc., the investment banking and securities arm of Deutsche Bank AG in the United States and a member of NYSE, NASD and SIPC.  Deutsche Bank Alex. Brown, which is also part of Deutsche Bank's Private Wealth Management business division, provides a variety of customized solutions to private clients in the US, including traditional and alternative investments, brokerage, investment advisory programs, risk management strategies, lending, corporate cash management and wealth management services through branch offices in 14 cities across the US.