June 21, 2007

Deutsche Bank hires Tom Hartnett as Head of Core Rates Trading

Deutsche Bank Securities Inc. today announced that Tom Hartnett will join the Bank as a Managing Director and Head of Core Rates Trading within its Global Rates business. He will oversee swaps, core options, government and agency bond trading.  Hartnett will be based in New York and report to Jon Kinol, Managing Director and Head of Global Rates in North America.

Hartnett rejoins the Bank from Lehman Brothers where he was a Managing Director and Head of Swaps Trading in New York. Hartnett began his professional career at Deutsche Bank before joining Lehman in 2005.

“Tom brings a wealth of experience and client relationships to our US flow trading business,” said Kinol. “His strong trading and technological background will benefit both our client-facing and automated businesses and underscores our long-term commitment to being the top provider of interest rate products to clients in the US.”

Hartnett earned a BS in Engineering from Swarthmore College and an MBA from Columbia Business School in Finance & International Business.

For further information, please call:

Michele Allison   +1-212-250-4864
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 73,114 employees in 75 countries, 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 Securities Inc., member NYSE, NASD and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.