November 1, 2007

Deutsche Bank Private Wealth Management names Bill Svoboda as Regional Executive for San Francisco and Pacific Northwest

Deutsche Bank Alex. Brown, the US Private Client Services (PCS) division of Deutsche Bank Securities Inc. and Deutsche Bank Private Wealth Management, today announced that Bill Svoboda has joined the San Francisco office as a Managing Director and Regional Executive for PCS. He reports to Michael Burke, Managing Director and Head of US Private Client Services.

Svoboda will be responsible for the oversight and expansion of the sales force in San Francisco and the Pacific Northwest and for developing and cultivating relationships with high net worth individuals and families in the region.  

Svoboda has more than 30 years of financial services experience and joins the firm from Morgan Stanley, where he held various positions, including most recently as a District Manager for the Central California District in the Bay area. In that role, he oversaw more than 320 Financial Advisors in 18 offices.

“We are extremely pleased to add such a seasoned professional to our team as we continue to expand our PCS footprint in the region,” said Thomas Bowers, Head of the US Private Wealth Management Division. “Bill’s expertise and proven track record will help us build on our success and strengthen our ability to provide clients with superior services and investment solutions.”

"I believe Bill is one of the top managers in the industry," said Burke. “We are excited about the opportunities that exist for our Private Client Services business in San Francisco and the entire Pacific Northwest and have great confidence that, under Bill’s leadership, we will continue to grow the business.”

Svoboda earned a BS in Industrial Engineering from the University of Illinois and a JD from Golden Gate University.

For further information, please call:

Mayura Hooper     +1 212-250-5536
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 77,920 employees in 75 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 Alex Brown

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.