June 7, 2005

Ian Burdette joins Deutsche Bank agency trading from Goldman Sachs

Deutsche Bank Securities Inc. announced today that Ian Burdette has joined the firm's Rates Group within the Global Markets Division. Burdette is a Director and responsible for callable agency trading and syndication. He is based in New York and reports to Peter Antico, Head of Options Trading, North America.

"Ian is highly respected in the industry for his broad agency experience, long-standing client relationships and ability to generate innovative trade ideas," said Jon Kinol, Head of Rates, North America. "He is a significant addition to our team and will help further leverage our leading options trading capabilities to callable agency issuers and investors."

Burdette joins the firm from Goldman Sachs where he was a Vice President and responsible for trading and syndication of agency bullets and callables. Prior to that, he was a Commercial Paper Trader at Lehman Brothers. He holds a BA from Towson State University and a MS from the University of Baltimore.


For further information, please call:

Michele Agostinho
Media Relations

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With Euro 901 billion in assets and 64,500 employees, Deutsche Bank offers unparalleled financial services in 74 countries throughout the world. 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 ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private and business banking franchise in Germany and other selected countries in Continental Europe. Deutsche Bank Securities Inc. is the investment banking and securities arm of Deutsche Bank AG in the United States.