April 22, 2005

Michael Henriques joins Deutsche Bank`s Special Situations Group from Goldman Sachs

Deutsche Bank Securities Inc. today announced that Michael Henriques has joined the firm's Special Situations Group (SSG) as a Managing Director responsible for the origination, structuring and risk management of principal finance opportunities. He is based in New York and reports to Erik Falk, Head of SSG, within the firm's Securitized Products Group (SPG). Henriques joins from Goldman Sachs where he spent over 12 years in the Structured Products Group and was most recently Vice President and Co-Head of the Collateralized Debt Obligation Group.

"We are extremely pleased to have someone with Michael's expertise leading our principal finance effort. He has a proven track record in this industry and an outstanding ability to work with clients to help them develop valuable solutions to the issues they face," said Falk. "Michael and the rest of our team will build upon past success and further enhance the strength of our SPG platform."

"Michael brings with him strong transaction experience and client relationships which will further add to the success of this business," said Richard d'Albert, Co-Head of Securitized Products Group for Deutsche Bank.
In October, Deutsche Bank announced the launch of SSG, which specializes in principal transactions involving all types of consumer and commercial credit. The group targets assets and operating companies across a wide array of industries, including consumer and commercial finance, insurance and other companies with predictable cash flow.

Henriques holds a BA in Economics from Princeton University.


For further information, please call:

Michele Agostinho
Media Relations

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