May 26, 2010

Deutsche Bank opens new office in St. Petersburg

Almost 800 sq. m. of premises in business-center “Severnaya Stolitsa” are leased for Deutsche Bank Global Technology, Capital Markets (GT CM).

Deutsche Bank Russia announces opening of its second office in St. Petersburg. Almost 800 sq. m. of premises in business-center “Severnaya Stolitsa” are leased for Deutsche Bank Global Technology, Capital Markets (GT CM). The first stage of 500 sq. m. is by now in use, and the second stage of 300 sq. m. will be completed by September 2010. The total office space provides 95 workstations for GT CM employees. Deutsche Bank Global Technology, Capital Markets plans to expand further and to hire software developers into the new office in St. Petersburg this year to meet global development demands.

Deutsche Bank Global Technology, Capital Markets has been operating in Russia since 2000. The software developed in conjunction with GT CM is used by the Deutsche Bank Group companies including New York, Frankfurt, London, Tokyo, Singapore and Hong Kong. It provides IT consultancy and IT development services with regard to software used to improve operating activities of the Deutsche Bank Group on international financial markets including stock exchanges in key world financial centers.

Business-center “Severnaya Stolitsa” is comfortably located in the historical and business center of the city on river Moyka Embankment and Volynsky Pereulok. The business-center is built by applying modern building technologies, and high level technical solutions and engineering systems which provide top-quality services and a comfortable working environment for Deutsche Bank employees. In addition, the Deutsche Bank office is located on the top floor of the business-center which allows exceptional views of the historical center of the city.

When commenting on the new office opening Igor Lojevsky, Chief Country Officer of the Deutsche Bank Group in Russia and CIS said: “We are pleased with the opening of another Deutsche Bank Russia office in St. Petersburg as a special sign that underlines the stable position of Deutsche Bank on the Russian and international markets. At a difficult time for the global economy, we continue to follow the objectives we set, developing and investing into the key Deutsche Bank units, amongst which no doubt the information technology business is.”

William Cunningham, Head of GT CM Russia, noted: “We are proud that Deutsche Bank Global Technology, Capital Markets has demonstrated further commitment to the region. We hope that the high-quality of the new office working space will contribute to continued excellent performance of our staff and add value to the potential employees we will be looking for on the local labor market.”

For further information, please call:
Deutsche Bank Russia
Dimitri Agishev
Phone: +7 495 797 5026
E-Mail: dimitri.agishev@db.com

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 80,849 employees in 72 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 Ltd. (Deutsche Bank Russia) was established in April 1998. The Bank is a wholly-owned subsidiary of Deutsche Bank AG. Deutsche Bank has become one of the largest foreign banks in Russia. Deutsche Bank Russia provides local and international, corporate and private clients with a broad range of financial services, comprising corporate finance and advisory, sales, trading, transaction banking as well as private wealth management and asset management services. The bank includes the largest Russian and multinational companies among its client base.

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