A day of service to mark Hurricane Sandy anniversary

November 1, 2013 │ New York

To date, over 400 Deutsche Bank employees have together contributed 2,000 volunteer hours in support of Sandy recovery.

On Saturday, October 26, Jacques Brand, Chief Executive Officer, Deutsche Bank North America and Member of the Group Executive Committee, hosted a team of Deutsche Bank volunteers for a day of service in Coney Island, one of the areas hardest hit by Hurricane Sandy.

In partnership with Rebuilding Together NYC, a local nonprofit, volunteers spent the day painting and performing other improvements at the home of Rocco Brescia, a retired Brooklyn native who runs a nonprofit serving the Coney Island community. A second group of volunteers helped with a landscaping project on the grounds of a low-income co-op building in the same neighborhood, which received approximately six feet of flood waters when Sandy hit.

“This week marks the first anniversary of Hurricane Sandy and the path of devastation left in its wake,” said Brand. “It is unimaginable that so many communities and individuals are still struggling to get their lives back to normal. Deutsche Bank has been an active player in helping recovery and we remain committed to long-term efforts that will help restore these communities.”

Deutsche Bank has taken an active role in Hurricane Sandy recovery. In addition to mobilizing several volunteer efforts over the past year, the Deutsche Bank Americas Foundation facilitated the formation of the NYC Housing and Neighborhood Recovery Donors Collaborative in partnership with the City of New York. The goal of the Collaborative is to provide funding for the medium- and long-term planning and rebuilding efforts of housing and neighborhoods currently under the City’s Community Development Block Grant Disaster Recovery Action Plan. Deutsche Bank Americas Foundation has also committed $ 1 million in grants for direct relief, including $250,000 to the Mayor’s Fund to Advance NYC, and made available $1 million in 0% interest loan capital for small business recovery. To date, over 400 Deutsche Bank employees have together contributed 2,000 volunteer hours in support of Sandy recovery.

Brand added: “I am deeply touched by the many ways in which Deutsche Bank is helping those impacted by Hurricane Sandy. Social responsibility and accountability to the communities where we operate are important to the Bank’s culture. I am proud that, through these efforts, we continue to live the values that define Deutsche Bank.” 

Bank volunteers landscaping on the grounds of a low-income housing property in Coney Island enlarge

Bank volunteers landscaping on the grounds of a low-income housing property in Coney Island

Bank volunteers landscaping on the grounds of a low-income housing property in Coney Island


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