Deutsche Bank Adds to US and International Cash Trading in New York

NEW YORK--()--Deutsche Bank today announced the addition of two Managing Directors and six Directors to its equity trading business in New York.

Eric Johnston has joined as a Managing Director and Head of US Cash Trading, reporting to Steve Bayardelle, Americas Head of Equity Trading and Execution. Johnston joins from Millennium Partners, where he was a portfolio manager at Phenom Capital. He was previously Head of Americas Cash Trading at Barclays and was also a portfolio manager at Commonwealth Opportunity Capital.

David Lewis has joined as a Managing Director and Head of International High Touch Trading in the Americas, reporting to Johnston. Lewis was most recently a Managing Director and Head of International Trading at JP Morgan, where he was responsible for European, Asian, Latin American and Canadian trading. He began his career at Merrill Lynch and was Head of ADR trading at Citigroup before joining JP Morgan.

“We are very pleased to add these talented individuals to our team and are confident they will enhance our existing client offering,” said Brad Kurtzman, Americas Head of Equities.

“These eight hires reflect our ongoing investment in the Americas equities platform,” said John O’Brien, Head of Equities Distribution. “With this team in place, we look forward to delivering superior service to our clients.”

The six Directors who have joined Deutsche Bank’s equities trading business in 2017 are: Peter Elliott, Will Harrington, Chris Hemptead, Roger Hopkins, Josh Horowitz, and James Massey-Kim.

About Deutsche Bank

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.

By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in our SEC Form 20-F of 20 March 2015 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.

Contacts

Deutsche Bank AG
Press & Media Relations
Olayinka Fadahunsi, +1 212-250-8159
olayinka.fadahunsi@db.com

Contacts

Deutsche Bank AG
Press & Media Relations
Olayinka Fadahunsi, +1 212-250-8159
olayinka.fadahunsi@db.com