Deutsche Bank Hires Bryan North-Clauss as Head of US Rates Sales

NEW YORK--()--Deutsche Bank today announced it has hired Bryan North-Clauss as Managing Director and Head of US Rates Sales. He will be based in New York and report to Chris Yoshida, Global Head of Rates Sales. North-Clauss will join the Bank in September.

North-Clauss will join the Bank from Morgan Stanley where he spent over five years, in both New York and London, most recently responsible for building and managing the hedge fund and international real money coverage teams. He was previously responsible for building and leading Morgan Stanley’s Government Sponsored Enterprises (GSE) coverage team in New York. Before joining Morgan Stanley, he held rates sales roles at Citibank and Lehman Brothers.

“We are thrilled to welcome Bryan to the Bank,” said Yoshida. “His technical skill set and deep client relationships will be a valuable asset to our US Rates business.”

Deutsche Bank is a leading client-centric global universal bank serving 28 million clients worldwide. 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.

This release also contains non-IFRS financial measures. For a reconciliation to directly comparable figures reported under IFRS, to the extent such reconciliation is not provided in this presentation, refer to the 1Q2015 Financial Data Supplement, which is accompanying this presentation and available at www.db.com/ir.

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Contacts

For further information:
Deutsche Bank AG
Amanda Williams, +1-212-250-1499
amanda.williams@db.com

Contacts

For further information:
Deutsche Bank AG
Amanda Williams, +1-212-250-1499
amanda.williams@db.com