Deutsche Bank Strengthens Private Wealth Management Capital Markets Group

Durraj Tase Appointed Head of Capital Markets for Private Wealth Management-Americas

NEW YORK--(BUSINESS WIRE)-- Deutsche Bank Private Wealth Management (PWM) today announced the appointment of Durraj Tase as a Managing Director and Head of Capital Markets for the Americas. Based in New York, he reports jointly to Benjamin Pace, a Managing Director and US Chief Investment Officer and Trang Chu, a Managing Director and Head of Global Capital Markets for PWM.

Tase will assume responsibility for PWM’s Capital Markets sales and trading desks in the Americas. His responsibilities will include expanding PWM’s Capital Markets offering and overseeing a team that develops and trades equity, fixed income, option, structured product and foreign exchange solutions for ultra and high net worth clients.

Tase has over 25 years of financial services experience, including as Head of Capital Markets and Brokerage Advisory Services for US Trust Bank America's Private Bank and previously as Head of Citigroup Private Bank’s Latin America Capital Markets business.

“We strive to consistently advance the quality of innovation, customization and access that our franchise provides ultra and high net worth clients,” said Tom Bowers, Head of PWM Americas. “With Durraj’s extensive experience we will continue to build upon the breadth and depth of our Capital Markets solution set and provide our clients with differentiated access to investment opportunities.”

Deutsche Bank Private Wealth Management serves high net worth individuals, families and select institutions worldwide, while also providing leading solutions for family offices and financial intermediaries. Operating in more than 100 locations and advising clients in relation to more than USD 432 billion in assets under management as of 12/31/2010, it is at the forefront of the global wealth management industry.

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 74 countries, Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank Securities Inc., member NYSE, FINRA and SIPC, is the investment banking and securities arm of Deutsche Bank AG in the United States.

www.db.com

About Deutsche Bank Private Wealth Management

Deutsche Bank Private Wealth Management has been serving the interests of wealthy individuals, families and select institutions for more than a century. With offices across the U.S., Deutsche Bank's Private Wealth Management business division provides a variety of customized solutions to private clients worldwide including traditional and alternative investments, risk management strategies, lending, trust and estate services, wealth transfer planning, family office services, custody and family and philanthropy advisory. Private Wealth Management includes the U.S. Private Bank and Deutsche Bank Alex. Brown, the private client services division of Deutsche Bank Securities Inc., the investment banking and securities arm of Deutsche Bank AG in the United States and a member of NYSE, FINRA and SIPC.

www.pwm.db.com