Deutsche Bank Alex. Brown Expands West Coast Presence

NEW YORK--(Business Wire)--Deutsche Bank Alex. Brown, the U.S. Private Client Services (PCS)
division of Deutsche Bank Securities Inc. and Deutsche Bank Private
Wealth Management, today announced a significant expansion of its West
Coast operations, adding four Client Advisors to its San Francisco and
Los Angeles offices. Tim Ford and Melissa Conroy Whitney have joined
the San Francisco office as Managing Directors and will report to
William Svoboda, a Managing Director and San Francisco Regional
Executive. In addition, Benjamin Goldberg and Brian Richmond have
joined the Los Angeles office as Directors, reporting to Phil
Waxelbaum, a Managing Director and Los Angeles Regional Executive.

Ford joins the firm after 11 years at Lehman Brothers where he was
most recently a Managing Director and is credited with launching the
firm's Corporate Cash Management group. Prior to that, he was a Vice
President and Municipal Bond Trader at Morgan Stanley. He earned a BS
in Commerce from the University of Virginia.

Whitney also joins the firm from Lehman Brothers where she was a
Senior Vice President in the Corporate Cash Management group. During
her 12 years at Lehman, she held a variety of positions in the
Institutional Client group. She earned a BS in Marketing from
Providence College and an MBA from the University of Notre Dame.

Goldberg, who has more than 13 years of experience in the
financial services industry, joins the firm from Bank of America where
he was a Senior Vice President in the Investments division. Prior to
that, he was a Branch Manager and Vice President at Morgan Stanley
where he managed 35 Financial Advisors.

Richmond also joins the firm from Bank of America where he was a
Financial Advisor. Prior to that, he was a Financial Advisor at Morgan
Stanley. He earned a BA in Economics from California State University.

"The West Coast continues to be a key strategic market for us as
we continue to aggressively grow our PCS business," said Thomas
Bowers, Head of the U.S. Private Wealth Management Division. "We are
confident that these hires will enhance our coverage in the region and
complement our team of experienced professionals as we sustain our
growth momentum."

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 77,920 employees in 76 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.

About Deutsche Bank Alex. Brown

Deutsche Bank Alex. Brown is 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. Deutsche Bank Alex. Brown, which is also part
of Deutsche Bank's Private Wealth Management business division,
provides a variety of customized solutions to private clients in the
U.S., including traditional and alternative investments, brokerage,
investment advisory programs, risk management strategies, lending,
corporate cash management and wealth management services through
branch offices in 16 cities across the US.

www.db.com

www.alexbrown.db.com

Deutsche Bank
Media Relations:
Scott Helfman, 212-250-5602

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