27.10.2005 21:08:00

Michael Davis to Join Deutsche Bank Private Wealth Management

Deutsche Bank today announced that Michael J. Davis hasjoined U.S. Private Wealth Management as a Managing Director and WestCoast Regional Market Manager. He will be based in Los Angeles,California and will serve on the U.S. Private Bank Management Team. Inhis new role, Davis will oversee the San Francisco, Orange County andLos Angeles offices. He will be responsible for managing salesstrategy, recruitment, and marketing initiatives for the West Coastregion and will serve on the U.S. Private Wealth Management ExecutiveCommittee.

"We are delighted to have Michael join U.S. Private WealthManagement. He will be a tremendous asset to our organization as westrive to be the best provider of financial services to high-net-worthand ultra high-net-worth clients," said Patrick Campion, Head of USPrivate Bank.

Davis has more than 30 years of experience in the industry andjoins the firm from Citigroup Private Bank where he was a managingdirector and global market manager for the Western USA region. Priorto joining Citigroup, he was a senior vice president at Bank ofAmerica's Private Bank in Southern California. Davis previously held anumber of executive positions at Citicorp, Homefed Bank and H.M.Treasury in London, England.

He holds a B.A. in economics from the University of Kent inCanterbury, England.

About Deutsche Bank

With Euro 964 billion in assets and 63,652 employees, DeutscheBank (NYSE: DB) offers unparalleled financial services in 74 countriesthroughout the world. Deutsche Bank competes to be the leading globalprovider of financial solutions for demanding clients creatingexceptional value for its shareholders and people.

Deutsche Bank ranks among the global leaders in corporate bankingand securities, transaction banking, asset management, and privatewealth management, and has a significant private and business bankingfranchise in Germany and other selected countries in ContinentalEurope.

Deutsche Bank Private Wealth Management has been serving theinterests of wealthy individuals, families and select institutions formore than a century. With offices in eight cities across the U.S., weprovide a variety of customized solutions to private clients worldwideincluding traditional and alternative investments, risk managementstrategies, lending, trust and estate services, wealth transferplanning, family office services, custody and family and philanthropyadvisory.

Deutsche Bank Alex. Brown is the U.S. Private Client Servicesdivision of Deutsche Bank Securities Inc., the investment banking andsecurities arm of Deutsche Bank AG in the United States. Deutsche BankAlex. Brown provides investment products, brokerage and advisoryservices to high-net-worth and ultra-high-net-worth clients throughClient Advisors based in 14 cities across the U.S.

www.db.com

www.alexbrown.db.com

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