Raj Sodhi Joins Deutsche Bank's Asset Finance Group

    Business Editors/Financial Editors

    NEW YORK--(BUSINESS WIRE)--April 11, 2005--Deutsche Bank Securities Inc. announced today that Raj Sodhi will join the firm as a Director in Asset Finance within the Global Markets Division. He will be responsible for arranging and structuring single-seller commercial paper programs. Sodhi will report to Frank Byrne, Global Head of Asset Finance, and will be based in New York.
    "Raj will be a tremendous addition to our team and will further advance our capabilities in this growing market," said Byrne. "His experience developing and marketing structured finance solutions to a wide variety of clients has earned him an excellent reputation in the industry. Raj's hire further exemplifies our ability to attract high-caliber individuals to our business."
    Sodhi joins Deutsche Bank from Bank of America where he was a Principal in the Global Structured Finance Group, responsible for debt origination and structuring. He holds a BS in Mechanical and Aerospace Engineering from Syracuse University, a MS in Computational Finance from Carnegie Mellon University and an MBA from Columbia Business School.

    About Deutsche Bank

    With Euro 840 billion in assets and 65,400 employees, Deutsche Bank offers unparalleled financial services in 74 countries throughout the world. Deutsche Bank is dedicated to excellence, constantly challenging the status quo to deliver superior solutions to our clients.
    Deutsche Bank ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private & business banking franchise in Germany and other selected countries in Continental Europe.
    Deutsche Bank Securities Inc. is the investment banking and securities arm of Deutsche Bank AG in the United States.

    www.deutsche-bank.com

--30--JC/ny*

CONTACT: Deutsche Bank Securities Inc. Michele Agostinho, 212-250-4864

KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING MANAGEMENT CHANGES SOURCE: Deutsche Bank Securities Inc.

Copyright Business Wire 2005