Deutsche Bank today announced further investment in Global Markets Americas with the hiring of Lori Arndt as Global Head of Client Strategy in Equities, in addition to the hiring of other senior staff in New York.

Lori Arndt, a 20-year veteran of the financial services industry, joins Deutsche Bank as Global Head of Client Strategy and will have global responsibility for Equities client strategy, resource allocation, management reporting, reference data and monitoring tools across all Equities product lines. Arndt joins the bank from Surveyor Capital, the Citadel LLC equities unit, and previously served in senior roles at Goldman Sachs and Nomura. Arndt is a graduate of the University of Pennsylvania and obtained an MBA from Columbia Business School.

Christopher McCarthy joins Deutsche Bank as a Director in Global Credit Trading, specializing in US Investment Grade Debt. McCarthy joins the bank from BNP Paribas and previously spent more than a decade at Morgan Stanley as a senior credit trader. McCarthy received undergraduate degrees in economics and business administration from Boston University.

Ronnie Shah, Ph.D., joins Deutsche Bank as a Director in Research, specializing in Quantitative Equity Strategy. Shah joins the bank from Gerstein Fisher Funds and previously served in senior quantitative research roles at BlackRock and Dimensional Fund Advisors. Shah received an undergraduate degree from The Wharton School, a masters degree from the London School of Economics and a masters and doctorate from the McCombs School of Business.

About Deutsche Bank

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 11 March 2016 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.

For further information:Deutsche BankPress and Media RelationsTracy McNamara, +1 212-250-0940tracy.mcnamara@db.com

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