Deutsche Bank continues to strengthen its investment in Global Markets Americas, and today announced the hiring of David Silber as Head of Americas Equity Derivatives, and Eoin Milligan, a Director in Equities.

David Silber joins in June as Managing Director and Head of Americas Equity Derivatives, where he will be responsible for both Sales and Trading across Equity Derivatives. Silber has nearly 20 years of banking experience, and was most recently Managing Director and Head of North American Execution Sales at Citi where he was responsible for the equity derivatives business across the region. Prior to Citi, Silber spent six years at Jefferies & Company where he was most recently Head of Equity Derivatives. Silber received his B.A. from Muhlenberg College in Pennsylvania. He will be based in New York and report to Brad Kurtzman, Head of Americas Equities, and John O’Brien, Head of Americas Equity Distribution.

Deutsche Bank also hired Eoin Milligan as Director. Milligan has more than 15 years of experience building technological solutions for the financial industry, and was most recently Director at Bank of America where he was responsible for building strategic risk and exposure management applications. Prior to Bank of America, Milligan was at J.P. Morgan in a similar role. Milligan received his B.S. from The Cooper Union for The Advancement of Science and Arts, his M.S. in Electrical Engineering from Columbia University and his MBA from New York University. He is based in New York and reports to Miguel Barrio, Managing Director, Global Markets, Equities.

“These hires represent the continued investment in our US equities business. We are looking forward to welcoming David and Eoin to our team,” said Brad Kurtzman, Head of Americas Equities.

Deutsche Bank announced earlier this month that it hired Lori Arndt as Global Head of Client Strategy in Equities, Christopher McCarthy as a Director in Global Credit Trading, and Ronnie Shah as a Director in Research.

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.

Deutsche BankPress and Media RelationsTracy McNamara, +1 212 250 0940tracy.mcnamara@db.com

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