01.08.2005 15:08:00

Mark Peters to Join Deutsche Bank as Head of US Private Wealth Management

Deutsche Bank today announced that Mark Peters will jointhe firm as a Managing Director and Head of US Private WealthManagement, a new role encompassing both the Private Wealth Managementand Private Client Services businesses in the US. Peters will be basedin New York and report to Pierre de Weck, Global Head of PrivateWealth Management and a Member of Deutsche Bank's Group ExecutiveCommittee.

Peters has 24 years experience in the private client and privatebanking markets in the Americas. He will join the firm from Citigroup,where he was a Managing Director and Head of the US High Net WorthGroup. Before joining Citigroup he was a Managing Director in thePrivate Client Services Group of Credit Suisse First Boston andDonaldson, Lufkin & Jenrette. Peters also worked for 14 years atGoldman Sachs Private Client Services as a Relationship Manager.

"The US market is an extremely important part of our global growthstrategy," said Pierre de Weck. "Mark has a strong background andproven track record in brokerage and private banking, which will helpus to coordinate our businesses to offer a full array of tailoredsolutions for our clients."

Peters earned a BA degree from the University of Illinois and anMBA from the University of Miami.

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

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