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Deutsche Bank Announces Senior Hires in Loan Sales & Trading

DB

Deutsche Bank Announces Senior Hires in Loan Sales & Trading

Deutsche Bank today announced the hiring of Alexandra Cannon in Loan Sales and Garret Rowan in Loan Trading.

Alexandra Cannon will join the bank as a Director in leveraged loan sales in July. Cannon joins from Barclays, where she spent the last nine years covering clients in the leveraged loan and structured credit markets. Cannon received her BS in Financial Engineering from Columbia University. She will be based in New York and report to Alex Bici, Head of Par Loan Sales, North America.

“Alexandra brings deep relationships and a unique skill set to our franchise, with significant expertise in both leveraged loans and structured credit,” said Bici. “With CLOs representing such a large share of our investor client base, having someone with a deep knowledge of this product joining our platform is very valuable.”

Cannon will replace Liz Bodisch, who will move from loan sales to the loan trading desk, and will report to Mike Weir, Head of Par Loan Trading, North America. Bodisch has been a senior salesperson for seven years at Deutsche Bank and previously ran loan trading for a large asset manager on the buy side.

Garret Rowan will join the bank’s par loan trading desk later this month as a Vice President. Rowan will join from US Bank’s loan trading desk. Rowan received his BA in History from Columbia University and his MBA and Master of Science in Finance from Boston College. He will be based in New York and report to Mike Weir.

“Liz and Garret each represent unique hires for Deutsche Bank’s leveraged loan trading business,” said Weir. “These two hires, with their deep experience on both the buy side and the sell side, reflect an ongoing desire to better serve and connect with our investor clients.”

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 Bank
Press and Media Relations
Tracy McNamara, +1 212-250-0940
tracy.mcnamara@db.com