David Fry to Join Deutsche Bank as Head of Global Markets Canada

    NEW YORK, August 9 /CNW/ - Deutsche Bank today announced that David Fry
will join as a Managing Director and Head of Global Markets for Canada. He
will be responsible for all debt products in the region and report to Paul
Jurist, Country Head for Deutsche Bank in Canada, and Phil Weingord, Head of
Global Markets for the Americas. Fry will join the bank this fall and be based
in Toronto.

    Fry will be joining from ABN in London where he is an Executive Director
and Global Head of Local Markets Eurobonds. Prior to joining ABN, David spent
nine years at Toronto Dominion Bank and was most recently Head of Government

    "David's success in analyzing new market opportunities and his ability to
formulate and execute profitable business strategies will be an asset as we
build on our strong and diversified Global Markets platform in Canada," said
Jurist. "We are committed to being a leading global financial institution in
Canada and will continue to expand our franchise in this important market."

    "Our ongoing investment in Canada and recent successes, including several
landmark transactions, underscores our long-term commitment to being a top
provider of capital markets, advisory and other financial services in the
region," said Weingord. "We continue to see increasing growth opportunities in
Canada's corporate finance, commodities and securitization markets."

    Fry earned an MBA from McGill University and a BA in Administrative and
Commercial Studies from the University of Western Ontario.

    About Deutsche Bank

    Deutsche Bank (NYSE:   DB) is a leading global investment bank with a
strong and profitable private clients franchise. A leader in Germany and
Europe, the bank is continuously growing in North America, Asia and key
emerging markets. With 75,140 employees in 75 countries, Deutsche Bank
competes to be the leading global provider of financial solutions for
demanding clients creating exceptional value for its shareholders and people.

    Deutsche Bank Securities Inc., member NYSE, NASD and SIPC, is the
investment banking and securities arm of Deutsche Bank AG in the United


For further information:

For further information: Deutsche Bank Media Relations John Gallagher,
+1-212-250-4516 Michele Allison, +1-212-250-4864

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