Deutsche Asset & Wealth Management Hires Thomas Clarke as Head of Lending & Deposit Products, Americas

  Deutsche Asset & Wealth Management Hires Thomas Clarke as Head of Lending &
  Deposit Products, Americas

Business Wire

NEW YORK -- July 9, 2014

Deutsche Asset & Wealth Management (DeAWM) has hired Thomas Clarke as Head of
Lending & Deposit Products, Americas, effective September.

In this role, Clarke will lead DeAWM's Lending & Deposit Product business
across the Americas region, with overall responsibility for strategy, product
development and client service. He will manage a team of specialists who work
with bankers and clients to structure bespoke solutions to suit clients'
liquidity and funding needs.

Clarke, a Managing Director, will be based in New York. He will report to
Balaji Prasanna, Global Head of Lending, Deposit Products and Wealth Planning
Solutions, and regionally to Jerry Miller, Head of DeAWM Americas.

Clarke will join from JPMorgan, where he was U.S. Head of Capital Advisory in
the Private Bank, responsible for the U.S. wealth management lending business.
Before that he was U.S. Head of Banking Products at JPMorgan Securities.

Balaji Prasanna said: "DeAWM is a leading provider of strategic lending and
deposit product solutions for clients in the Americas and globally. I am
delighted that a professional of Tom's caliber will be joining us to further
develop our client offering and spearhead the growth of our regional
business."

Jerry Miller said: "Lending and deposit products are a core part of the
service we offer in the Americas. We continue to strengthen our team to ensure
we provide our clients with a full suite of high quality solutions across both
wealth and asset management."

Deutsche Asset & Wealth Management

With $1.29 trillion of assets under management (as of March 31, 2014),
Deutsche Asset & Wealth Management¹ is one of the world's leading investment
organizations. Deutsche Asset & Wealth Management offers individuals and
institutions traditional and alternative investments across all major asset
classes. It also provides tailored wealth management solutions and private
banking services to high-net-worth individuals and family offices.

¹ Deutsche Asset & Wealth Management is the brand name of the Asset Management
and Wealth Management division of the Deutsche Bank Group. The legal entities
offering products or services under the Deutsche Asset & Wealth Management
brand are listed in contracts, sales materials and other product information
documents. I-035299-1.0 018708 070714

Contact:

Deutsche Asset & Wealth Management
Catherine Wooters, +1 212-250-2790
catherine.wooters@db.com
 
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