NEW YORK & HOUSTON, Feb 16, 2006 -- BUSINESS WIRE

 

Deutsche Bank today announced it is expanding its Energy Investment Banking group. Jim Rogers will join the firm as a Managing Director and Co-Head of Energy Investment Banking in North America. Rogers will work with Mitch Cox, who was recently appointed to the same post, in overseeing Deutsche Bank's Energy Investment Banking business in North America. Rogers and Cox will continue to be based in Houston and will report to Michael Johnson, Head of Energy, Utilities and Chemicals Investment Banking in the Americas.

Rogers will join Deutsche Bank after 16 years with Citigroup, where he was a Managing Director and senior energy investment banker. Before joining Salomon Brothers in 1990, Rogers worked for Norcen Energy Resources. Cox has been a Managing Director in Deutsche Bank's Energy Investment Banking group for five years. He has been covering the energy industry for 14 years.

"Jim is an extremely talented banker with more than 15 years of experience in the energy sector," said Johnson. "He will be a great asset to our team, and together with Mitch will provide our clients with outstanding advice and execution."

"The energy sector is a critical part of the economy and an area where we expect to see continued financial activity," said James DeNaut, Co-Head of Corporate Finance Coverage in the Americas. "The ongoing expansion of our Energy team further demonstrates our commitment to being a leading player in this important industry."

Rogers earned a BS degree in petroleum geology from the University of Alberta and an MBA from the University of Western Ontario.

About Deutsche Bank

With Euro 993 billion in assets and 63,427 employees, Deutsche Bank (NYSE: DB) offers unparalleled financial services in 74 countries throughout the world. 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 ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private and business banking franchise in Germany and other selected countries in Continental Europe.

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

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SOURCE: Deutsche Bank

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