NEW YORK–(BUSINESS WIRE)–Aug. 5, 2003–Deutsche Bank Securities Inc. today announced that Bill Foley, Sam Mezansky, and Ted Tabasso will be joining the firm as Managing Directors responsible formiddle market equity sales coverage. Based in New York, they will report to Martin Newson, Head of Americas Equities, and will join the firm in September.
“Deutsche Bank’s Equities business continues to reach important milestones in the US and by strengthening our middle market coverage we will assure our successes continue across all segments of the market,” said Martin Newson. “Each of these individuals brings a deep understanding of the market which will enable us to better serve our emerging hedge fund and mid-sized institutional clients.”
“This client segment of the market represents a major growth opportunity for Deutsche Bank and we are excited about the prospect of providing an enhanced service to our customers as well as providing a more powerful distribution capability to the Equity Division,” said Rick Goldsmith, Global Head of Equities Sales.
Foley will be responsible for leading the Bank’s middle market equity coverage efforts. He comes from Morgan Stanley where he was most recently Head of Institutional Equities Middle Markets. Before joining Morgan Stanley in 1999, Foley was a Managing Director and Head of US Institutional Equity Sales at Deutsche Morgan Grenfell and other predecessors of Deutsche Bank Securities. Mezansky joins Deutsche Bank after spending over three years at Morgan Stanley where he was Executive Director for Middle Market Sales. Prior to this, he was a Managing Director and New York Equity Sales Manager at Deutsche Morgan Grenfell. Tabasso joins from Morgan Stanley, where he was an Executive Director and Team Leader for Middle Market Sales. Previously, he was a Managing Director and New York Sales Manager at Bank of America Securities.
“We are particularly pleased that Bill and Sam are returning to Deutsche Bank,” added Rick Goldsmith. “Their return is a testament to the growth and strength of our U.S. platform and we fully intend to continue to increase our resources in the important middle market sector.”
About Deutsche Bank
With roughly EUR 851 billion in assets and approximately 69,300 employees, Deutsche Bank offers its 13 million clients unparalleled financial services in 76 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 & business banking franchise in Germany and other selected countries in Continental Europe.
Deutsche Bank Securities Inc. is the investment banking and securities arm of Deutsche Bank AG in the United States.
www.deutsche-bank.com
