Expanded Distribution via Strategic Alliance

Last week, Deutsche Bank (“DB”) announced an agreement with Fidelity Investments allowing Fidelity’s retail and institutional brokerage clients the opportunity to participate in initial public offerings and follow-on equity offerings underwritten by Deutsche Bank. This exclusive relationship represents a significant development for DB’s US equity platform by expanding its retail investor footprint while complementing the existing distribution capabilities of DB’s highly effective Private Wealth Management division which targets high net worth clients.

The alliance with Fidelity, substantially expands DB’s access to an investor base comprising Fidelity’s retail brokerage customers, customer accounts managed by Fidelity’s registered investment advisors, correspondent broker/dealer

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