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Deutsche Bank’s (NYSE:DB) Trust & Securities Services, part of its Global Transaction Banking division, today announced the opening of a regional public finance trust office in Summit.Deutsche Bank”s (NYSE:DB) Trust & Securities Services, part of its Global Transaction Banking division, today announced the opening of a regional public finance trust office in Summit. This is the seventh regional office that the bank has opened as part of the regional expansion of its public finance trust business.

The Summit location, at 25 DeForest Ave., will focus particularly on providing local account management and administration services for public finance clients in New Jersey, Pennsylvania, Maryland and Delaware.

Joining the bank to head the new Summit office is Debra Schwalb, who was formerly with The Bank of New York, where she was responsible for relationship managers and trust associates in the Mid-Atlantic unit.

Deutsche Bank, which is based in Frankfurt, Germany, has regional offices in

Boston; Charlotte, N.C.; Chicago; Los Angeles; San Francisco; New York, N.Y.; and Olive Branch, Miss.

Deutsche Bank shares were at $151.79 in early-afternoon trading.