Commerzbank Securities Expands European Equity Sales Team in New York.

Business Editors

NEW YORK--(BUSINESS WIRE)--Nov. 7, 2000

Commerzbank Securities is pleased to announce the appointment of Bill Dixon to its European Equities Sales Team in New York.

Bill joins Commerzbank Securities, New York, as Senior Salesperson - European Equities with responsibility for several key East Coast North American institutional clients. He will report to Nick Hiley, head of Equity Sales, New York.

Prior to Commerzbank Securities, he spent 14 years with HSBC on assignments in London and New York selling Pan-European equities to U.S. institutional accounts.

According to Nick Hiley, "this appointment underscores our commitment to build our presence in the US market. Bill will add depth and balance to our New York team."

Commerzbank Securities is the fully integrated investment banking division of Commerzbank AG, one of Europe's leading banks with a strong position at the heart of the new Euro-zone. It utilizes access to Commerzbank's $384bn balance sheet (12/31/99) and, AA-/Aa3/AA- credit ratings from S&P, Moody's and IBCA. In the United States, Commerzbank Securities transacts business through Commerzbank Capital Markets Corporation, a wholly owned registered broker-dealer of Commerzbank AG. Commerzbank Capital Markets Corporation is a member of NYSE, NASD and SIPC.