<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
F O R M 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 21, 1995
------------------
BANKERS TRUST NEW YORK CORPORATION
-----------------------------------------------------------------
(Exact name of registrant as specified in its charter)
NEW YORK
-----------------------------------------------------------------
(State or other jurisdiction of incorporation)
1-5920 13-6180473
------------------------------------ ----------------------------
(Commission file number) (IRS employer identification no.)
280 PARK AVENUE, NEW YORK NEW YORK 10017
-----------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 250-2500
--------------
<PAGE>
ITEM 5. OTHER EVENTS
On September 21, 1995, Bankers Trust New York
Corporation issued a press release announcing that Frank N. Newman has joined
Bankers Trust New York Corporation and Bankers Trust Company as senior
vice chairman and a director.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press Release of Bankers Trust New York
Corporation, dated September 21, 1995.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
BANKERS TRUST NEW YORK CORPORATION
By /s/ Gordon S. Calder, Jr.
---------------------------------
Gordon S. Calder, Jr.
Assistant Secretary
date: September 21, 1995
<PAGE>
INDEX TO EXHIBITS
99.1 Press release of Bankers Trust New York Corporation,
dated September 21, 1995.
<PAGE>
Corporate Communications Division, 280 Park Avenue, New York
Mailing Address: P.O. Box 318, New York, N.Y. 10008-0318
Bankers Trust New York Corporation
News Release
FRANK NEWMAN JOINS BANKERS TRUST AS SENIOR VICE CHAIRMAN
For Release:
New York, September 21, 1995 -- Frank N. Newman, former deputy
secretary of the Treasury, today has joined Bankers Trust New
York Corporation and Bankers Trust Company as senior vice
chairman and a director, it was announced by Charles S. Sanford,
Jr., chairman and chief executive officer of the bank holding
company and the bank.
Mr. Newman will be a member of the senior management team that
establishes the firm's policies and will have senior leadership
and oversight responsibility for all of Bankers Trust's
financial, administrative and control functions, reporting to Mr.
Sanford.
"With Frank Newman's decision to join us, Bankers Trust
shareholders, clients and staff stand to benefit from the
experience and wisdom of an accomplished senior executive who has
demonstrated the highest degree of competence in both government
and business," said Mr. Sanford. "We are fortunate, indeed, to
have Frank as a key member of the senior management team that
will direct the organization, and we couldn't be more pleased."
Added Bankers Trust President Eugene B. Shanks, Jr., "On behalf
of all of our colleagues, I welcome Frank to the Bankers Trust
family and look forward to working with him in partnership to
serve the needs of our clients and the objectives of our
shareholders. "
"I have great respect for Bankers Trust and the capabilities of
its people and for the record of achievement that has
characterized the firm, particularly over the past decade," said
Mr. Newman. "The opportunity to help lead the bank forward is
one that I find very exciting."
Mr. Newman served in the Clinton Administration as deputy
secretary of the Treasury under Secretaries Lloyd Bentsen and
Robert Rubin. He was also chief operating officer for the
Treasury Department's operating bureaus, policy offices and
160,000 employees. He was previously under secretary of the
Treasury for Domestic Finance. He joined Treasury in 1993 from
BankAmerica Corporation, where he was vice chairman of the Board
and chief financial officer. Mr. Newman's biographical
information is attached.
- 30 -
For additional information, contact Douglas B. Kidd, Bankers
Trust, (212) 454-3532.
<PAGE>
Corporate Communications Division, 280 Park Avenue, New York
Mailing Address: P.O. Box 318, New York, N.Y. 10008-0318
Bankers Trust New York Corporation
News Release
For Release: Biographical Information: Frank N. Newman
Senior Vice Chairman
Bankers Trust New York Corporation and Bankers
Trust Company
Frank N. Newman is senior vice chairman and a director of both
Bankers Trust New York Corporation and its principal banking
subsidiary, Bankers Trust Company. He has senior leadership and
oversight responsibilities for all of Bankers Trust's financial,
administrative and control functions.
Mr. Newman was the deputy secretary of the Treasury and chief
operating officer of the Department, which includes 11 operating
bureaus and 160,000 employees. As deputy secretary, Mr. Newman
was the number two official of the Department, acting on behalf
of the Secretary in his absence, and representing the Treasury in
numerous capacities. He played a key role in the formation and
execution of Treasury programs, including domestic and
international economic policymaking and oversight of financial
service and legislative initiatives, as well as overall
management of the Department.
Mr. Newman represented Treasury on the President's Working Group
on Financial Markets, which includes the chairs of the Federal
Reserve Board, the Securities and Exchange Commission and the
Commodities Futures Trading Commission. He was the chairman of
the Advanced Counterfeit Deterrence Steering Committee, which
includes the Federal Reserve Board, the Bureau of Engraving and
Printing and the Secret Service. He also served as president of
the Federal Financing Bank. Mr. Newman was a member of the
President's Management Council, comprised of the chief operating
officer of each department, and was responsible for coordinating
programs that improve the efficiency and customer service of the
Federal government.
Previously, Mr. Newman served as under secretary of the Treasury
for Domestic Finance. In that position he oversaw the
development of policy and guided Treasury activities in
management of the public debt, financial institutions policy and
regulation, financial management services and other domestic
financial matters. Mr. Newman was responsible for directing the
development and passage of legislation affecting financial
institutions, Treasury securities and federal financing.
- more -
<PAGE>
Mr. Newman came to Treasury in February, 1993 after six years
with BankAmerica Corporation, where he was chief financial officer and
vice chairman of the board of directors. At BankAmerica, he
managed the corporation's financial analysis and planning
functions in addition to those in corporate treasury, financial
accounting, tax, corporate development, mergers and acquisitions,
investor relations, economics and government relations.
Prior to joining BankAmerica in 1986, Mr. Newman spent 13 years
with Wells Fargo Bank in San Francisco. He moved through the
ranks at Wells Fargo to be named executive vice president and
chief financial officer in 1980.
Prior to joining Wells Fargo in 1973, he was a vice president at
Citicorp from 1969 to 1973 and a manager of the consulting firm
of Peat Marwick, Livingston & Co. from 1966 to 1969.
Mr. Newman graduated magna cum laude from Harvard University in
1963 with a BA in economics. He was born on April 20,1942, in
Quincy, MA.
- 30 -
9/95
<PAGE>
Bankers Trust New York Corporation
280 Park Avenue
New York, New York 10017
Gordon S. Calder, Jr.
Assistant Secretary
September 21, 1995
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Dear Sirs:
Accompanying this letter is Bankers Trust New York
Corporation's report on Form 8-K dated September 21, 1995 (the
Form 8-K). The Form 8-K is being filed electronically through
the EDGAR System.
If there are any questions or comments in connection with
the enclosed filing, please contact the undersigned collect at
212-250-4857.
Very truly yours,
BANKERS TRUST NEW YORK CORPORATION
By: /s/ GORDON S. CALDER, JR.
Name: Gordon S. Calder, Jr.
Title: Assistant Secretary
