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uys Currencyl USD CP Put Notionall 75,000,000 Currency2 CNH Notional2 -462,000,000 Strike 6.1600 ZoneCut TK: 15:00 hours (Local time in Tokyo) ExpiryDate Wed 12 August 2015 SettlementDate Fri 14 August 2015 FixingReference SPOT Premium 273,000 PremiumTerms USD PremiumDate Thu 14
[email protected]> Sent from my iPhone Begin forwarded message: From: Vahe Stepanian cti Date: August 11, 2015 at 8:58:36 AM EDT To: Richard Kahn < , Daniel Sabba Subject: RE: Cnh trade [CI wrote: Classification: Confidential Rich - we confirmed with our traders that the option currently does not have any va
uys Currencyl USD CP Put Notionall 75,000,000 Currency2 CNH Notional2 -462,000,000 Strike 6.1600 ZoneCut TK: 15:00 hours (Local time In Tokyo) ExpiryDate Wed 12 August 2015 SettlementDate Fri 14 August 2015 FixingReference SPOT Premium 273,000 PremiumTerms USD PremiumDate Thu 14
my iPhone Begin forwarded message: From: Vahe Stepanian Date: August 11, 2015 at 8:58:36 AM EDT > wrote: EFTA00849016 To: Richard Kahn < >, Daniel Sabba Subject: RE: Cnh trade ICI Classification: Confidential Rich - we confirmed with our traders that the option currently does not have any value. Re
uys Currencyl USD CP Put Notionall 75,000,000 Currency2 CNN Notional2 -462,000,000 Strike 6.1600 ZoneCut TK: 15:00 hours (Local time in Tokyo) ExpiryDate Wed 12 August 2015 EFTA01474232 SettlementDate Fri 14 August 2015 FixingReference SPOT Premium 273,000 PremiumTerms USD Prem
Subject: RE: Cnh trade [C] From: Vahe Stepanian Date: Tue, 11 Aug 2015 09:41:02 -0400 To: Richard Kahn Cc: Daniel Sabba Paul Morris Ariane Dwyer Classification: Confidential Hi Rich — just tried callin you to discuss. Please give me a call at your convenience @ T
uys Currencyl USD CP Put Notionall 75,000,000 Currency2 CNN Notional2 -462,000,000 Strike 6.1600 ZoneCut TK: 15:00 hours (Local time in Tokyo) ExpiryDate EFTA01474246 Wed 12 August 2015 SettlementDate Fri 14 August 2015 FixingReference SPOT Premium 273,000 PremiumTerms USD Prem
Subject: FW: Trade Report 8/12/14 - USDCNH lyr Put [C] From: Vahe Stepanian sz: > Date: Tue, 11 Aug 2015 11:13:50 -0400 To: Paul Morris < Cc: Daniel Sabba Ariane Dwyer Classification: Confidential From: Vahe Stepanian Sent: Friday, August 07, 2015 1:15 PM To: 'jeffrey E.' Cc: Daniel Sabba; Ariane
Notionall 75,000,000 Currency2 CNH Notional2 -462,000,000 Strike 6.1600 ZoneCut TK: 15:00 hours (Local time in Tokyo) ExpiryDate Wed 12 August 2015 SettlementDate Fri 14 August 2015 FixingReference SPOT Premium 273,000 PremiumTerms USD PremiumDate Thu 14
<image002.jpg> *Used with the permission of Bloomberg LP Original Message From: Richard Kahn (mailto Sent: Tuesday, August 11, 2015 5:51 AM To: Daniel Sabba; Vahe Stepanian Subject: Cnh trade I know we have 2 days left. Please advise on pricing and market value on option based on current news. Thank yo
ange, give it a mid teens multiple to account for their technology leadership and position in the 4 company industry. Possible Catalyst: Closing of Tokyo deal would lead to EPS being revised higher and re-rating of the stock price DB Target: $30 Last note: https://ger.gm.cib.intranet.db.com/ger/docum
From: Daniel Sabba Sent: Tuesday, January 20, 2015 3:59 AM To: [email protected]' Cc: Vahe Stepanian Subject: Fw: DB Special Situations: Shopping List [C]
urrency2 CNH Notional2 1 EFTA_R1_01613024 EFTA02491176 -462,000,000=/u> Strike</=> 6.1600</=pan> ZoneCutau> TK: 15:00 hours (Local time in Tokyo) ExpiryDatea> Wed 12 August 2015<=u> SettlementDate Fri 14 August 2015au> FixingReference SPOT Premiumau> 273,000<=span> USD Thu 14 August
ermission of Bloomberg LP Original Message From: Richard Kahn Sent: Tuesday, August 11, 2015 5:51 AM I 2 EFTA_R1_01613025 EFTA02491177 To: Daniel Sabba; Vahe Stepanian Subject: Cnh trade I know we have 2 days left. Please advise on pricing and market value on=option based on current news. Thank yo
USD CP Put Notionall EFTA01399689 75,000,000 Currency2 CNN Notional2 -462,000,000 Strike 6.1600 ZoneCut TK: 15:00 hours (Local time in Tokyo) ExpiryDate Wed 12 August 2015 SettlementDate Fri 14 August 2015 FixingReference SPOT Premium 273,000 PremiumTerms USD PremiumDate Thu 14
s Managing Director Deutsche Bank Private Bank Office: Cell: From: Vahe Stepanian Sent: Tuesday, August 11, 2015 9:41 AM To: Richard Kahn Cc: Daniel Sabba; Paul Morris; Ariane Dwyer Subject: RE: Cnh trade [C] Classification: Confidential Hi Rich — just tried callin you to discuss. Please give me a ca
USD CP Put Notionall 75,000,000 Currency2 CNN Notional2 -462,000,000 Strike 6.1600 ZoneCut EFTA01474259 TK: 15:00 hours (Local time in Tokyo) ExpiryDate Wed 12 August 2015 SettlementDate Fri 14 August 2015 FixingReference SPOT Premium 273,000 PremiumTerms USD PremiumDate Thu 14
[email protected]> Sent from my iPhone Begin forwarded message: From: Vahe Stepanian Date: August 11, 2015 at 8:58:36 AM EDT To: Richard Kahn , Daniel Sabba Subject: RE: Cnh trade [C] Classification: Confidential EFTA01474258 Rich - we confirmed with our traders that the option currently does not hav
USD CP Put Notionall 75,000,000 Currency2 EFTA01474267 CNN Notional2 -462,000,000 Strike 6.1600 ZoneCut TK: 15:00 hours (Local time in Tokyo) ExpiryDate Wed 12 August 2015 SettlementDate Fri 14 August 2015 FixingReference SPOT Premium 273,000 PremiumTerms USD PremiumDate Thu 14
Sent from my iPhone Begin forwarded message: From: Vahe Stepanian ‹ > Date: August 11, 2015 at 8:58:36 AM EDT To: Richard Kahn , Daniel Sabba Subject: RE: Cnh trade [C] Classification: Confidential Rich - we confirmed with our traders that the option currently does not have any value.
Entities connected to both Tokyo and Daniel Sabba

Jeffrey Epstein
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Paul Morris
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Richard Kahn
PERSONVahe Stepanian
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Ariane de Rothschild
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Martha Stewart
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Ariane Dwyer
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Stewart Oldfield
PERSONDeutsche Bank Securities Inc.
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Marc Rich
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Joi Ito
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Lesley Groff
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Deutsche Bank
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Karyna Shuliak
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John F. Kennedy
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Bloomberg L.P.
ORGANIZATIONDarren Indyke
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Tazia Smith
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Prince Andrew
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United States
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