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nhard Schlieker Thomas M. Schmidheiny Waldemar Schmidt Eric Schmidt Laurent Schmitt Hansruedi Schoch
r M. Schatz Erik Schatzker Herbert J. Scheidt Andrew Schiermeier David Schlesinger Reinhard Schlieker Thomas M. Schmidheiny Waldemar Schmidt Eric Schmidt Laurent Schmitt Hansruedi Schoch Joseph P. Schoendort Patrick Schofield Elliot Schrage J. B. Schramm Helmut M. Sch0hsler Dirk Schutz Peter
f Senior Business Editor Managing Partner President and Chief Executive Officer Chairman and Representative Director Artist. USA Vice-Chairman. Deutsche Bank Group Managing Director and Chief Executive Officer James E. Robison Professor of Business Administration Director-General Associate Professor of Fin
Wharton School of the University of Pennsylvania receiving a BS in Economics. Benjamin Schmitt, Assistant Vice President, Infrastructure Debt Mr. Schmitt has over 7 years of experience in infrastructure finance and is responsible for structuring, analyzing and executing debt transactions in the infras
ture debt investment opportunities. Prior to joining Deutsche Asset Management in 2014, Mr. Woods spent five years working in investment banking in Deutsche Bank's Leveraged Finance Group. During his time in investment banking, Mr. Woods worked on numerous leveraged loan and high yield bond financings for acqui
impact of financial transaction taxes on financial markets. There is a broad consensus that financial transaction taxes reduce trading volumes. Schmidt (2007) estimated trading volume elasticities in foreign exchange markets. Based on a multilateral implementation of the tax which reduced the prosp
eas Deutsche Bank equity research analysts sometimes have shorter-term trade ideas (known as SOLAR ideas) that are consistent or inconsistent with Deutsche Bank's existing longer term ratings. These trade ideas can be found at the SOLAR link at http://gm.db.com. 3. Country-Specific Disclosures Australia and
Entities connected to both Eric Schmidt and Deutsche Bank

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