Epstein Secrets

however, heavy positioning and potential transitory increase in risk aversion could induce a temporary break in the appreciation trend. Figure 1: LatAm and Asia FX on overvaluation territory environment of reduced volatility. Nevertheless, as the deterioration of fundamentals slowly spreads from t

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

l Head of Research Marcel Cassard Global Head CB&S Research Asia-Pacific Fergus Lynch Regional Head International Locations Deutsche Bank AG Deutsche Bank Place Australia Tel: D t iei n n London EC2N 2EQ United Kin dom Tel: Deutsche Bank AG 1rma Tel: .1111111. Deutsche Bank Securities Inc. United S

rector Equity Research North America Steve Pollard Regional Head Global Disclaimer The information and opinions in this report were prepared by Deutsche Bank AG or one of its affiliates (collectively "Deutsche Bank"). The information herein is believed to be reliable and has been obtained from public source

ider this report in deciding to trade on a proprietary basis. Unless governing law provides otherwise, all transactions should be executed through the Deutsche Bank entity in the investor's home jurisdiction. In the U.S. this report is approved and/or distributed by Deutsche Bank Securities Inc., a member of th

ustomer threatening litigation against Deutsche Bank AG or any of subsidiaries? (If Yes, provide details below and contact Quality Mgt 0 Yes No (LatAm/Int7) or the Regulatory Control Group and notify Compliance Inuned,ately) G' Does the client or related party have any financial or other associati

ls. The beneficiaries are: Darren Indyke Richard Kahn I I To the best of your knowledge, is the entity party to a non-banking relationship with Deutsche Bank (e.g. external legal counsel, client referral source, supplier of goods or services)?: N/A Yes • No n Describe Nature of Entity's Primary Busines

been convicted of a criminal offense? @Yes 0 No To the best of your knowledge, has the customer ever been involved in any past litigation against F Deutsche Bank AG or any of its subsidiaries subsidiariesor is the customer threatening litigation against Deutsche Bank AG or any of subsidiaries? (If Yes, provide

stomer threatening litigation against Deutsche Bank AG or any of Its subsidiaries? (If Yes, growth, *tads baby and contad Quaaty 0 Yes RI No Mgt. (LatAm/Int7) ache Regulatwy Control Group am/ nobly Compaanc• immethitery) G. Does the client or related party have any financial or other association / In

ed them whit Paul was at JPPlorgan. Over the course of a few meetings Paul was able to get Jeffrey to bring some of his funds over to Deutsche Bank Don Deutsche Bank pay a retrocession a similar O Yes I O No compensation to a third party for the introduction of this relationship' (ft Yes, desenbe) List all

tomer threateMng litigation against F. 0 Yes 12 No Deutsche Bank AG or any of its subsidiaries' at Yes, ppvide details batw and contact Quay NO. (LatAm/Intl)of the Rego/may Control Group and nobly Complexe immediately) financial Does the client or related party have any or other association / Inte

ntity to the ultimate beneficial owner (i/not the same persona To the best of your knowledge, Is the entity party to a non-banking relationship with Deutsche Bank (e.g. external legal counsel, client r *nal source, supplier of goods or services)? yes U — No Fa Describe Nature of Entity's Primary Business an

the customer threatening litigation against Deutsche Bank AG or any of its subsidiaries? (If Yes, provide details below and contact Quality Mgt. (LatAm/Int'l) or the Regulatory Control Group and notify Compliance immediately) G Does the client or related party have any financial or other associati

neficiaries are: Darren Indyke Karyna Shuliak Richard Kahn To the best of your knowledge, is the entity party to a non-banking relationship with Deutsche Bank (e.g. external legal counsel, client referral source, supplier of goods or services)?: EFTA01399241 N/A Yes Describe Nature of Entity's Primary