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From: jeffrey E. <[email protected]> Sent: Monday, November 9, 2015 9:28 PM To: Richard Kahn Subject: Re: Royal Bank of Scotland 7.64% Fixed-to-Float Pfd million On Mon, Nov 9, 2015 at 10:25 PM, Richard Kahn <mailt°a > wrote: thought this was interesting a= it would yield
ales/Middle Markets Group Morgan Stanley=Wealth Management Midtown Manhattan Complex 1290 Aven=e of the Americas, 12th Floor I New York, NY 10104 Tel/Direct: <tel Fax: <mailto 3 EFTA_R1_01597175 EFTA02480984 Important Notice to Recipients: Please do not use e-mail to request, authorize or effect
From: Richard Kahn < la> Sent: Tuesday, November 10, 2015 9:25 PM To: jeffrey E. Subject: Re: Royal Bank of Scotland 7.64% Fixed-to-Float Pfd Trade executed at 105.00 vs 105.25 on RBS Fixed to Float =refferred Yield to =all now 4.8104% vs 4.6871% Richard Kahn HB
ales/Middle Markets Group Morgan Stanley Wealth Management Midtown Manhattan =omplex 1290 Avenue of the Americas, 12th Floor = New York, NY 10104 Tel/Direct: + Important Notice =o Recipients: Please do not use e-mail to request, authorize or effect the purchase or sale of any =ecurity or commodity. Unf
From: Richard Kahn < Sent: Monday, November 9, 2015 9:26 PM To: jeffrey E. Subject: Fwd: Royal Bank of Scotland 7.64% Fixed-to-Float Pfd Attachments: RBS.Bonds.2.24.15.pdf; Untitled attachment 00459.htm thought this was interesting as it would =ield foreign
ales/Middle Markets Group Morgan Stanley Wealth Management Midtown Manhattan =omplex 1290 Avenue of the =mericas, 12th Floor I New York, =Y 10104 Tel/Direct: Fax: <mailto Important Notice to Recipients: 3 EFTA_R1_01939813 EFTA02671086 Please do not use e•mail to request, authorize or effect the pu
Entities connected to both Royal Bank of Scotland and Tel/Direct

Richard Kahn
PERSON
Marc Rich
PERSON
Jeffrey Epstein
PERSON
Prince Andrew
PERSON
United States
LOCATIONMorgan Stanley Smith Barney LLC
ORGANIZATION
Morgan Stanley
ORGANIZATION
Condoleezza Rice
PERSONLexington
LOCATIONRoyal Bk Scotland Grp Plc
ORGANIZATION