3
Shared Docs
3
Same-Page
3 / 3
Mentions
Bureau (IGnsho) No. 117. Member of associations: JSDA. Type II Financial Instruments Firms Association. The Financial Futures Association of Japan. Japan Investment Advisers Association. This report is not meant to solicit the purchase of specific financial instruments or related services. We may charge commissions and fees for cert
er Research Marcel Cassard Global Head FICC Research & Global Macro Economics Richard Smith and Steve Pollard Co-Global Heads Equity Research Michael Spencer Regional Head Mia Pacific Research International Locations Ralf Hoffmann Regional Head Deutsche Bank Research. Germany Andreas Neubauer Regio
Bureau (Kinsho) No. 117. Member of associations: JSDA, Type II Financial Instruments Firms Association, The Financial Futures Association of Japan, Japan Investment Advisers Association. This report is not meant to solicit the purchase of specific financial instruments or related services. We may charge commissions and fees for cert
er Research Marcel Cassard Global Head FICC Research & Global Macro Economics Richard Smith and Steve Pollard Co-Global Heads Equity Research Michael Spencer Regional Head Asia Pacific Research International Locations Ralf Hoffmann Regional Head Deutsche Bank Research, Germany Andreas Neubauer Regi
ureau (Kinsho) No. 117. Member of associations: JSDA, Type II Financial Instruments Firms Association, The Financial Futures Association of Japan, Japan Investment Advisers Association. Commissions and risks involved in stock transactions - for stock transactions, we charge stock commissions and consumption tax by multiplying the
466497 David Folkerts-Landau Group Chief Economist Member of the Group Executive Committee Guy Ashton Global Chief Operating Officer Research Michael Spencer Regional Head Asia Pacific Research International locations Deutsche Bank AG Deutsche Bank Place Level 16 Corner of Hunter & Phillip Streets
Entities connected to both Japan Investment Advisers Association and Michael Spencer

Frankfurt
LOCATION
Deutsche Bank
ORGANIZATIONAndreas Neubauer
PERSONSteve Pollard
PERSON
Sydney
LOCATION
Tokyo
LOCATIONDavid Folkerts-Landau
PERSON
New Zealand
LOCATION
Malaysia
LOCATIONChiyoda-ku
ORGANIZATION
Kowloon
LOCATIONDeutsche Bank Research
ORGANIZATIONRalf Hoffmann
PERSONMarcel Cassard
PERSON
United Kingdom
LOCATION
Bloomberg L.P.
ORGANIZATION
Richard Smith
PERSONNippon
ORGANIZATION
Moody's
ORGANIZATIONthe Kanto Local Finance Bureau
ORGANIZATION