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nk Wealth Management 1 EFTA01477940 Discretionary Portfolio Management At a glance Assets entrusted to us AuM € billion Global Regions 20 Americas 17 EM EA Frankfurt Zurich, Geneva Luxembourg Boston Chicago San Francisco Los Angeles Baltimore London Madrid New York Hong Kong Singa
bonds provide exemption from federal tax and depending on your state of residence may be exempt from state and local tax. Income may be subject to the Alternative Minimum Tax. There are additional risks associated with International investing. High Yield Fixed Income — Investing in high yield bonds, which tend to be mo
nk Wealth Management 1 EFTA01478010 Discretionary Portfolio Management At a glance Assets entrusted to us AuM € billion Global Regions 20 Americas 17 EM EA Frankfurt Zurich, Geneva Luxembourg Boston Chicago San Francisco Los Angeles Baltimore London Madrid New York Hong Kong Singa
bonds provide exemption from federal tax and depending on your state of residence may be exempt from state and local tax. Income may be subject to the Alternative Minimum Tax. There are additional risks associated with International investing. High Yield Fixed Income — Investing in high yield bonds, which tend to be mo
for the past 50 years no longer hold true...If we are committed to investing in ideas to improve — not just maintain — what we have and what we know, the United States will do more than just recover from this recession. We will emerge, once again, as a competitive, global powerhouse...lnnovation...accrues to countri
nergy tax preferences for the oil and gas industry / depreciation rules) e International tax reform including a territorial system@ Note: 1) AMT is the Alternative Minimum Tax; 2) PEP is Personal Exemption Phase-out designed to eliminate personal income exemptions for high earners; 3) Pease is a similar phase-out, but inst
Entities connected to both United States and the Alternative Minimum Tax

Jeffrey Epstein
PERSON
New York
LOCATIONDeutsche Bank Trust Company Americas
ORGANIZATION
Julie K. Brown
PERSON
Richard Kahn
PERSON
Eric Trump
PERSON
Deutsche Bank
ORGANIZATION
Bloomberg L.P.
ORGANIZATION
Milan
LOCATION
Frankfurt
LOCATION
Geneva
LOCATION
New Zealand
LOCATION
Baltimore
LOCATION
Denmark
LOCATION
Paul Morris
PERSON
Norway
LOCATION
The Wall Street Journal
ORGANIZATION
Belgium
LOCATION
Vienna
LOCATION
Finland
LOCATION