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372 Riyadh, Saudi Arabia. United Arab Emirates: Deutsche Bank AG in the Dubai International Financial Centre (registered no. 00045) is regulated by the Dubai Financial Services Authority. Deutsche Bank AG - DIFC Branch may undertake only the financial services activities that fall within the scope of its existing DFSA license. Its pr
of Germany with its principal office in Frankfurt am Main. Deutsche Bank AG is authorized under German Banking Law and is subject to supervision by the European Central Bank and by BaFin, Germany' s Federal Financial Supervisory Authority. United Kingdom: Approved and/or distributed by Deutsche Bank AG acting through it
conditions supportive of growth. While we expect the European Central Bank (ECB) to gradually shift to a more neutral stance
lica mientras no sean inscritos en el Registro de Valores correspondiente. Dubai: Goldman Sachs International ("GSI"} is authorised and regulated by the Dubai Financial Services Authority ("DFSA’} in the DIFC and the Financial Services Authority ("FSA") authorised by the Prudential Regulation Authority and regulated by the Financial Co
Page: HOUSE_OVERSIGHT_014618 →by UBS AG, authorized and regulated in the UK by the Financial Services Authority. A member of the London Stock Exchange. This publ
tion of US Treasury and German Bund yields are important for EM fixed income spreads, especially for USD- and EUR-denominated bonds. Key date: Dec 6, European Central Bank meeting Capital flows The European debt crisis may lead to further periods of outflows and weaker prices, which could offer attractive entry levels
Page: HOUSE_OVERSIGHT_025275 →Entities connected to both the Dubai Financial Services Authority and the European Central Bank

Deutsche Bank
ORGANIZATION
Riyadh
LOCATION
United Kingdom
LOCATION
Moody's
ORGANIZATION
Malaysia
LOCATION
Frankfurt
LOCATIONStandard & Poor's
ORGANIZATIONBaFin
ORGANIZATION
Barack Obama
PERSONDeutsche Bank Securities Inc.
ORGANIZATIONthe Prudential Regulation Authority
ORGANIZATIONNippon
ORGANIZATION
Marc Rich
PERSON
Donald Trump
PERSON
George W. Bush
PERSON
Michael Bloomberg
PERSONThe Monetary Authority of Singapore
ORGANIZATION
United States
LOCATIONthe Federal Republic of Germany
LOCATION
JPMorgan Chase
ORGANIZATION