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301809, Faisaliah Tower 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 only undertake the financial services activities that fall within the scope of its existing DFSA license. Prin
ook 2016: Managing with less liquidity Key Economic Forecasts Advanced economies US Japan Euro area Germany France Italy Spain Netherlands Belgium Austria Finland Greece Portugal Ireland United Kingdom Denmark Norway Sweden Switzerland Canada Australia New Zealand EEMEA Czech Repu
country. In fact, the country clustering is even more concentrated than it looks if we allow for the fact that the bigger of the two upside outliers, Belgium (1.8% inflation), has experienced a presumably unrepeatable increase in the tax rate on electricity from 6% to 21%, as well as other excise duty incr
Page: HOUSE_OVERSIGHT_014744 →nch Securities, Moscow, regulated by the Central Bank of the Russian Federation; Merri DIFC}: Merrill Lynch International (DIFC Branch}, regulated by the Dubai Financial Services Authority (DFSA); Merrill Lynch (Spain): Merrill Lynch Capital Markets Espana, S.AS.V., regulated by ill Lynch Banco Multiplo S.A. regulated by Comissdo de Va
Page: HOUSE_OVERSIGHT_014785 →by UBS AG, authorized and regulated in the UK by the Financial Services Authority. A member of the London Stock Exchange. This publ
or investment business activities in Bahrain. Therefore, Clients have no protection under local banking and investment services laws and regulations. Belgium: This publication is not intended to constitute a public offering or a comparable solicitation under Belgian law, but might be made available for inf
Page: HOUSE_OVERSIGHT_025290 →ce 305, Dubai, United Arab Emirates. Regulated by the Dubai Financial Services Authority. France, Finland, Greece, Luxembourg, Norway, Po
se with Institutional Investors in Bermuda, Chile, Panama and Peru. For the distribution of this document, Continental Europe is defined as Austria, Belgium, France, Finaland, Greece, Luxembourg, Norway, Portugal, Denmark, Germany, Italy, the Netherlands, Spain, Sweden and Switzerland. This document is f
Page: HOUSE_OVERSIGHT_026728 →Entities connected to both the Dubai Financial Services Authority and Belgium

Norway
LOCATION
Finland
LOCATION
Denmark
LOCATION
United Kingdom
LOCATION
Jeffrey Epstein
PERSON
Luxembourg
LOCATION
Hungary
LOCATION
United States
LOCATION
New Zealand
LOCATION
Romania
LOCATION
Czech Republic
LOCATION
Bulgaria
LOCATION
Malaysia
LOCATION
Donald Trump
PERSON
Cyprus
LOCATION
Marc Rich
PERSON
Barack Obama
PERSON
George W. Bush
PERSON
Bloomberg L.P.
ORGANIZATION
European Union
ORGANIZATION