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Karachi Stock Exchange and regulated by the Securities and Exchange Commission of Pakistan. Saudi Arabia: `Morgan Saudi Arabia Ltd. is authorized by the Capital Market Authority of the Kingdom of Saudi Arabia (CMA) to carry out dealing as an agent, arranging, advising and custody, with respect to securities business under li
• Why you remain risk-off and what catalysts you see over the summer; • Are we heading towards a Lehman moment? • Comment on ratings action by Moody's on banks; Nikolaos Panigirtzoglou (Head of European Asset Allocation): • Why QE seems to be losing its effectiveness • Progress on investor posi
Karachi Stock Exchange and regulated by the Securities and Exchange Commission of Pakistan. Saudi Arabia: Morgan Saudi Arabia Ltd. is authorized by the Capital Market Authority of the Kingdom of Saudi Arabia (CMA) to carry out dealing as an agent, arranging, advising and custody. with respect to securities business under li
acilities in New York. AES Corporation did not expect the bankruptcy filing to impact its previously disclosed FYI I guidance metrics. On 5-Jan-12, Moody's said the DPL acquisition had strengthened AES global portfolio by improving the scale, diversity and cash flow quality of its existing North Americ
license in the Russian Federation. Kingdom of Saudi Arabia: Deutsche Securities Saudi Arabia LLC Company, (registered no. 07073-37) is regulated by the Capital Market Authority. Deutsche Securities Saudi Arabia may only undertake the financial services activities that fall within the scope of its existing CMA license. Pri
the purchase of financial products and/or services, customers should carefully read the relevant disclosures, prospectuses and other documentation. Moody's", "Standard & Poor's", and "Fitch" mentioned in this report are not registered credit rating agencies in Japan unless Japan or "Nippon" is specific
Entities connected to both the Capital Market Authority and Moody's

Deutsche Bank
ORGANIZATION
Bloomberg L.P.
ORGANIZATION
New Zealand
LOCATION
United Kingdom
LOCATION
Malaysia
LOCATION
Frankfurt
LOCATIONthe Monetary Authority of Singapore
ORGANIZATION
United States
LOCATIONthe Dubai Financial Services Authority
ORGANIZATION
Credit Suisse
ORGANIZATION
JPMorgan Chase
ORGANIZATIONDeutsche Bank Securities Inc.
ORGANIZATIONthe Prudential Regulation Authority
ORGANIZATION
Geneva
LOCATIONBaFin
ORGANIZATION
Norway
LOCATION
George W. Bush
PERSONJapan Investment Advisers Association
ORGANIZATION
North America
LOCATIONThe Financial Futures Association of Japan
ORGANIZATION