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nk AG Deutsche Bank AG Deutsche Securities Inc. Deutsche Bank Place Grog° Gallusstra8e 10-14 Filial° Hongkong 2-11-1 Nagatacho Level 16 60272 Frankfurt am Main International Commerce Centre, Senna Park Tower Corner of Hunter & Phillip Streets Germany 1 Austin Road West,Kowloon, Chiyoda-ku, Toky
reversals, AUD/USD puts r4 9 January 2014 'Research Team London Bilel Hafeez James Malcolm Henrik Gullberg George Sarevelos Siddhanh Kapoor Oliver Harvey Nicholas Weng New York Alan Ruskin Daniel Brehon Dreusio GiacomoIli Guilherme Marone Singapore Sameer Goel Ma'like Sadie!eye Perry Kojodjojo
che Bank Securities Inc., a member of the NYSE, the NASD, NFA and SIPC. In Germany this report is approved and/or communicated by Deutsche Bank AG Frankfurt authorized by the BaFin. In the United Kingdom this report is approved and/or communicated by Deutsche Bank AG London, a member EFTA01464476 of t
and AUD/USD variance swap Research Team London Bilal Hafeez James Malcolm Henrik Gullberg George Saravelos Caio Natividade Siddharth Kapoor Oliver Harvey Nicholas Weng New York Alan Ruskin Daniel Brehon Drausio Giacomelli Guilherme Marone Mauro Roca Singapore Sameer Goel Mallika Sachdeva Sydne
ropean Commission's proposal would apply to the euro currency and eurodenominated products. The ECB, which issues euro currency, is established in Frankfurt, one of the participating member states. If it were, the FTT would have far reaching effects across global financial markets given the euro's statu
ion, the undersigned lead analyst(s) has not and will not receive any compensation for providing a specific recommendation or view in this report. Oliver Harvey Deutsche Bank Securities Inc. Page 49 EFTA01464406 30 July 2013 Exchange Rate Perspectives: FX and the Financial Transaction Tax Regulatory Di
Entities connected to both Frankfurt and Oliver Harvey

Jeffrey Epstein
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Deutsche Bank
ORGANIZATION
Tokyo
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Bloomberg L.P.
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Sydney
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Norway
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New Zealand
LOCATIONSteve Pollard
PERSONAndreas Neubauer
PERSONthe Kanto Local Finance Bureau
ORGANIZATIONDavid Folkerts-Landau
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Malaysia
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Moody's
ORGANIZATIONChiyoda-ku
ORGANIZATIONNippon
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Harvey Weinstein
PERSONDoug Band
PERSON
North America
LOCATIONJapan Investment Advisers Association
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Alan Dershowitz
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