From: Stewart Oldfield
Sent: 2/1/2017 11:0850 AM
To:
CC: Vahe Stepanian
Subject: Re: DB deposits ICI
Classification: Confidential
Will do. I'm out of the office, can we schedule for 1 or 2 today? Thanks
Stewart Oldfield, CFA, CAIA
Director
Deutsche Bank Trust Company Americas
Deutsche Bank Wealth Management
345 Park Avenue, New York, NY 10154
Tel:
Mobile: blackberry
Email:
Securities offered through Deutsche Bank Securities Inc.
From: Richard Kahn [mailto
Sent: Wednesday, February 01, 2017 10:42 AM
To: Stewart Oldfield
Subject: Re: DB deposits
please call me to discuss attached along with muni structure
thanks
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
tel
fax
cell
On Jan 31, 2017, at 10:54 AM, Stewart Oldfield < > wrote:
Rich,
I didn't want to discuss JE/SF's cash position with Steve in the room yesterday, but we can offer
materially higher deposit rates (65bps currently) if he holds his cash in DBAG's NY Branch.
As we've previously discussed, 08 has a strong appetite to increase deposits directly in the US (as
opposed to moving funding from Germany to the US). Given the resolution of our main DOJ matter at
the end of last year, and new German insolvency laws that went into effect at the beginning of this year
to further protect depositors, I wanted to open a dialog about linking DB AG accounts to his existing
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0064641
CONFIDENTIAL SDNY_GM_00210825
EFTA01371322