EFTA01411777

Subject: Re: Southern Financial Call - 5/28/2015 [I] From: Stewart Oldfield Date: Thu, 28 May 2015 17:05:39 -0400 To: Vahe Stepanian Paul Morris Cc: Daniel Sabba Ariane Dwyer Classification: For Internal Use Only Thanks. If JE wants to be more active in the notes space, let's chat. Glad to hear he will consider non-otc. Stewart Oldfield, CFA, CAIA Director Deutsche Deutsche 345 Park Tel: Mobile: Email: Bank Trust Company Americas Asset & Wealth Management Avenue, New York, NY 10154 blackberry Securities offered through Deutsche Bank Securities Inc. From: Vahe Stepanian Sent: Thursday, May 28, 2015 03:22 PM To: Paul Morris; Stewart Oldfield Cc: Daniel Sabba; Ariane Dwyer Subject: Southern Financial Call - 5/28/2015 [I] Classification: For internal use only FYI - Daniel spoke to Jeffrey this afternoon about the following: 1) Trade #1: Bullish USDJPY Seagull — pricing sent to JEE a few minutes ago 2) Trade #2: drug royalty financing trade — discussed high level bullet points. He would like to see an NDA, which we'll follow up with next week should DB be awarded mandate. 3) Trade #3: CS Autocallable note linked to lesser of: SPX/RTY/SXSE. STG reached out to CS for pricing, which we will share with the client ASAP. 4) Trade #4: TWTR TRS and sold call option trade update. Details of monthly reset forwarded to JEE a few minutes ago. EFTA01411777 Thank you, Vahe Vahe Stepanian Assistant Vice President I Key Client Partners Deutsche Bank Securities Inc. Tel. Mobile Email All trade execution information contained herein is being provided as an accommodation at your request in advance of your receipt of the official trade confirmation(s). Additional trade detail information available upon request. The terms of the trade(s) may be subject to change prior to settlement, and therefore the official trade confirmation(s) and account statements issued by Deutsche Bank shall govern. Deutsche Bank is not responsible for any discrepancy between the informal execution report and the official trade confirmation(s) or account statements. EFTA01411778