EFTA01455146

To: Caroline Kitidis Date: 08/12/2014 03:55 PM Subject: Re: Fw: Indicative Levels - USDCNH lyr Options [I] classification: For internal use only caroline, i have spared you and others all the emails about mistakes and i have taken the brunt of the complaints and managed the relationship, i have not set up the call on the put yet hence it was never set up, he's not responding sometimes because of his experience, any client would do the same, let's talk off line. Paul Morris Managing Director Deutsche Bank Private Bank New York NY 4 Office: Cell: From: Caroline Kitidis/db/dbcom To: Paul Morris/db/dbcom@OSAMERICAS, Cc: Andrew Gallivan Date: 08/12/2014 03:33 PM Subject: Re: Fw: Indicative Levels - USDCNH lyr Options [I] classification: For internal use only Agree - not good enough. Having said that, there are mistakes that are made and we can't nit pick each one of them. Jeffreys experience hasnt been optimal, and with the addition of new coverage, this will change. Having said that, we need to manage him better as well, has to be a better 2 way dialogue. we had a call with him last week that he canceled on Put opportunity. There are multiple times where he doesnt respond etc. so in general we need the flow to be better both ways. Kind regards, Caroline Kitidis (Embedded image moved to file: pic32269.gif) Caroline V. Kitidis Managing Director I Head of Key Client Partners & wealth Investment Coverage - Americas Deutsche Bank Securities Inc Deutsche Asset & Wealth Management New Y -0004 Tel. Mobile CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 113706 CONFIDENTIAL SDNY_GM_00259890 EFTA01455146