EFTA Document EFTA01423217

Subject: RE: Commentary on February flows [I] From: Leslie Roth a> Date: Fri, 01 Mar 2019 16:49:35 -0500 To: Donna Kerrigan Stewart Oldfield Peter Maroney Cc: Maria-Cristina Rado Confirmed this outflow will be reported in House for February. Leslie Roth Deutsche Bank AG, Filiale New York Wealth Management 345 Park Avenue, 10154-0004 New York, NY, USA Tel. Mobile Email From: Donna Kerrigan Sent: Friday, 1 March, 2019 4:27 PM To: Stewart Oldfield >; Peter Maroney Cc: Leslie Roth ; Maria-Cristina Rado <maria- [email protected]> Subject: RE: Commentary on February flows [I] Classification: For internal use only Hi Stewart — thanks for confirming. Pete — We're aware of this outflow it just happens to be against a name I didn't recognize. EFTA01423217 Leslie — This is the client we reassigned to House. Please confirm the outflow is not reported against Stewart? Thanks, Donna From: Stewart Oldfield Sent: Friday, March 01, 2019 4:17 PM To: Peter Maroney Cc: Leslie Roth < ; Maria-Cristina Rado <maria- [email protected]>; Donna Kerrigan a> Subject: RE: Commentary on February flows [I] Classification: For internal use only The bank decided to exit the client relationship. Thanks From: Peter Maroney Sent: Friday, March 01, 2019 3:57 PM To: Stewart Oldfield Cc: Leslie Roth < ; Maria-Cristina Rado <maria- [email protected]> Subject: Commentary on February flows Hi Stewart, I work in Wealth Management Business Performance Management and every month we collect commentary on the large flows. Last week we see client Southern Financial had a $61.8M outflow from brokerage. Can you provide a brief comment on that outflow. EFTA01423218 Specific things we are looking for: Did client withdraw assets due to negative DB headline? Is this normal course of business (client paying taxes....)? Is this expected to be temporary (client withdrew funds for temporary liquidity but we expect an inflow in the near future)? Thanks, Peter Maroney WM Americas Deutsche Bank 14th Floor 345 Park Ave New York, New York 10154 Phone # EFTA01423219