EFTA Document EFTA01423680

Subject: FW: Southern financial [C] From: Stewart Oldfield < M > Date: Mon, 03 Jun 2019 13:54:59 -0400 To: Andrew Gallivan Classification: Confidential Let's discuss this one when you get a chance. Thanks From: Robert Frohlich Sent: Friday, May 24, 2019 2:52 PM To: Stewart Oldfield Cc: Leslie Roth Subject: Southern Classification: Confidential Hi Stewart, Donna Kerrigan Below is the complete picture of your financials in USD for 2018 and 2019 YTD including Southern Financial. This goes back to the question as to whether the 2019 YTD Southern Financial revenues of $363k currently mapped to a House account should be mapped back to your name alongside the $-85m NNA outflow (no further flows and revenues expected). As you know, we manually removed the Southern Financial revenues from your 2018 data when we provided Andrew with last year's revenues by RM as part of the target setting process but given that we weren't directly involved in how your 2019 number was derived I suggest you discuss directly with him and we can then act accordingly. If the decision is to not change anything then I suggest Leslie will map the remaining 2018 revenues and flows which are still mapped to your name and we missed out on (for whatever reason) to a House account and there will be no impact on your 2019 financials. USD FY18 Actuals EFTA01423680 Apr19 YTD FY19 Target Revenues Steward Oldfield 3,576,567 1,600,929 4,026,207 Of which: Southern Financial 703,616 0 n.a. Southern Financial House Acc. 486,673 363,457 n.a. NNA (in $m) Steward Oldfield 73.2 EFTA01423681 360.7 110.0 Of which: Southern Financial (49.2) 0.0 n.a. Southern Financial House Acc (7.4) (85.0) n.a. Let us know. Kind regards, Rob Frohlich {https://brandportal.intranet.db.com/img/modules/logo.gif} Robert Frohlich Deutsche Bank AG, Filiale New York Wealth Management EFTA01423682 -0004 York, NY, USA EFTA01423683