EFTA Document EFTA01468704

Subject: Re: Jeffrey - Payrolls [C] From: Tazia Smith Date: Mon, 05 May 2014 05:36:09 -0400 To: Vinit Sahni Paul Morris Nav Gupta Vahe Stepanian Classification: Confidential Tx Tazia Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management 345 Park Avenue - 26th Floor E-mail: Original Message From: Vinit Sahni Sent: 05/02/2014 04:34 PM GDT To: Paul Morris; Tazia Smith; Nav Gupta Subject: Fw: Jeffrey - Payrolls [C] Classification: Confidential fyi Best Vinit (Embedded image moved to file: pic02258.gif) Vinit Sahni Managing Director I Global Head - Professional Client Group & Key Client Partners Capital Markets Group EFTA01468704 Deutsche Asset & Wealth Management 105/108 Old Broad St (Pinners Hall), EC2N lEN London United Kingdom Email Any proposed ideas are being delivered to you by the DeAWM Key Client Partners ("KCP") London desk for discussion purposes only, and do not create any legally binding obligation on the part of Deutsche Bank AG and / or its affiliates ("DB"). These ideas are for the consideration of the intended recipients of this mail only. The KCP London desk does not provide investment advice. All intended recipients are Professional investors (as defined by MiFID), who understand the strategy, characteristics and risks associated with any ideas proposed herein and will be able to evaluate it independently. All trades on proposed ideas shall be subject to the relevant internal approvals prior to execution. (Embedded image moved to file: pic07213.gif) Forwarded by Vinit Sahni/db/dbcom on 02/05/2014 16:33 From: "jeffrey E." <[email protected]> To: Vinit Sahni/db/- dbcom@DBEMEA, Date: 13:58 02/05/2014 Subject: Re: Jeffrey - Payrolls [C] monday EFTA01468705 On Fri, May 2, 2014 at 2:53 PM, Vinit Sahni a wrote: Classification: Confidential Jeffrey - strong payrolls, positioning was short into the number, reaction could have been more violent. Confirms view that US growth is strong and this could be the start of the market buying the fact that we will see a strong US recovery. Brings us back to US equity growth baskets, US rates higher especially 5s and possibly 5y5y, Equity over credit as volatility picks up...we are now going back to the drawing board and will look for ideas this weekend. if u have 2 mins Nav and I can get on the phone with u Best Vinit (Embedded image moved to file: pic09860.gif) Vinit Sahni Managing Director I Global Head - Professional Client Group & Key Client Partners Capital Markets Group Deutsche Asset & Wealth Management 105/108 Old Broad St (Pinners Hall), EC2N lEN London, United Kingdom Email Any proposed ideas are being delivered to you by the DeAWM Key Client Partners ("KCP") London desk for discussion purposes only, and do not create any legally binding obligation on the part of Deutsche Bank AG and / or its affiliates ("DB"). These ideas are for the consideration of the intended recipients of this mail only. The KCP London desk does not provide investment advice. All intended recipients are Professional investors (as defined by MiFID), who understand the strategy, characteristics and risks associated with any ideas proposed herein and will be able to evaluate it independently. All trades on proposed ideas shall be subject to the relevant internal approvals prior to execution. (Embedded image moved to file: pic25783.gif) EFTA01468706 This e-mail may contain confidential and/or privileged information. If you are not the intended recipient (or have received this e-mail in error) please notify the sender immediately and delete this e-mail. Any unauthorized copying, disclosure or distribution of the material in this e-mail is strictly forbidden. Please refer to http://www.db.com/en/content/eu_disclosures.htm for additional EU corporate and regulatory disclosures and to http://www.db.com/unitedkingdom/content/privacy.htm for information about privacy. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01468707