document_description: The document introduces the 2006 ISDA Definitions, intended for use in confirmations of individual transactions governed by ISDA Master Agreements. It updates the 2000 ISDA Definitions and provides a framework for documenting privately negotiated interest rate and currency derivative transactions. The document also discusses the potential for future updates and amendments to the definitions.

title: Introduction to the 2006 ISDA Definitions

document_subtype: legal definitions

key_organizations: International Swaps and Derivatives Association, Inc. (ISDA)


source: doj

document_description: The ISDA 2006 Definitions provide a common set of terms for parties to use in preparing Confirmations for privately negotiated derivatives. ISDA does not assume responsibility for the use of these definitions and advises parties to ensure they are appropriate and properly used. ISDA has not reviewed all applicable laws and regulations, and parties should consider relevant jurisdictional requirements.

title: ISDA 2006 Definitions

document_type: legal

document_subtype: guidelines


document_description: The document contains a disclaimer regarding the use of rates, prices, or published indices in connection with a Swap Transaction or any other transaction. It is marked as confidential under Federal Rule of Criminal Procedure 6(e).

document_type: other


document_description: This document outlines the financial centers for various currencies as per sections 1.4(a)(i), 12.4(a), and 18.2(mXi)(A). It specifies the financial centers for currencies such as the Argentine Peso, Australian Dollar, Brazilian Real, and others.

document_type: tabular

key_locations:
Buenos Aires
Sydney
São Paulo
Santiago
Beijing
Prague
Copenhagen
Tallinn
Hong Kong
Budapest
Mumbai
Jakarta
Tel Aviv
Seoul
Beirut
Kuala Lumpur
Mexico City
Wellington
Auckland
Oslo
Karachi
Manila
Warsaw
Bucharest
Moscow

document_subtype: financial centers list


document_description: The document outlines certain business days relevant to financial transactions based on currency and location, and defines various currencies and their lawful status.

key_locations:
Toronto
London
New York
Tokyo

document_subtype: financial document


document_description: This document provides definitions for various international currencies, specifying their names, symbols, and abbreviations. It appears to be part of a larger legal or financial document, as indicated by the confidentiality notice and reference numbers at the end.

key_organizations: Democratic Socialist Republic of Sri Lanka


document_description: This document outlines definitions and terms related to currency, settlement days, and parties involved in swap transactions. It includes definitions for various currencies, business days, and treaties. It also defines the roles of fixed and floating rate payers in swap transactions.

key_locations:
United States
Republic of Turkey
Socialist Republic of Vietnam
European Union

document_subtype: contract

key_organizations: Securities Industry and Financial Markets Association


document_description: This document outlines the definitions and terms related to Swap Transactions, including Effective Date, Termination Date, Initial Exchange Date, Interim Exchange Date, Final Exchange Date, and Trade Date. It also defines payment-related terms such as Initial Exchange Amount, Interim Exchange Amount, and Final Exchange Amount.

document_subtype: Swap Transaction Agreement


document_description: This document outlines definitions related to Swap Transactions, including terms such as Fixed Amount, Floating Amount, Currency Amount, Notional Amount, Calculation Amount, and Payment Date. It specifies how these amounts are determined and the conditions under which they are payable.

document_subtype: Swap Transaction Definitions


document_description: This document outlines the terms and conditions related to Payment Dates and Period End Dates in a Swap Transaction. It specifies the conventions for adjusting these dates, including the Modified Following Business Day Convention and the FRN/Eurodollar Convention. The document also details how these conventions apply to different subsections and scenarios within the Swap Transaction.


document_description: This document outlines the terms related to Business Day Convention, Calculation Period, and Calculation Agent in the context of Swap Transactions. It specifies how dates are adjusted if they fall on non-Business Days, defines the Calculation Period for Swap Transactions, and details the responsibilities of the Calculation Agent in calculating rates, amounts, and providing necessary notifications.


document_description: The document outlines the terms and conditions related to the calculation of payment dates, day count fractions, and the role of the Calculation Agent in a financial agreement. It specifies how the Calculation Agent should act in good faith and in a commercially reasonable manner when determining rates and making calculations. The document also defines various day count fraction methods for calculating payments in swap transactions.


document_description: The document outlines the calculation method for determining the number of days in a Calculation Period or Compounding Period using the 30E/360 or Eurobond Basis. It provides a formula for calculating the Day Count Fraction, which involves the years, months, and days of the period in question.


document_description: This document outlines the definitions and calculations related to Fixed and Floating Amounts in a Swap Transaction Agreement. It specifies how Fixed and Floating Rates are determined, including the application of Compounding and the use of Cap and Floor Rates.


document_description: This document outlines the terms and conditions for determining the Floating Rate in a Swap Transaction. It specifies the methods for calculating the Floating Rate based on different scenarios, such as the presence of a per annum rate, the number of Reset Dates, and the calculation method (Unweighted or Weighted Average). It also defines terms like 'Reset Date' and 'Relevant Rate' and their application in the context of Swap Transactions.


document_description: This document outlines the terms and conditions related to the calculation of floating amounts in a swap transaction. It defines key terms such as 'Rate Cut-off Date', 'Spread', and 'Floating Rate Day Count Fraction'. It also specifies the day count fractions for various floating rate options.


document_description: This document outlines definitions and terms related to Swap Transactions, including Floating Rate Options, Rate Options, Cap Rate, Floor Rate, and Compounding definitions. It specifies how Floating Amounts are calculated and the role of Compounding in these calculations.


document_description: The document outlines the calculation methods for compounding periods and negative interest rates in a financial agreement. It specifies the formulas for Basic Compounding Period Amount, Additional Compounding Period Amount, and Flat Compounding Amount. It also details the application of the Negative Interest Rate Method in swap transactions, including how negative floating amounts are handled.


document_description: The document outlines provisions related to the calculation and payment of floating amounts in swap transactions, particularly when negative floating rates or spreads are involved. It specifies conditions under which the 'Zero Interest Rate Method' applies, affecting the payment obligations of parties involved in swap transactions. Additionally, it details the calculation of rates for certain floating rate options, including the 'AUD-AONIA-OIS-COMPOUND' rate for Australian Dollar transactions.


document_description: The document outlines the procedures for determining interest rates for Australian Dollar bills of exchange based on various financial screens and conditions. It specifies the calculation methods for different scenarios when rates are not available on the designated screens.


document_description: This document outlines various definitions related to Canadian Dollar interest rates, including CAD-BA-CDOR, CAD-BA-CDOR-Bloomberg, CAD-BA-Reuters, CAD-BA-Reference Banks, CAD-TRILL-Reuters, and CAD-TBILL-Reference Banks. These definitions specify how rates are determined for Canadian Dollar bankers acceptances and Government of Canada Treasury bills based on different sources like Reuters and Bloomberg screens, or through quotations from reference banks.

document_subtype: financial definitions

key_organizations:
Reuters
Bloomberg
Government of Canada


document_description: The document outlines various methods for determining the interest rate for Canadian Dollar deposits on a Reset Date, including CAD-LIBOR-BBA, CAD-LIBOR-BBA-Bloomberg, CAD-LIBOR-BBA-SwapMarker, CAD-LIBOR-Reference Banks, CAD-REPO-COBRA, and CAD-CORRA-OIS-COMPOUND. Each method specifies the source and calculation for the rate, such as Reuters, Bloomberg, SwapMarker, and Bank of Canada.

key_locations: Toronto London

key_organizations:
Government of Canada
Reuters
Bloomberg
SwapMarker
Bank of Canada


document_description: The document outlines the calculation methods for interest rates related to DKK-LIBOR-DKNA13 and DKK-CIBOR2-DKNA13, as well as the DKK-DKKOIS-OIS-COMPOUND rate. It specifies the procedures for obtaining rate quotations from reference banks in Copenhagen and the formula for calculating the DKK-DKKOIS-OIS-COMPOUND rate based on daily compound interest.

document_type: financial

document_subtype: financial agreement


document_description: The document outlines various methods for determining the interest rate for deposits in euros based on different financial indices and platforms such as Reuters and Bloomberg. It describes the procedures for calculating rates using EURIBOR and LIBOR references, including fallback options if the rates are not available on the specified pages. The document also specifies the role of Reference Banks and the Calculation Agent in determining the rates.

key_locations: Brussels London Euro-zone

key_organizations:
Reuters
Bloomberg
Reference Banks


document_description: This document provides definitions and formulas for various financial terms related to interest rate calculations, including EURONIA, EUR-EONIA-AVERAGE, EUR-TEC10-CNO, and EUR-TEC10-CNO-SwapMarker. These terms are used to determine rates for financial instruments based on overnight rates and interbank euro money market rates.

key_locations: London Euro-zone Paris

key_organizations:
Wholesale Markets Brokers' Association
European Central Bank


document_description: The document outlines the determination of EUR-Annual Swap Rates for euro swap transactions with specified maturities. It details the sources for obtaining these rates, such as Bloomberg and Reuters screens, and the fallback procedures if the rates are not available on these platforms.

key_organizations: Bloomberg Reuters


document_description: This document outlines the determination of various EUR swap rates for financial transactions, specifying the reference pages and times for rate retrieval, and the fallback options if rates are not available.

key_locations: Frankfurt London Brussels


document_description: The document defines various financial terms related to EUR and HKD swap rates, including the calculation methods and reference sources for these rates. It specifies the time and location for rate determination and outlines procedures if rates are not available on specified platforms.

key_locations:
London
Frankfurt
Brussels
Hong Kong


document_description: The document outlines various financial rate determination methods for Hong Kong Dollar deposits, including HKD-HIBOR-HICAB, HICD-HIBOR-HKAB-Bloomberg, HKD-HIBOR-Reference Banks, and HKD-HONIX-OIS-COMPOUND. Each method specifies how rates are determined based on different financial screens or reference banks.

key_organizations: Reuters Bloomberg


document_description: The document outlines various financial reference rates and their calculation methods, including HONIX, HKD-ISDA-Swap Rates, and HUF-BUBOR rates. It specifies how these rates are determined and what happens if the rates do not appear on the designated Reuters Screen pages. The document also mentions the role of Calculation Agents and Reference Banks in determining these rates.

key_locations:
Hong Kong
Budapest

key_organizations:
Hong Kong Brokers' Association
Reuters
National Bank of Hungary


document_description: The document outlines the calculation methods for interest rates in different currencies, specifically focusing on the Hungarian Forint and Indian Rupee. It describes the process for determining rates when a certain number of quotations are obtained and provides a detailed formula for calculating the INR-MIBOR-O1S-COMPOUND rate, which involves daily compound interest based on the Mumbai Inter-Bank Offered Rate (MIBOR).

key_locations: Hungary India Mumbai

key_organizations:
National Bank of Hungary
FIMMDA
National Stock Exchange of India


document_description: The document outlines the procedure for determining the interest rate for a financial instrument when the rate is not available on standard financial platforms. It specifies alternative sources and methods for calculating the rate, including the use of the Reuters Screen MIBR= Page and FIMMDA's Website. It also describes the calculation method for the INR-MITOR-OIS-COMPOUND rate, which involves daily compound interest based on the Mumbai Inter-Bank Tomorrow Offered Rate.

key_locations: India Mumbai

key_organizations:
FIMMDA
National Stock Exchange of India
Reuters


document_description: The document outlines the calculation of various financial rates, including LIBOR, INR-MIOIS, INR-BMK, and INR-INBMK-REUTERS, for financial agreements. It specifies the methods for determining these rates based on data from Reuters and FIMMDA, and provides fallback options if the rates are unavailable.

key_organizations: Reuters FIMMDA


document_description: The document outlines various financial rate determination methods for Yen swap transactions and deposits, including JPY-BBSF-Bloomberg, JPY-LIBOR-FRASETT, JPY-LIBOR-BBA, JPY-LIBOR-BBA-Bloomberg, JPY-LIBOR-Reference Banks, JPY-MUTANCALL-TONAR, and JPY-TIBOR-TIBM (10 Banks). Each method specifies how rates are determined based on different financial information sources such as Bloomberg and Reuters screens, and the process for determining rates if the specified rates are unavailable.

key_locations: Tokyo London


document_description: The document outlines various methods for determining the JPY-TIBOR-TIBM rate for a Reset Date, including options for 5 Banks, All Banks, All Banks-Bloomberg, ZTIBOR, Reference Banks, and TSR-Reuters. Each method specifies the source of the rate, the time of determination, and the procedure if the rate does not appear on the specified screen.


document_description: This document outlines various financial rate definitions related to Yen swap transactions, including JPY-1SDA-Swap Rate, JPY-TSR-Reuters, JPY-ISDA-Swap Rate, WY-TSR-Reference Banks, and JPY-TONA-01S-COMPOUND. These definitions specify how rates are determined for Reset Dates based on different time references and sources such as Reuters and Bloomberg.


document_description: The document outlines the procedures for determining interest rates for certificates of deposit in Korean Won and Malaysian Ringgit. It specifies the sources and methods for obtaining these rates, including the use of quotations from reference dealers and banks.

key_locations:
Seoul
Kuala Lumpur

key_organizations:
Korean Securities Dealers Association
Reference Dealers
Reference Banks


document_description: The document outlines the determination of interest rates for Mexican Pesos and New Zealand Dollars for financial transactions. It specifies the sources and methods for obtaining the Tasa de Interes Interbancaria de Equilibrio (TIIE) for Mexican Pesos and the New Zealand Dollar bills of exchange rates. The document details the procedures for using official publications, Bloomberg, Reuters, and reference banks to establish these rates.

key_locations:
Mexico City
Wellington

key_organizations:
Banco de Mexico
Bloomberg
Reuters


document_description: The document outlines the terms for determining the floating interest rates for New Zealand Dollar bills of exchange. It specifies different methods for calculating the rates, including NZD-BBR-FRA, NZD-BBR-Reference Banks, and NZD-NZIONA-OIS-COMPOUND. Each method involves specific procedures and reference points, such as the Reuters Screen BKBM Page and the Reserve Bank of New Zealand's official cash rate.


document_description: The document outlines the determination of floating interest rates for various currencies, including Polish Zloty (PLN), Saudi Arabian Riyal (SAR), and Singapore Dollar (SGD). It specifies the procedures for calculating these rates based on interbank market quotations and reference banks.

key_locations: Warsaw Riyadh Singapore

key_organizations:
Reuters
Warsaw interbank market
Riyadh interbank market


document_description: The document outlines the procedure for determining the interest rate for a financial instrument based on the Singapore Dollar Swap Offer Rate (SGD-SOR). It describes the roles of Reference Banks and the Calculation Agent in obtaining and calculating rates, including the use of the Reuters Screen ABSIRFIX01 Page and alternative methods if necessary. The document also details the formula for calculating the rate using Spot Rate and Forward Points.


document_description: The document outlines financial calculation methods related to forward points, USD rates, and SOD-SONAR-CMS-COMPOUND rates. It specifies how forward points are determined based on quotations, the definition of 'n# days', and the calculation of USD rates using the USD SIBOR rate. Additionally, it describes the calculation of SOD-SONAR-OIS-COMPOUND rates using a formula involving the SONAR rate, which is the Singapore Dollar daily overnight swap offer reference rate.

key_organizations:
Reuters
Association of Banks in Singapore


document_description: The document outlines the determination of interest rates for financial instruments in Slovak Koruna and South African Rand. It specifies the methods for calculating rates using different financial screens and reference banks for both currencies.

key_locations: Bratislava Johannesburg


document_description: The document outlines the determination of various interest rates for financial transactions, including ZAR-PRIME-AVERAGE, ZAR-DEPOSIT-SAFEX, and GBP-LIBOR-BBA. It specifies the methods for calculating these rates based on quotations from reference banks or published rates on Reuters Screen SAFEY Page. The document also details procedures for when rates are unavailable or cease to be published.

key_locations: Johannesburg London

key_organizations: SAFEX Reuters


document_description: The document outlines various methods for determining the GBP-LIBOR rate for a Reset Date, including GBP-LIBOR-BBA-Bloomberg, GBP-LIBOR-Reference Banks, GBP-ISDA-Swap Rate, GBP-Semi-Annual Swap Rate, and GBP-Semi-Annual Swap Rate-Reference Banks. Each method specifies the source of the rate and the procedure if the rate is not available on the specified page.


document_description: The document outlines the determination of interest rates for Swedish Kronor deposits based on different rate options such as SEK-S17BOR-Bloomberg, SEK-STIBOR-Reference Banks, and SEK-SIOR-OIS-COMPOUND. It describes the calculation methods and conditions under which these rates are applied.


document_description: The document outlines the calculation methods for various Swiss Franc interest rates, including CHF-LIBOR-BBA, CHF-LIBOR-BBA-Bloomberg, CHF-LIBOR-Reference Banks, and CHF-TOIS-OIS-COMPOUND. It specifies how rates are determined for reset dates based on different financial data sources and conditions.

key_locations: London Zurich Stockholm


document_description: The document outlines the procedures for determining interest rates for financial instruments in Taiwanese Dollar (TWD) and Thai Baht (THB). It specifies the sources and methods for obtaining these rates, including Reuters screens and reference banks.

key_locations: Taipei Singapore

key_organizations:
Reuters
Taiwan Secondary Markets
Reference Dealers
Calculation Agent


document_description: The document outlines the calculation methods for financial rates and points related to currency exchanges and deposits, specifically involving Thai Baht and U.S. Dollars. It details the determination of Spot Rate, Forward Points, and USD Rate, including the use of quotations from Reference Banks and specific Reuters Screen Pages for rate references.

key_locations: Singapore Bangkok

key_organizations:
Reuters
Reference Banks


document_description: The document outlines the definitions and calculation methods for USD-CMT-T7051 and USD-CMT-T7052, which are rates based on United States Treasury securities at 'constant maturity'. It details the procedures for determining these rates using data from the Reuters Screen and H.15(519), and the role of the Calculation Agent in the event of missing data.

key_organizations: United States Department of the Treasury

key_organizations: Federal Reserve System Board of Governors


document_description: The document outlines various financial rate determination methods for different financial instruments, including USD-Federal Funds, USD-FFCB-DISCO, USD-LIBOR-BBA, USD-LIBOR-BBA-Bloomberg, USD-LIBOR-LIBO, and USD-LIBOR-Reference Banks. It specifies how rates are calculated based on different sources like Bloomberg and Reuters screens, and the role of Reference Dealers and Banks in determining these rates.

key_locations:
New York City
London

key_organizations:
Bloomberg
Reuters
Federal Fami Credit Banks
FFCB Funding Corporation


document_description: The document outlines various financial rate definitions and methodologies for determining rates on reset dates. It includes definitions for USD-Prime-H.15, USD-Prime-Reference Banks, USD-SIBOR-SIBO, USD-SIBOR-Reference Banks, and USD-TBILL-H.15. These definitions specify how rates are calculated using different sources such as H.15(519), Reuters Screen, and quotations from reference banks.

key_locations:
New York City
Singapore

key_organizations:
H.15(519)
Reuters Screen
Reference Banks


document_description: The document outlines procedures for determining the rate of United States Treasury bills of the Designated Maturity when auctioned on a Reset Date. It specifies the sources for rate information, including Reuters and Bloomberg screens, and the H.15 Daily Update. It also details the process if the rate does not appear on these sources or if Treasury bills are not auctioned during a specified period.

document_subtype: financial regulation


document_description: The document outlines various financial rate definitions and methodologies for determining rates on reset dates. It includes definitions for USD-TIBOR-Reference Banks, USD-Treasury Rate-T500, USD-Treasury Rate-ICAP BrokerTcc, and USD-Treasury Rate-SwapMarker99. These definitions describe how rates are calculated based on quotations from reference banks, mid-market yields, and secondary market prices.

key_locations:
New York City
Tokyo

document_subtype: financial rate definitions

key_organizations:
Reference Banks
ICAP
Reuters


document_description: The document outlines various financial rate definitions related to United States Treasury securities and federal funds. It describes how rates are determined for different reset dates using mid-market yield-to-maturity and secondary market prices. It also includes a formula for calculating the USD-Federal Funds-H.15-OIS-COMPOUND rate.

key_organizations:
United States Treasury
Federal Reserve


document_description: The document outlines criteria and procedures for tax-exempt state and local government bonds, including details on USD-S&P Index-High Grade floating rate options, spot FX fixings, and information sources for financial data.

key_organizations: Securities Industry and Financial Markets Association


document_description: This document provides definitions and explanations for various financial and market-related terms, including FIMMDA, H.15(519), ICAP SwapPX Screen, and others. It also defines 'Successor Source' and terms related to Floating Rate Options.

document_type: correspondence

key_locations:
India
United States
South Africa

key_organizations: Fixed Income Money Market and Derivatives Association of India


document_description: The document defines 'Reference Banks' for various floating rate options, specifying the financial institutions or banks authorized to quote rates for different currencies and markets.

key_locations:
London
Prague
Copenhagen
Euro-zone
Hong Kong
Budapest
Mumbai
Jakarta
Tel Aviv
Kuala Lumpur

key_organizations:
Reuters
National Bank of Hungary


document_description: This document outlines the designated banks for various floating rate options in different international markets. It specifies the number of major banks or swap dealers required for each floating rate option in markets such as Mexico, New Zealand, Oslo, Warsaw, Riyadh, Singapore, Bratislava, Johannesburg, London, Stockholm, and New York City.

key_locations:
Mexico
New Zealand
Oslo
Warsaw
Riyadh
Singapore
Bratislava
Johannesburg
London
Stockholm
New York City


document_description: The document outlines various floating rate options and the selection of reference banks or dealers for each option. It specifies the number of major banks or dealers required for different currency-based floating rate options in the Tokyo interbank market, Euro-zone, and New York City. The selection is made by the Calculation Agent or specified for the Swap Transaction.

key_locations:
Tokyo
Euro-zone
Budapest
New York City
Taipei

key_organizations:
Tokyo Interbank Market
European Union
Hungarian Forex Association
New York City Financial Market


document_description: This document outlines definitions and procedures related to price source conversion, corrections to published rates, and rounding in the context of swap transactions. It specifies terms such as 'Successor Price Source' and 'Successor Price Source Effective Date', and details how corrections to rates should be handled. It also describes rounding procedures for calculations related to swap transactions.


document_description: This document outlines the rounding of currency amounts, interpolation, and discounting methods for financial transactions. It specifies how different currencies should be rounded, the method for linear interpolation of rates, and the calculation of discounted amounts for swap transactions.


document_description: This document outlines the terms and conditions related to Swap Transactions, including the calculation of FRA Amounts, the application of Cap and Floor Rates, and the determination of payments in relation to Calculation Periods. It specifies the roles of Fixed Rate Payers and Floating Rate Payers under different scenarios and the application of FRA Yield Discounting for certain transactions.


document_description: This document outlines the terms and definitions related to Mark-to-Market Currency Swaps, including the roles of Variable Currency Payer and Constant Currency Payer, and the calculation of Variable and Constant Currency Amounts.

title: Mark-to-Market Currency Swaps


document_description: This document outlines the terms and conditions related to currency exchange rates and the application of the ISDA MTM Matrix for Mark-to-market Currency Swaps. It specifies methods for determining currency exchange rates, the application of the ISDA MTM Matrix, and definitions related to MTM Amounts and Option Transactions, including Swaptions.


document_description: This document outlines definitions and provisions related to option transactions, specifically focusing on Swaption Straddles and the roles of parties involved in such transactions. It defines terms such as Seller, Buyer, Seller's Agent, and Exercising Party, and explains their roles and responsibilities in the context of Swaption and Swap Transactions.

title: Certain Definitions and Provisions Relating to Option Transactions

document_subtype: definitions and provisions


document_description: This document outlines various terms and definitions related to option transactions, including styles of options (American, Bermuda, European), terms relating to premium payments, exercise business days, and notional amounts for option transactions.


document_description: This document outlines the terms and conditions related to the exercise of options in various styles of Option Transactions, including European, Bermuda, and American styles. It defines key terms such as Exercise Period, Exercise Date, Bermuda Option Exercise Date, Earliest Exercise Time, Latest Exercise Time, Expiration Time, Commencement Date, Expiration Date, and Threshold.


document_description: The document outlines the terms and procedures for exercising rights under an Interest Rate Swap agreement, including provisions for Partial Exercise and Multiple Exercise of options. It specifies the requirements for notice of exercise, including timing and format, and details the conditions under which different styles of Option Transactions (American, European, Bermuda) can be exercised.


document_description: This document outlines the terms and conditions related to the exercise of options in swap transactions, including provisions for minimum and maximum notional amounts, automatic exercise, and fallback exercise. It specifies the conditions under which these options can be exercised and the procedures for notification between parties.


document_description: This document outlines the settlement rate determination for automatic or fallback exercise of Swaptions, as well as the exercise of Swaption Straddles in European, American, or Bermuda styles. It specifies the conditions under which the ISDA Settlement Matrix applies and how the Settlement Rate is calculated based on various scenarios, including the use of ISDAFIX pages and quotations from Cash Settlement Reference Banks.


document_description: This document outlines the general terms and provisions related to the settlement of Swaptions, including definitions and procedures for cash and physical settlements. It specifies the rights of the Buyer and Seller under different settlement scenarios and the conditions under which the Underlying Swap Transaction becomes effective.

document_subtype: Swaption Settlement Terms


document_description: The document outlines the terms for Optional Early Termination and Mandatory Early Termination of Swap Transactions. It specifies the conditions under which parties can terminate a swap transaction early, either optionally or mandatorily, and the financial implications of such terminations.


document_description: This document outlines the terms and conditions related to cash settlement in swap transactions, including provisions for mandatory early termination and optional early termination. It specifies the responsibilities of parties in-the-money and out-of-the-money, and the determination of cash settlement amounts.


document_description: This document outlines the terms and conditions related to Cash Settlement Valuation in financial transactions, including definitions for Cash Settlement Valuation Time and Date, and specific rules for different currencies and floating rate options.


document_description: This document outlines the terms and conditions related to cash settlement payment dates, settlement rates, and cash settlement reference banks for option and swap transactions. It specifies how settlement rates are determined based on ISDA or other price sources, and the role of cash settlement reference banks in the process.


document_description: This document outlines the terms and conditions related to the valuation and cash settlement processes for swap transactions, including the selection of institutions for valuation, the determination of cash settlement currency, and the application of the ISDA Master Agreement. It specifies procedures for determining the Quotation Rate and addresses scenarios involving mandatory or optional early termination of swap transactions.

key_organizations: International Swaps and Derivatives Association, Inc.


document_description: This document outlines the terms and conditions related to Swap Transactions, including provisions for Optional and Mandatory Early Termination, Cash Settlement Methods, and Valuation Business Days. It specifies the conditions under which the Exercising Party pays in the event of a default and defines the Relevant Swap Transaction and Cash Settlement Method.


document_description: The document outlines the cash settlement methods for swap transactions under the ISDA Master Agreement, including the 'Cash Price' and 'Cash Price - Alternate Method'. It specifies how the cash settlement amount is determined, the role of the Calculation Agent, and the use of quotations from Cash Settlement Reference Banks. The document also addresses the application of the 1992 ISDA Master Agreement and the Market Quotation process.

document_subtype: ISDA Master Agreement

key_organizations:
ISDA
Cash Settlement Reference Banks


document_description: The document outlines the cash settlement methods applicable to swap transactions, specifically focusing on the calculation of cash settlement amounts under different scenarios such as Zero Coupon Yield - Adjusted and Par Yield Curve - Unadjusted. It details the conditions under which these methods apply, particularly in cases of Optional Early Termination or Mandatory Early Termination.


document_description: This document is a template for confirming the terms and conditions of a Swap Transaction between two parties, incorporating the 2006 ISDA Definitions. It outlines the relationship to the ISDA Master Agreement and provides guidance on incorporating amendments and supplements.

title: Confirmation of a Swap Transaction

document_subtype: Swap Transaction Confirmation


document_description: This document outlines the terms and conditions for a floating rate agreement, including payment dates, rate options, and compounding details. Many fields are left empty, indicating placeholders for specific terms to be filled in later.

document_subtype: Floating Rate Agreement


document_description: This document outlines the terms for interim and final exchanges between two parties, including exchange amounts, dates, business day conventions, and the role of a calculation agent. It is marked as confidential under federal rules.


document_description: A blank page marked as confidential under Federal Rule of Criminal Procedure 6(e).


document_description: This document outlines the terms and conditions for a floating rate agreement, including payment dates, rate options, and business day conventions. It includes placeholders for specific financial terms such as floating rate options, designated maturity, and compounding details.


document_description: This document outlines the additional provisions for a confirmation of a swap transaction that is a forward rate agreement, as per the 2006 ISDA Definitions. It includes placeholders for key terms such as Notional Amount, Trade Date, Effective Date, Termination Date, Fixed Rate Payer, Fixed Rate, Floating Rate Payer, Payment Dates, Floating Rate Option, Designated Maturity, Spread, and Floating Rate Day Count Fraction. It also provides guidance on the adjustment of dates according to Business Day Conventions.


document_description: This document is an exhibit to the 2006 ISDA Definitions, providing additional provisions for a confirmation of a swap transaction that is a self-compounding overnight interest rate swap transaction. It outlines the terms of the swap transaction, including notional amount, trade date, effective date, termination date, fixed amounts, and floating amounts. The document also includes notes on business day conventions and references to specific floating rate options.


document_description: This document outlines additional provisions for confirming a swap transaction that is either a Swaption or a Swaption Straddle, as per the 2006 ISDA Definitions. It includes terms such as trade date, option style, seller, buyer, premium, and payment details. It also addresses documentation practices for Swaption Straddle transactions.

title: Additional Provisions for a Confirmation of a Swap Transaction that is a Swaption or Swaption Straddle


document_description: This document outlines the procedure for exercising a Bermuda style option under the ISDA framework. It includes details such as the commencement date, exercise dates, expiration date, exercise times, and conditions for partial and multiple exercises. It also references the ISDA Settlement Matrix and its applicability to the transaction.

document_subtype: ISDA Option Agreement


document_description: This document outlines the settlement terms for a transaction, including cash settlement details, valuation times, and applicable ISDA definitions.

document_subtype: settlement terms


document_description: This document outlines the quotation rate for a swaption, including specific terms for underlying swap transactions. It references the 2006 ISDA Definitions for confirmation provisions.

document_subtype: Swaption Rate Quotation


document_description: This document outlines the terms and conditions for exercising Bermuda style options, including details on expiration dates, exercise times, and settlement terms. It includes provisions for cash settlement and specifies conditions under which certain clauses apply, referencing the ISDA Settlement Matrix and 2006 ISDA Definitions.


document_description: This document outlines the terms and conditions related to cash settlement in a financial transaction, including details on cash settlement payment date, method, currency, and rate. It references the ISDA Settlement Matrix and the 2006 ISDA Definitions.


document_description: This document outlines additional provisions for a confirmation of a swap transaction subject to mandatory early termination, as per the 2006 ISDA Definitions. It includes details on early termination and settlement terms, referencing the ISDA Settlement Matrix and specific sections of the 2006 ISDA Definitions.

title: Additional Provisions for a Confirmation of a Swap Transaction to which Mandatory Early Termination applies


document_description: The document appears to be related to financial settlement terms, possibly involving ISDA (International Swaps and Derivatives Association) definitions. It includes references to settlement rates, cash settlement reference banks, and quotation rates. The document also mentions confidentiality under Federal Rules of Criminal Procedure.


document_description: This document outlines the terms for a financial agreement involving fixed and floating amounts, including details on floating rate payer, payment dates, rate options, and compounding. It references the 2006 ISDA Definitions for adjustments.


document_description: This document outlines the terms of a currency swap agreement, including initial, interim, and final exchange amounts for Party A and Party B. It specifies the business day conventions and conditions under which the exchange amounts are determined, particularly in relation to the variable currency payer and the currency exchange rate.

document_subtype: Currency Swap Agreement


document_description: This document provides definitions for specific terms related to certain Euro floating rate options as part of the 2006 ISDA Definitions. It includes terms such as Effective Date, Reset Date, Calculation Period, Payment Date, and Termination Date, which are used in the context of Swap Transactions.

title: Definitions of Specific Terms for Certain Euro Floating Rate Options

document_subtype: ISDA Definitions


document_description: The document is a table listing various financial terms and their corresponding references. It includes terms related to EUR-ISDA-LIBOR Swap Rates, EUR-LIBOR, Euro-zone, and other financial instruments and conventions. Each term is associated with a number and a specific reference code.


document_description: The document is a table listing various financial terms, currencies, and related references with corresponding codes and sections. It includes terms like SGD, SKK, THB, and others, along with their associated financial indices or reference banks.


document_description: The document contains a table with financial data, including various currency codes and references to specific sections of a legal or financial document. It appears to be related to interest rates or financial indices.


document_description: This document is a confirmation letter from Deutsche Bank AG to Southern Financial, LLC, detailing the terms and conditions of a CMS One Look Transaction. It references the ISDA Master Agreement and specifies a notional amount of USD 45,000,000.00 with a trade date of May 22, 2018.

title: Confirmation of a CMS One Look Transaction

key_people:
Paul Achleitner
John Cryan
Marcus Schenck
Christian Sewing
Kimberty Hammonds
Stuart Lewis
Sylvie Matherat
James von Moltke
Nicolas Moreau
Garth Ritchie
Karl von Rohr
Wemer Steinmüller
Frank Strauß

key_locations:
London
Frankfurt am Main

document_subtype: Confirmation Letter


document_description: This document outlines the terms of a financial swap agreement effective from May 24, 2018, with a termination date linked to the Floating Rate Payer Payment Date. The fixing date is May 22, 2020, and business days are defined as New York business days. The agreement involves fixed and floating amounts, with specific rates and formulas for calculation. The counterparty is DBAG, and the document includes a confidential notice under federal rules.

document_subtype: swap agreement


document_description: This document outlines the terms and conditions of a financial transaction between DBAG and a counterparty, including account details, office location, calculation agent, and representations of the parties involved.

document_subtype: transaction agreement


document_description: A confirmation letter from Deutsche Bank AG to Southern Financial, LLC, outlining the terms of an agreement and requesting confirmation via facsimile or e-mail.

key_people:
Girish S Alur
K Ananthanarayanan

document_subtype: confirmation letter

key_organizations:
Deutsche Bank AG
Southern Financial, LLC


document_description: A confidential communication from Deutsche Bank stating that they do not provide legal or tax advice.


document_description: A table showing financial data with last price, close, high, average, and low values for specific dates and times.

key_locations: 345 Park Avenue, New York, NY, 10154-0004

document_subtype: financial data


document_description: This document contains a confidentiality notice and disclaimer from Deutsche Bank, indicating that the communication may contain confidential or privileged information. It advises unintended recipients to notify the sender and destroy the communication. It also includes a disclaimer that Deutsche Bank does not provide legal or tax advice.


document_description: The document discusses the risk spectrum and potential disruptive reversals in the financial market due to higher US inflation and ECB exit. It includes data on net foreign purchases of US corporate bonds and the impact of ECB's interest rate policies.

document_type: email


document_description: The document contains a table showing net foreign purchases of US corporate bonds from 2010 to 2017, with varying amounts for each year. It also includes a communication from Torsten Stoic, Chief International Economist at Deutsche Bank Securities, regarding the distribution list for the information.


document_description: A disclaimer from Deutsche Bank stating that they do not provide legal or tax advice and that the information in the communication should not be considered as such.


document_description: This document is marked as confidential under Federal Rule of Criminal Procedure 6(e) and contains identifiers related to a legal case or investigation.


document_description: The document discusses the economic situation in Turkey, focusing on the dollarization of locals, EMFX sentiment, US-Turkey relations, and the gold deficit. It includes a table showing the change in gold reserves over the past year for various countries/regions. The document also considers the potential response of the Central Bank of Turkey (CBT) to FX weakness and the political implications of recent moves in Turkey.

key_people: Pompeo Tillerson Kubilay Erdogan

key_locations: Turkey Istanbul

document_subtype: financial analysis

key_organizations:
CBT
AKP-MHP alliance
DB Research


document_description: The document contains a table of credit growth data from January 2010 to January 2018, including total credit growth, commercial credit growth (FX-adjusted), and consumer credit growth. It also includes a market analysis suggesting investment strategies related to TRY and TURKGB bonds.

title: Credit Growth Data and Market Analysis

document_subtype: financial report

key_organizations:
DB Research
Deutsche Bank


document_description: Invitation to the Celebration Dinner and Preview Day of Frieze New York hosted by Deutsche Bank Wealth Management. The event includes a dinner on May 1, 2018, and a preview day on May 2, 2018, at Randall's Island Park, New York.

title: Frieze New York Celebration Dinner and Preview Day Invitation

key_people:
Fabrizio Campelli
Patrick Campion
Kelly Kieran

key_locations:
West Edge, 459 W 15th Street, New York
Randall's Island Park, New York

document_subtype: invitation

key_organizations:
Deutsche Bank Wealth Management
Frieze New York


document_description: This document is marked as confidential under Federal Rule of Criminal Procedure 6(e) and contains identifiers related to a legal case or investigation, including DB-SDNY-0091864, SDNY_GM_00238048, and EFTA01388359.


document_description: This document is marked as confidential under Federal Rule of Criminal Procedure 6(e) and contains identifiers related to a legal case or investigation in the Southern District of New York.


document_description: Darren K. Indyke sent a communication to Richard Kahn regarding signed wire transfer requests. The message emphasizes confidentiality and attorney-client privilege.

key_people:
Darren K. Indyke
Richard Kahn

key_locations: 575 Lexington Avenue, 4th Floor, New York, New York 10022

key_organizations:
Darren K. Indyke, PLLC
HBRK Associates Inc.


document_description: This document provides a disclaimer and risk categorization for Callable Yield Notes with Contingent Coupon, categorized as Product Risk Level 3, 'Contingently Protected Notes.' It emphasizes that the information is not an offer or recommendation and highlights the risks associated with structured products. It also specifies that the document is for internal use only and contains confidential information.

document_subtype: disclaimer

key_organizations:
Deutsche Bank
Deutsche Bank Wealth Management
Deutsche Bank Securities Inc.


document_description: This document outlines the schedule and details for VIP and public events at Frieze New York, including preview days, private views, and public days. It also mentions a VIP dinner and the Frieze Bespoke Program. The document highlights the presentation of works by Brazilian artist Valeska Soares in the Deutsche Bank Wealth Management Lounge. Compliance procedures and contact information for Sarah Rafferty are provided.

key_people:
Valeska Soares
Sarah Rafferty


document_description: The document provides a market analysis and trading strategy for EURNOK and EURSEK, along with support and resistance levels for XAUUSD and XAGUSD. It also lists key economic data and risk events for the upcoming week, including retail sales, GDP, CPI, and PMI data from various countries.

title: Market Analysis and Key Economic Events

key_locations:
Norway
Sweden
Spain
Japan
China
France
Eurozone
Italy
Germany
US
Canada
New Zealand

key_organizations:
Norges Bank
ECB
BOC


document_description: The document contains a table listing attendees for an event in New York, along with instructions for compliance submission. It includes details about the event, costs, and registration confirmation for a preview of Frieze New York on May 2. The document also mentions a VIP program and provides contact information for further inquiries.

key_people:
Ali Rashid
Rudy Sahay
Brad Wechsler
Paul Barrett
Stewart Oldfield
Martin Zeman
Sarah Rafferty

document_subtype: event registration and compliance

key_organizations:
Deutsche Bank
Frieze New York
Alpha Group Capital
Elysium


document_description: This document is marked as confidential and is related to a legal matter, as indicated by the reference to Federal Rule of Criminal Procedure 6(e). It includes identifiers such as DB-SDNY-0091886, SDNY_GM_00238070, and EFTA01388370, which suggest it is part of a legal case or investigation in the Southern District of New York.


document_description: This document is marked as confidential under Federal Rule of Criminal Procedure 6(e) and contains identifiers related to a legal case in the Southern District of New York.


document_description: The document is marked as confidential and is related to legal proceedings, specifically under Federal Rule of Criminal Procedure 6(e). It contains identifiers that suggest it is part of a legal case or investigation in the Southern District of New York.


document_description: A table listing individuals attending various events, including previews and private views, with their affiliations and roles. The events are organized by Stewart Oldfield.

key_people:
Stewart Oldfield
Heather Crosby
Tom Danziger
Kirsten Dzialga
Andrew Feldstein
Matt Ferguson
Robert Forsythe
Tim Fuzesi
Edouard Gerschel
Stan Gold
David Homrich
Ken Jones
Jeff Kirwood
Tony Persico
Jonathan Liggett
Adam Lindemann
George Lindemann
Max Loughman
Gene Lynch
Don Marron
Greg Martin
Kelly Masuda
Todd Meister
Katherine Montrone
Renee Noto

key_organizations:
Mathey's Lane
Danziger, Danziger & Muro
Dzialga Investments
Blue Mountain
Illig Family
Thirdlake
Safanad
Gerschel
Shamrock
AMB Family Office
Aspen Grove
Marron Investments
JL Squared
Lindemann Capital
BC Property
Disney Family
General Atlantic
Caruso Affiliated
Meister Global
Liberty Lane
Brightstar


document_description: A table listing various individuals, their affiliations, and their interactions with Stewart Oldfield, possibly related to events or meetings. The table includes names, companies, positions, and responses to invitations.

key_people:
Stewart Oldfield
Sarah Rafferty

key_organizations:
Deutsche Bank
Marron Investments
Hillspire
54 Madison
Slome Investments
Hilltop Holdings
Dorrance Family Enterprises
Crestline
TFMG
Anterro Resources
Thirdlake
Elysium
Brightstar
Everwatch
Hunter School auction
Alpha Group Capital


document_description: The document contains a postal address and confidentiality notice. It includes reference numbers and a hashtag.

key_locations: 345 Park Avenue, 24th floor, New York, NY 10154


document_description: Confidential communication with disclaimers regarding unauthorized copying, disclosure, or distribution. Contains a link for EU corporate and regulatory disclosures and a disclaimer about Deutsche Bank not providing legal or tax advice.


document_description: The document contains partial information about financial accounts related to Jeffrey Epstein, specifically mentioning an account from 2007 and the Epstein Insurance Trust #3 account.

key_people:
Jeffrey Epstein
Bella


document_description: A request to purchase Euros with a query about the purchase limit and rate. The delivery address is provided for FedEx.

key_locations: 575 Lexington Avenue, 4th Floor, New York, NY 10022


document_description: This document is a confidential communication from Deutsche Bank, containing disclaimers about the confidentiality and intended recipient of the information. It also includes a disclaimer that Deutsche Bank does not provide legal or tax advice.


document_description: This document is a trading authorization form from Deutsche Bank Wealth Management, authorizing an agent to buy, sell, and trade securities on behalf of Jeffrey Epstein. The authorization is limited to purchases and sales of securities and includes indemnity clauses. It remains in effect until revoked in writing by the undersigned.

key_people:
Jeffrey Epstein
Joshua Shoshen

document_subtype: Trading Authorization

key_organizations:
Deutsche Bank Securities Inc.
Deutsche Bank AG


document_description: This document is a non-durable limited power of attorney for brokerage and retirement accounts with DBSI, granting either limited or full authority over the accounts to designated agents. It includes a cautionary note to the principal about the implications of granting such authority and outlines the responsibilities of the agent. The document appoints Harry Beller or Joanne Brennan as agents with authority to manage various financial transactions on behalf of the principal.

key_people:
Harry Beller
Joanne Brennan

document_subtype: Power of Attorney


document_description: This document outlines the terms and conditions under which an agent is authorized to act on behalf of the principal in managing their account(s) with DBSI. It specifies the limitations and permissions granted to the agent, including the ability to receive account statements, make trades, and transfer assets. The document also details the conditions under which the authorization can be revoked.

document_subtype: authorization document


document_description: This document outlines the terms and conditions under which DBSI may require additional verification and documentation from the undersigned or their agents. It includes indemnification clauses and specifies that the document does not revoke any other powers of attorney unless specified. It also mentions the responsibilities of the undersigned regarding the acts of their agents and the requirement for joint account holders to sign withdrawal requests.

key_people: Undersigned Agent(s)


document_description: A Power of Attorney document signed by Jeffrey Epstein, confirming that he has read and understood the document, executed it of his own free will, and received necessary advice. The document is intended to be effective for joint accounts, requiring all account holders to sign.


document_description: This document outlines the responsibilities and liabilities of an agent under a Power of Attorney agreement. It specifies the legal obligations of the agent to act in the best interest of the Principal, avoid conflicts of interest, keep the Principal's property separate, maintain records, and disclose their identity as an agent. It also mentions the conditions under which the agent can resign and the potential liabilities for violating the law or acting outside the granted authority.

key_people:
Jeanne Brenau
Harry Beller
Jan Hoy


document_description: Acknowledgement of agent signatures in and outside New York State for various documents, including joint accounts. Notarized by Harry I. Beller and Yolanda Richardson.

key_people:
Harry Belfer
Jonne Brekken
Harry Bells
Yolanda Richardson

key_locations:
New York
Rockland County
Queens County

document_subtype: notarized document


document_description: Driver license for Harry Beller, issued on 04-20-11 and expiring on 05-09-19. License class D with endorsements/restrictions R B, NONE.

title: New York State Driver License

document_subtype: Driver License


document_description: Vahe Stepanian follows up on an email from Fran Wickman regarding onboarding a new client, Jeffrey Epstein, who has transferred over $120 million across his accounts. The email discusses exceptions requested for using DB POA for entity accounts, approval of Full POA for professional relationships, and notarization issues.

key_people:
Vahe Stepanian
Fran Wickman
Jeffrey Epstein
Jean Anne Brennan
Jeanne

document_subtype: email correspondence

key_organizations: DB BSO


document_description: Trust authorization document for The Haze Trust managed by Deutsche Bank Securities Inc. The document outlines the powers granted to the trustees under the trust instrument dated February 9, 1999, including opening and closing brokerage accounts, investing trust assets, and borrowing money.

document_subtype: Trust Authorization

key_organizations:
Deutsche Bank
Deutsche Bank Securities Inc.


document_description: Authorization and indemnification agreement related to a Trust, involving Jeffrey Epstein and Darren K Indyke, addressed to DBSI.

key_people:
Jeffrey Epstein
Darren K Indyke

document_subtype: fax


document_description: Darren K. Indyke accepts his appointment as Trustee of The Haze Trust, succeeding Jeffrey E. Epstein, effective May 8, 2007.

title: Acceptance of Successor Trustee of The Haze Trust

key_people:
Jeffrey E. Epstein
Darren K. Indyke


document_description: Designation of a new trustee for The Haze Trust by Jeffrey E. Epstein.

key_people:
Jeffrey E. Epstein
Damen K. Indyke

key_organizations:
The Haze Trust
Deutsche Bank


document_description: The Haze Trust Agreement is a legal document dated February 9, 1999, where Jeffrey E. Epstein acts as both the Grantor and Trustee. The agreement outlines the transfer of property to the Trustee to be managed and disposed of according to the terms specified. The Trustee has the discretion to pay income or principal to the Grantor and, upon the Grantor's death, to dispose of the remaining assets to the Grantor's estate. The Trustee is not required to consider other resources when exercising discretion.

title: The Haze Trust Agreement

document_subtype: Trust Agreement


document_description: The document outlines the discretionary powers granted to a trustee by the grantor, including the ability to retain, sell, or exchange property, engage in various financial transactions, and borrow money using property as security.


document_description: The document outlines various powers and authorities related to investment and management of securities, partnerships, and properties. It includes provisions for participating in reorganizations, retaining interests in partnerships, investing in properties, employing professionals, and distributing income or principal.


document_description: The document outlines the powers and responsibilities related to the management and operation of real property, including the ability to lease, mortgage, insure, and manage such properties. It also discusses the delegation of powers to trustees and the ability to transfer property to different jurisdictions.


document_description: The document is a fax from Deutsche Bank dated September 24, 2013, discussing the powers and authorizations granted to a Trustee by the Grantor. It outlines the Trustee's authority to sell, continue, or liquidate the Trust's interest in various business entities, and to conduct business activities with certain protections against personal liability.


document_description: The document is a Trust Agreement for The Haze Trust, which outlines the conditions under which the Grantor may revoke or amend the trust. It becomes irrevocable upon the Grantor's death and is governed by the laws of the State of New York.


document_description: A notarized document acknowledging the execution of an instrument by Jeffrey E. Epstein on February 9, 1994.

key_people:
Jeffrey E. Epstein
Harry & Beller

key_locations:
Rockland County
State of NY


document_description: This document is a financial report from Deutsche Bank Wealth Management detailing the activity of various deposit accounts for the date range 02/22/2019 to 03/01/2019. It includes transaction details for accounts such as DBTCA Savings, DB AG Checking, and others, showing interest credits and book transfer credits.

title: Activity Deposit Accounts

document_subtype: bank statement

key_organizations:
Deutsche Bank
Wealth Management
Butterfly Trust
THE HAZE TRUST
SOUTHERN FINANCIAL LLC
SOUTHERN TRUST COMPANY, INC.
Gratitude America, Ltd


document_description: This document contains transaction details for various DBTCA checking accounts associated with different entities, including Neptune, LLC, Hyperion Air, LLC, Plan D, LLC, JEGE, LLC, Darren K. Indyke PLLC, HBRK Associates, Inc, and NES, LLC. It lists debits, credits, and calculated balances for transactions occurring between February 22, 2019, and March 1, 2019.

key_organizations:
DBTCA
Neptune, LLC
Hyperion Air, LLC
Plan D, LLC
JEGE, LLC
HBRK Associates, Inc
NES, LLC
CON ED OF NY
WELLS FARGO


document_description: This document is a bank statement for Jeffrey Epstein's DBTCA Checking account, showing transactions from February 25, 2019, to March 1, 2019. It includes details of outgoing money transfers, interest credits, and various debits.

key_people:
Jeffrey Epstein
Martin G. Weinberg

key_organizations:
Wells Fargo Bank, NA
Santander Bank, N.A.
Link and Rockenbach, P.A.
LSJE LLC
American Express


document_description: This document is a bank statement detailing various transactions on February 22, 2019, including preauthorized ACH debits, outgoing money transfers to FirstBank Puerto Rico accounts, ATM cash withdrawals, and a book transfer credit. The statement ends with totals as of March 1, 2019.

key_organizations:
American Express
FirstBank Puerto Rico
Cypress, Inc
Laurel, Inc.
Maple, Inc.
Michelle's Transport Co. LLC
Great St Jim LLC
Nautilus, Inc
Thomas World Air LLC


document_description: A bank statement for the DBTCA Checking account under The 2017 Caterpillar Trust-DDA, showing an available balance of $0.00 as of March 1, 2019. No transactions are displayed.

key_organizations:
DBTCA
The 2017 Caterpillar Trust-DDA


document_description: A memo discussing WheelTug, a company that developed a built-in motor for airplanes to save fuel and improve efficiency. The memo highlights the financial benefits and operational improvements offered by WheelTug, including reduced engine wear and faster boarding. It also mentions a CNBC interview with WheelTug's CEO, Isaiah Cox, and provides a link to the interview. The memo is marked confidential and is intended for sophisticated institutional investors.

key_people:
Isaiah Cox
Martin Zeman

document_subtype: memo

key_organizations:
WheelTug
Deutsche Bank Wealth Management
DB Securities Inc


document_description: An invitation to Paul to join a group of wealth management/family office clients in Las Vegas for networking purposes. The sender encourages Paul to invite others he knows who might be interested.


document_description: The document is a memo from Nadean Novogratz of Deutsche Bank Securities Inc. discussing SPY ATM Calls and SPY 2% Upside Calls with detailed tables of prices, volatility, and economic events for specific dates in August and September 2018. It includes a disclaimer about the confidentiality and intended recipient of the communication.


document_description: The document contains a disclaimer from Deutsche Bank regarding legal or tax advice and mentions confidentiality under Federal Rule of Criminal Procedure 6(e).


document_description: Certification of Good Standing for JEEPERS, INC. confirming the corporation's authorization to conduct business in the Virgin Islands and its current good standing status.

document_type: government

key_locations:
Virgin Islands
Charlotte Amalie
Christiansted

document_subtype: Certification of Good Standing

key_organizations: Office of the Lieutenant Governor, Virgin Islands


document_description: Bella requests assistance with federal references for international wires, prioritizing a $700 wire. Brigid Macias responds, noting that foreign wires can take up to 10 business days and provides details on several wire transactions.

key_people:
Bella
Brigid Macias

key_locations: Moscow Madrid


document_description: This document contains a confidentiality notice from Deutsche Bank, indicating that the communication may contain confidential or privileged information. It advises unintended recipients to notify the sender and destroy the communication. The document also includes a disclaimer that Deutsche Bank does not provide legal or tax advice. There are references to EU corporate and regulatory disclosures available online.


document_description: This is a confidential communication from Deutsche Bank, containing disclaimers about the confidentiality and legal nature of the information. It includes a link for EU corporate and regulatory disclosures and states that Deutsche Bank does not provide legal or tax advice.


document_description: A confidential communication from Deutsche Bank's compliance department, addressed to the primary officer of an account listed on GCIS. The recipient is instructed not to forward the email or any attachments directly to the client and to notify if they are not the current primary officer.


document_description: A cash disbursement check related to Jeffrey Epstein with an amount of $7,388.00. The check is associated with Deutsche Bank and involves a payee named Kane Forte. The document includes special instructions to return to DB Cmce.

key_people:
Jeffrey Epstein
Bradley Gillin
Nicole Perskawiec
Stewart Oldfield
Firdaus Madiar
Rodney Macelus

document_subtype: Cash Disbursement Check

key_organizations:
Deutsche Bank
THIRD LAKE CAPITAL


document_description: Request for information on the limit and purchase rate for ordering Euros, with delivery address provided for FedEx.

key_people:
Bella
Rich Kahn


document_description: Deutsche Bank Wealth Management is hosting an exhibition titled 'Frieze London & Frieze Masters' featuring 'Another World,' an exhibition of women artists from the Deutsche Bank Collection, celebrating the centenary of female empowerment. The event includes VIP access to Frieze London and Frieze Masters on 8 October 2014.

title: Frieze London & Frieze Masters Exhibition

key_people:
Sarah Rafferty
Tracey Emin

document_type: media

document_subtype: event announcement

key_organizations:
Deutsche Bank Wealth Management
Deutsche Bank Collection


document_description: This document is a confidential communication from Deutsche Bank, containing disclaimers about the confidentiality and privileged nature of the information. It includes a link for EU corporate and regulatory disclosures and a disclaimer that Deutsche Bank does not provide legal or tax advice.


document_description: An email signature from Christian Wietoska, an EM Fixed Income Strategist at Deutsche Bank AG, London. The email contains confidentiality and privacy notices.


document_description: This document contains confidential information related to a legal case, as indicated by the reference to Federal Rule of Criminal Procedure 6(e). It includes identifiers such as DB-SDNY-0091998, SDNY_GM_00238182, and EFTA01388448, which may be case or document numbers.


document_description: A guest list for the Frieze New York Cocktail Reception 2019, including guest names, their status, and the person assigned to them.

title: Frieze New York Cocktail Reception 2019 Guest List

key_people:
Lara Pedrini
Patrick McGinnis
Stewart Oldfield
Sarah Rafferty

document_subtype: event guest list


document_description: The document is marked as confidential and is related to a legal matter, likely involving the Southern District of New York (SDNY). It references federal rules of criminal procedure, indicating it may be part of a legal investigation or proceeding.


document_description: The document contains a table listing attendees for the Frieze New York Preview and Cocktail Reception 2019, including their registration status and names. The table is followed by a signature from Sarah Rafferty, Director of Marketing at Deutsche Bank Wealth Management.

key_people:
Sarah Rafferty
Stewart Oldfield
Matt Womble
Astrid Womble
Katherine Montrone
Soon-yi Previn
Ali Rashid
Lara Pedrini
Patrick McGinnis
Larry Davis


document_description: An invitation to a networking event focused on disruptive technology in real estate, hosted by Deutsche Bank Key Client Partners. The event features presentations from companies like ENVELOPE, CASE, HeliOptix, and Nantum, and is co-hosted by SHoP Architects.

title: Disruptive Technology Evolution of the Built Environment

key_people:
Alison Sinicropi
Joshua Shoshan

key_locations: Woolworth Building, 233 Broadway, 11th Floor, New York, NY 10007

document_subtype: event invitation

key_organizations:
Deutsche Bank
ENVELOPE
CASE
HeliOptix
Nantum
SHoP Architects


document_description: An invitation to a networking and innovation event focused on disruptive technology in real estate, hosted by Deutsche Bank Wealth Management and co-hosted by SHoP Architects.

title: Disruptive Technology: Evolution of the Built Environment

key_locations: The Woolworth Building, 233 Broadway, 11th Floor, New York, NY 10007

key_organizations:
Deutsche Bank
Envelope
CASE
HeliOptix
Nantum
SHoP Architects


document_description: An internal event by Deutsche Bank Wealth Management focusing on disruptive technology in real estate, infrastructure, construction, architecture, advanced materials, and emerging technology. The event features companies like SHoP Architects and takes place at The Woolworth Building in New York.

title: Disruptive Technology - Evolution of the Built Environment

key_locations:
The Woolworth Building, New York, NY
9 Dekalb Avenue, Brooklyn, NY
111 West 57th St. New York, NY
American Copper Buildings, New York, NY
San Francisco, CA
Barclays Center, Brooklyn, NY
Google HO, Mountain View, CA

key_organizations:
Deutsche Bank
SHoP Architects
Envelope
CASE HeliOptix
Nantum


document_description: Authorization letter from Daphne Wallace, Trustee of The 2017 Caterpillar Trust, to Stewart Oldfield, Director at Deutsche Bank, to process a check for $8,723.23 payable to Jeffrey Epstein.

key_people:
Daphne Wallace
Stewart Oldfield
Jeffrey Epstein

key_locations:
New York, NY
Virgin Islands, United States

document_subtype: letter

key_organizations:
Deutsche Bank
The 2017 Caterpillar Trust


document_description: Cynthia Rodriguez is responding to a request for information regarding a transaction related to THE HAZE TRUST account. The transaction came from HSBC into the brokerage account, not the private bank. This is a follow-up to a third request for information by PWM AML Compliance at Deutsche Bank.

key_people:
Cynthia Rodriguez
Stewart Oldfield
Danya Friedman
Zbynek Kozelsky
Vahe Stepanian
Joshua Shoshan
Donald Summer
Cherie Quigley

key_organizations:
Deutsche Bank Trust Company Americas
Deutsche Asset & Wealth Management
PWM AML Compliance
HSBC

reference_numbers:
Account# N4G024943
Alert# SAM1788880


key_people:
Cynthia Rodriguez
Jeffery Epstein
Danya Friedman
Zbynek Kozelsky
Stewart Oldfield
Vahe Stepanian
Joshua Shoshan
Donald Summer

key_locations:
MC LEAN VA
DUBLIN
New York

key_organizations:
HSBC BANK USA
HSBC SECURITIES SERVICES (IRELAND)
Southern Trust Company, Inc
Deutsche Bank Trust Company Americas
Deutsche Asset & Wealth Management
Bank of New York


document_description: This document is marked as confidential under Federal Rule of Criminal Procedure 6(e) and contains identifiers related to a legal case in the Southern District of New York.


document_description: The document contains notes on emerging markets debt strategy, focusing on Turkey and Russia, as well as corporate credit and inflation reports for Brazil. It discusses economic growth, inflation, and interest rates in these regions.

key_people:
Drausio Giacomelli
DB Agarwal
DB Faria

key_locations: Turkey Ankara Istanbul Russia Brazil

document_subtype: notes

key_organizations:
Central Bank of Turkey
CBT
CBR
Finance Ministry
BCB


document_description: The document discusses Deutsche Bank's investment banking activities, risk management, and potential impacts on securities prices. It emphasizes that past performance is not indicative of future results and that the information is based on reliable sources as of the document's date. It also includes a confidentiality notice pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: This document is a disclaimer notice regarding the confidentiality and privileged nature of the information contained in an email. It warns against unauthorized dissemination, distribution, or duplication of the communication and advises unintended recipients to notify the sender and delete the message. It also states that Deutsche Bank does not provide legal or tax advice.


document_description: A confidential letter from Stewart Oldfield, Director at Deutsche Bank Trust Company Americas, regarding securities offered through Deutsche Bank Securities Inc.

title: Confidential Correspondence from Deutsche Bank

key_organizations:
Deutsche Bank Trust Company Americas
Deutsche Bank Wealth Management
Deutsche Bank Securities Inc.


document_description: This document outlines the terms for investments in Deutsche Bank AG New York Branch's Preferred CDs, including minimum and maximum investment amounts, asset protection details, currency denomination, available fixed and variable rate terms, early withdrawal penalties, and additional information regarding maturity and interest transfer. It also includes disclaimers about the non-FDIC insured status of the products and the lack of guarantees by Deutsche Bank Trust Company Americas or any governmental agency.

title: Deutsche Bank AG New York Branch Investment Terms

document_subtype: Investment Terms

key_organizations:
Deutsche Bank AG New York Branch
Deutsche Bank Trust Company Americas
Deutsche Bank Securities Inc.


document_description: The document outlines various financial analyses and reports related to banking sector exposures, loan breakdowns, FX loans, and sensitivity analyses for six banks. It includes a request for charts and detailed breakdowns by business segments and sectors.


document_description: This document is marked as confidential and is related to a legal matter, likely involving the Southern District of New York (SDNY). It references Federal Rule of Criminal Procedure 6(e), which pertains to grand jury secrecy.


document_description: A communication from Liam O'Sullivan, AVP at Deutsche Bank Wealth Management, discussing Key Client Partners (KCP) products and services intended for sophisticated institutional investors. The message emphasizes confidentiality and the non-advisory nature of the information provided.

document_subtype: business communication

key_organizations:
Deutsche Bank Wealth Management
DB Securities Inc


document_description: This document contains a disclaimer from Deutsche Bank regarding legal and tax advice, and references additional EU corporate and regulatory disclosures. It is marked as confidential under Federal Rule of Criminal Procedure 6(e).


document_description: The document is a confidential financial correspondence detailing two securities trades executed on 8/13/2018. The first trade involved selling 1 million RBS Pref shares from the Southern Trust Co account, and the second trade involved selling 200 million SERV 7.25 3/1/38 from the SFLLC account. The document includes trade details such as trade date, settlement date, quantity, security description, ISIN, price, principal, interest, and net amount. It also contains a disclaimer about the unofficial nature of the trade confirmations and the confidentiality of the information.


document_description: Confidential communication with a disclaimer about legal obligations and consent requirements.


document_description: A notice from Deutsche Bank Trust Company Americas and Deutsche Bank Wealth Management regarding confidentiality and legal disclaimers. It includes a warning about unauthorized copying, disclosure, or distribution of the material and provides a link for additional EU corporate and regulatory disclosures.

document_subtype: notice


document_description: Internal communication regarding Deutsche Bank's Theme Week event schedule and client invitation.

key_people:
Garlina
Paul Barrett
Martin
Marc Nickley

key_organizations:
Deutsche Bank
Alpha Group Capital LLC


document_description: Deutsche Bank Wealth Management is hosting a Preview Day for Frieze New York on May 2, 2018, at Randall's Island Park, New York. The event is hosted by Fabrizio Campelli, Global Head of Deutsche Bank Wealth Management. The invitation is not transferable, and tickets must be collected from the Deutsche Bank Wealth Management Lounge entrances at Frieze New York.

title: Deutsche Bank Wealth Management Preview Day for Frieze New York

key_people:
Fabrizio Campelli
Ana Zamora


document_description: Business card of Stewart Oldfield, Director at Deutsche Bank Trust Company Americas and Deutsche Bank Wealth Management.

document_subtype: business card


document_description: Vahe Stepanian from Deutsche Bank Securities Inc. discusses the raising of capital for Rated Infrastructure Notes (RIN) II, a CLO investing in private infrastructure loans. The email highlights the success of RIN I, the target net IRR for RIN II, and the infrastructure investment need in the U.S. It also mentions the DWS platform's track record and offers a teaser and presentation on the opportunity.

title: Rated Infrastructure Notes (RIN) II

key_people:
Vahe Stepanian
Paul
Stewart Oldfield
Martin Zeman

document_subtype: email

key_organizations:
Deutsche Bank Securities Inc.
DWS
Deutsche Asset Management


document_description: The document contains a confidentiality notice from Deutsche Bank, emphasizing that the communication may contain confidential or privileged information. It advises unintended recipients to notify the sender and destroy the communication. It also includes a disclaimer that Deutsche Bank does not provide legal or tax advice and refers to a link for additional EU corporate and regulatory disclosures.


document_description: Confidential communication from Deutsche Bank with a disclaimer about unauthorized copying, disclosure, or distribution. It includes a link for EU corporate and regulatory disclosures and a note that Deutsche Bank does not provide legal or tax advice.


document_description: Invitation to a panel discussion hosted by Deutsche Bank Americas on Bitcoin and Blockchain, featuring panelists John Cryan, Peter Garber, Stuart Haber, and Mike Novogratz. The event is scheduled for April 3, 2018, in New York.

title: Bitcoin and Blockchain: What this means for the future of business

key_people:
John Cryan
Peter Garber
Stuart Haber
Mike Novogratz

key_locations:
New York
60 Wall Street, New York, NY 10005

key_organizations:
Deutsche Bank Americas
Deutsche Bank Securities, Inc.
Stuart Haber Crypto, LLC
Galaxy Investment Partners LLC


document_description: A letter from Andrew King, Vice President at Deutsche Bank Securities Inc, discussing Harvest's managed option strategies. Harvest is a leader in this field with over $10 billion in assets under management and a team of 15 investment professionals. The letter mentions the risks associated with the strategy and refers to a presentation for more details.

key_organizations:
Deutsche Bank Securities Inc
Deutsche Bank Wealth Management
Harvest


document_description: The document contains a table detailing the allocation percentages for various risk premia in a portfolio. It is marked as confidential under federal rules.


document_description: The document appears to be a financial performance chart comparing the historical performance of a Risk Premia Portfolio against the MSCI World and Barclays Agg indices. The chart includes percentage performance metrics and is marked as confidential under federal rules.


document_description: The document contains contact information and confidentiality notices. It includes placeholders for telephone, fax, and email details, and mentions an embedded image. It is marked as confidential under Federal Rule of Criminal Procedure 6(e).


document_description: The document contains a table showing the payoff of the worst performing FAANG stock over a 6-month period and the corresponding Jan-18 Worst of Call Premia for various dates from July 2015 to July 2018. It also includes a confidentiality notice and contact information for Martin Zeman, Director at Deutsche Bank Wealth Management.

title: FAANG Worst Of Call

document_subtype: financial data


document_description: This document is a communication from Deutsche Bank providing informal trade execution information as an accommodation before the official trade confirmation. It emphasizes that the official trade confirmation and account statements will govern the terms of the trade. The document also contains disclaimers about confidentiality, intended recipients, and the non-advisory nature of the information provided.

key_organizations:
Deutsche Bank
DBSI
KCP Americas desk


document_description: An invitation to a networking and innovation event focused on disruptive technology in real estate, hosted by Deutsche Bank Wealth Management and SHoP Architects.


document_description: This document highlights featured companies involved in the evolution of the built environment, focusing on innovative and sustainable building technologies. It includes brief descriptions of companies like Envelope, Center for Architecture Science and Ecology, HeliOptix, and Nantum, detailing their contributions to real estate development, sustainable building technologies, and energy optimization.

title: Key Client Partners Americas - Evolution of the Built Environment

document_subtype: internal document


document_description: A communication from Stewart Oldfield, Director at Deutsche Bank Wealth Management, discussing Glendower Capital's investment strategy and performance. The message highlights the fund's strong track record, net multiples, and IRR, while also mentioning the risks associated with private equity investments. It invites further discussion on the topic.

document_subtype: marketing communication

key_organizations:
Deutsche Bank Trust Company Americas
Deutsche Bank Wealth Management
Glendower Capital
Deutsche Bank Securities Inc.


document_description: Confidential communication from Deutsche Bank with disclaimers about unauthorized copying, disclosure, or distribution. It includes a reference to EU corporate and regulatory disclosures and a disclaimer about not providing legal or tax advice.


document_description: The document is a confidential legal document related to Alpha Group Capital, marked as confidential under Federal Rule of Criminal Procedure 6(e). It contains reference numbers DB-SDNY-0092118, SDNY_GM_00238302, and EFTA01388523.


document_description: Email correspondence regarding pending responses on rejection cases under the Southern Financial Relationship, specifically for Hyperion LLC, J Epstein Virgin Islands Foundation Inc, and Mort Inc. The email outlines required documentation and confirmations for KYC compliance.

key_people:
Stewart Oldfield
Bradley Gitlin
Richard Larossi
Alka Babu
Mayur Rathod
Vinita Advani
Lawrence Visoski
Erika Kellerhals
Paul Barrett
Jeffrey Epstein

key_locations:
Mumbai
Virgin Islands

document_subtype: email correspondence

key_organizations:
Hyperion LLC
J Epstein Virgin Islands Foundation Inc
Deutsche CIB Centre Private Limited
Hyperion Air LLC
Mort Inc


document_description: The document discusses the performance and trading strategies related to FXI and SPX indices, highlighting recent trends, market expectations, and trading structures. It includes a table comparing SPX and FXI performance over specific dates.


document_description: Discussion on reserve exemption practices in Switzerland, Japan, and Denmark, and their impact on banks. Comparison with ECB's approach and potential benefits of reserve exemptions.

key_people:
Soniya Sandeesh
Kinner Lakhani
Martin Zeman

key_locations:
Switzerland
Japan
Denmark
New York

document_subtype: memo

key_organizations:
ECB
SNB
Deutsche Bank Wealth Management


document_description: This document is a communication from Deutsche Bank's sales or trading function, providing information on transactions, strategies, and ideas. It highlights potential conflicts of interest, risks involved, and the need for recipients to conduct their own evaluations. It is not a research report or an offer for any product. The document emphasizes the importance of consulting legal and tax advisors and notes that it is intended for informational purposes only.

key_organizations:
Deutsche Bank
Deutsche Bank Securities Inc.


document_description: A communication from Deutsche Bank Securities Inc. regarding securities offerings. It includes disclaimers about confidentiality, privileged information, and the bank's position on legal or tax advice. It also provides a link for additional EU corporate and regulatory disclosures.


document_description: A confidential communication from Martin Zeman, Director at Deutsche Bank Wealth Management, discussing Key Client Partners (KCP) products and services intended for sophisticated institutional investors. The memo emphasizes the confidentiality of the information and the non-advisory nature of KCP products.


document_description: This document is marked as confidential under Federal Rule of Criminal Procedure 6(e) and contains identifiers related to a legal case or investigation in the Southern District of New York.


document_description: A memo discussing the merger of Financial Trust Company into Southern Financial LLC, updates to the SOW narrative, and various financial activities and inquiries related to Jeffrey Epstein. It includes Epstein's background, his financial ventures, and his involvement in art investments.

key_people:
Jeffrey Epstein
Caroline
Bradley Gillin
Leslie Wexner
Alan C. Greenberg
Donny Deutsch
Nelson Peitz
Mortimer Zuckerman
Harvey Weinstein
Bruce Wasserstein
Maer Roshan

key_locations:
US Virgin Islands
Manhattan
Ohio
Upper East Side
St. Thomas

key_organizations:
Financial Trust Company
Southern Financial LLC
J. Epstein & Co.
Bear Stearns
The Limited
Abercrombie & Fitch
New York magazine
Radar
Southern Trust Company Inc.
Deutsche Bank Wealth Management


document_description: This document is a bank statement from Deutsche Bank Trust Co. Americas for PRYTANEE, LLC, covering the period from July 1, 2018, to July 31, 2018. The statement shows a business checking account with an account number ending in 121, which had a beginning and ending balance of $197,882.14. There were no deposits, checks paid, ATM withdrawals, service charges, or other debits during this period.

title: Deutsche Bank Account Statement for PRYTANEE, LLC

key_locations: St. Thomas, United States Virgin Islands

document_subtype: Bank Statement

key_organizations:
Deutsche Bank Trust Co. Americas
PRYTANEE, LLC


document_description: A list of attendees for the Frieze New York Preview and Cocktail Reception 2019, including their registration status and dates of attendance. The note is from Sarah Rafferty, Director of Marketing at Deutsche Bank Wealth Management.

key_people:
Sarah Rafferty
Stewart Oldfield
Marcia Dunn
Rahul Vaid
Alex Singh
Astrid Womble
Ali Rashid
Lara Pedrini
Patrick McGinnis
Larry Davis

document_subtype: note


document_description: The document discusses recent global market volatility, primarily due to fears over Chinese economic growth. It highlights the impact on both developed and emerging markets, the role of the U.S. Federal Reserve's potential rate hikes, and the opportunities in equities, fixed income, commodities, and foreign exchange. The memo emphasizes the importance of Fed communication and suggests that the market correction could continue for several days.

title: Global market volatility: more to come, but opportunities too

key_locations: China U.S. Eurozone Brazil Russia Turkey Thailand

key_organizations:
Deutsche Asset & Wealth Management
Deutsche Bank AG


document_description: This document provides explanations of financial and economic terms used by Deutsche Asset & Wealth Management, including definitions for emerging markets, liquidity, risk-on/risk-off behavior, developed markets, the U.S. Federal Reserve Board, BRIC, Eurozone, Bunds, Euro periphery bonds, investment grade, high yield, gross domestic product, soft landing, Asian crisis, and flash crashes.

title: Deutsche Asset & Wealth Management Glossary

key_locations:
Eurozone
Brazil
Russia
India
China
Germany
Netherlands
East Asia

document_subtype: glossary

key_organizations:
Deutsche Asset & Wealth Management
U.S. Federal Reserve Board


document_description: A memo discussing the recent market volatility, its causes, and expected impacts on specific asset classes. It offers to discuss the pullback or execute trades based on specific views.

key_organizations:
Deutsche Bank Trust Company Americas
Deutsche Asset & Wealth Management
Deutsche Bank Securities Inc.


document_description: The document is a newsletter from the CIO Office discussing the potential impacts of Brexit on the British economy and various asset classes. It also mentions the political implications and provides links for further information.

key_people:
Torsten Hang
Illya Lebedynets
Sonia Hildebran
Fabian Becher
Kristina Zvierievych

key_locations:
Germany
Austria
Luxembourg
Switzerland
Frankfurt am Main

document_subtype: newsletter

key_organizations:
Deutsche AWM Investment GmbH
Deutsche Asset Management
Deutsche Bank


document_description: Invitation to a client conference call and webcast hosted by Deutsche Bank Wealth Management, featuring Larry Adam, Chief Investment Officer and Chief Investment Strategist, Wealth Management—Americas. The event will discuss the second quarter global outlook.

title: Deutsche Bank Wealth Management Conference Call: "Second Quarter Global Outlook with Larry Adam"

document_subtype: conference invitation


document_description: Invitation to replay a presentation with Deutsche Bank Wealth Management, including audio replay details and contact information.

document_subtype: invitation

key_organizations:
Deutsche Bank
Deutsche Bank AG
Deutsche Bank Securities Inc.
Deutsche Bank Trust Company Americas


document_description: The document discusses the challenges faced by central banks, particularly the U.S. Federal Reserve, European Central Bank, and Bank of Japan, in influencing financial markets and the real economy. It highlights the shift in market perception of central banks from saviors to potential problems, especially after the U.S. Federal Reserve's interest-rate hike in December 2015. The document also notes the historically low federal funds rate and the high stakes for central banks in Europe and Japan.

title: The limits of monetary policy

document_date: March 2018

key_locations: U.S. Europe Japan

key_organizations:
European Central Bank
Bank of Japan


document_description: The article discusses the limited role of central banks in boosting potential economic growth. It highlights that while central banks can mitigate the impact of economic slumps, they cannot significantly influence long-term growth rates. The article also compares the economic situations in the U.S. and Europe, noting the challenges of maintaining growth without triggering inflation.

title: The limits of monetary policy

key_people:
Olivier J. Blanchard
Lawrence H. Summers

key_locations:
United States
United Kingdom
Southern Europe

document_subtype: article

key_organizations:
Federal Reserve
European Central Bank
Bureau of Economic Analysis
NBER


document_description: The document discusses the expansion of central bank balance sheets as a percentage of GDP across developed countries, particularly after the financial crisis. It highlights the limited effectiveness of quantitative easing (QE) in Japan from 2001 to 2006 and the challenges central banks face in boosting long-term growth potential. The document also references Rudiger Dornbusch's views on U.S. economic expansions and the historical context of Japan's economic situation since the early 1990s.

title: The limits of monetary policy

key_locations:
Japan
United States
Eurozone

key_organizations:
Federal Reserve
Bank of Japan
European Central Bank
Bank of England


document_description: The article discusses the limitations of conventional monetary policy, particularly in the context of a liquidity trap. It references Paul Krugman's work on Japan's economic slump and explores the role of central banks in influencing expectations and reducing bond yields through quantitative easing. The effectiveness of these measures is debated, with a focus on the potential impact on inflation expectations, interest rates, and investment.

title: The limits of monetary policy


document_description: The document discusses the challenges and theoretical implications of Quantitative Easing (QE) by central banks, particularly focusing on its short-term effects on markets and lending, and the uncertainties regarding its long-term impact on inflation, economic activity, and asset prices. It includes data on ECB and Fed balance sheets and their relation to 10-year Bund and Treasury yields.

title: The limits of monetary policy

key_people: Modigliani-Miller Wallace

document_date: March 2016

key_locations:
United States
United Kingdom
Eurozone
Japan

document_subtype: financial analysis

key_organizations: Deutsche Asset Management Investment GmbH


document_description: The article discusses the limitations of monetary policy, particularly in the context of the Federal Reserve's actions during the financial crisis. It highlights the challenges of quantitative easing (QE) and the assumptions required for it to be effective. The article also notes the subdued lending in the Eurozone despite monetary easing efforts.

title: The limits of monetary policy

key_locations:
United States
Eurozone
Southern Europe
Jackson Hole, Wyoming

key_organizations: Deutsche Asset Management Investment GrabH


document_description: The document discusses the limitations of monetary policy, particularly focusing on the effectiveness of Quantitative Easing (QE). It references Stephen Williamson's critique of QE's theoretical basis and its impact on asset prices. The document also explores the consequences for investors, highlighting the increased volatility in financial markets and changing correlations between asset classes.

title: The limits of monetary policy

key_people:
Stephen Williamson
Robert Barro


document_description: The document discusses the changing correlations between equities and government bonds, highlighting the recent positive correlation between the German Dax and 10-year Bunds. It explores the implications of these changes for investors, noting that traditional strategies to reduce risk by adding government bonds to equity portfolios are becoming less effective. The document also examines the role of central banks and the use of negative interest-rate policies (NIRP) as a tool to escape the liquidity trap, while cautioning about the risks and uncertainties associated with relying on central banks' interventions.

title: The limits of monetary policy

key_locations: Germany Sweden Denmark Switzerland


document_description: The article discusses the practical challenges and implications of negative interest rates (NIRP) on commercial banks and the broader economy. It highlights the reluctance of commercial banks to pass negative rates to clients, the impact on bank profitability, and the differential effects in various Eurozone countries. It also explores the potential limits of how low central banks can set interest rates and the role of currency devaluation in small open economies.

title: The limits of monetary policy

key_people:
Silvio Gesell
Lars E.O. Svensson

key_locations: Sweden Denmark Switzerland Eurozone Japan


document_description: The document discusses the European Central Bank's (ECB) monetary policy decisions announced on March 10th, 2016, including rate cuts and expansion of the asset purchase program. It highlights the ECB's challenges, such as the scarcity of government bonds and the impact on bank profitability. The ECB introduced new targeted longer-term refinancing operations (TLTRO) to stimulate lending. The market reaction to these measures was volatile, indicating the ECB's limited options to influence markets.

title: The limits of monetary policy

document_subtype: report


document_description: The document discusses the challenges and limitations of monetary policy, particularly in the context of unconventional measures like helicopter money and negative deposit rates. It highlights the shift in investor focus from gains to wealth preservation and provides a historical comparison of portfolio allocations and returns between 2004 and 2015.

title: The limits of monetary policy


document_description: The document discusses the challenges and considerations for multi-asset investors in the context of current monetary policy. It emphasizes the need for realistic return expectations, understanding various forms of risk, and the importance of safe-haven strategies. It also highlights the potential misallocation of capital due to loose monetary policy and the need for investors to align their risk profiles with their investment strategies.

title: The limits of monetary policy


document_description: The article discusses the limitations of monetary policy in the context of investment strategies. It emphasizes the importance of a global perspective, flexible diversification, and specific knowledge in navigating the investment landscape. The article suggests that traditional diversification may not be effective due to the influence of monetary policy on risk sentiment. It also highlights the need for deep local knowledge and data-driven understanding to make informed investment decisions.

title: The limits of monetary policy


document_description: This document is a glossary explaining central terms related to monetary policy and economics, including definitions of terms like balance sheet, basis point, core inflation, deflation, diversification, and more.

title: The limits of monetary policy

key_locations:
Japan
Germany
Eurozone
United States

key_organizations:
Bank of Japan
Bureau of Economic Analysis
European Central Bank
Federal Reserve System


document_description: This document provides definitions and explanations of various economic and financial terms related to monetary policy, such as investment-grade ratings, lender of last resort, liquidity trap, and quantitative easing. It also covers concepts like the real interest rate, risk premium, and the S&P 500 Index.

title: The limits of monetary policy

key_locations:
United States
Japan
China

key_organizations:
Standard & Poor's
ECB
Fed