Tazia Smith from Deutsche Bank Securities Inc. informs Jeffrey about the BRL step up notes marking down more than 20% due to the BRL being down 17% vs. USD. The notes have a 15% European barrier with final valuation dates on 3/20/14 and 4/14/14. Tazia seeks Jeffrey's view on the situation given his -10% rule.
documents/vol00010-efta01344656-pdf.pdf
{"key_people":["Tazia Smith","Jeffrey Epstein","Vahe Stepanian"],"document_date":"2013-11-12","document_type":"correspondence","key_locations":["New York, NY"],"key_organizations":["Deutsche Bank Securities Inc","Deutsche Asset & Wealth Management"],"reference_numbers":["DB-SDNY-0030362","SDNY_GM_00176546","EFTA01344656"]}