Epstein Index›Documents›EFTA01451032
💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01451032: Deutsche Bank (DS10)

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This document is a Deutsche Bank financial analysis or market report sourced from Bloomberg Finance LP discussing emerging markets (EMs) performance in energy and materials sectors, with conclusions about valuation and secular decline of EM profitability. The document is marked confidential pursuant to Federal Rules of Criminal Procedure 6(e) and is from Deutsche Bank AG/London.

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**Bank**, Bloomberg Finance LP Source: **Deutsche** **Bank**, Bloomberg Finance LP 7) EMs have fared especially badly in energy and materials primarily due to the
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**Bank**, Bloomberg Finance LP Source: **Deutsche** **Bank**, Bloomberg Finance LP Conclusion; valuation now ambivalent, but the secular decline of EM profitability
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Page 16 **Deutsche** **Bank** AG/London CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0107150 CONFIDENTIAL SDNY_GM_00253334 EFTA01451032

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