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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01454651: Deutsche Bank (DS10)

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Email dated July 7, 2014 from Vahe Stepanian, Associate at Deutsche Bank Securities Inc., to Paul Morris regarding a margin call from Deutsche Bank AG to Southern Financial. The communication references Deutsche Bank's Wealth Investment Coverage division and lists Deutsche Bank Private Bank's address at 345 Park Avenue, 27th Floor, New York, NY. The document is marked confidential pursuant to federal regulations.

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Excerpt 1
From: Vahe Stepanian Sent: 7/7/2014 1:29:28 PM To: Paul Morris CC: Amanda Kirby Subject: Re: Fw: Margin Call from **DEUTSCHE** **BANK** AG (157) to SOUTHERN FINANCIAL
Excerpt 2
Thank you, Vahe (Embedded image moved to file: pic27846.gif) Vahe Stepanian Associate I Wealth Investment Coverage **Deutsche** **Bank** Securities Inc.
Excerpt 3
Managing Director **Deutsche** **Bank** Private Bank 345 Park Avenue, 27th Floor New York, NY 10154 office: CONFIDENTIAL - PURSUANT TO FED.

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