📄 Extracted Text (482 words)
From: Brad Wechsler
To:
Cc: [email protected] <jeevacation©gmail.com>
Sent: Friday, April 10, 2015 7:29:27 PM
Subject: Re: Follow up
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From: Amanda Kirby [mailto
Sent: Thursday, April 09, 2015 02:17 PM
To: Brad Wechsler
Subject: Follow up
Brad,
As a follow up to our conversation I wanted to highlight the difference between a Limited POA and a Full POA.
As a Limited POA Jeffrey will only be able to trade in Leon's account. As a Full POA he will be able to trade,
move assets and sign documents. I wanted to make sure this was clarified before you speak with Leon and
Jeffrey tomorrow.
Also, I know you are not currently focused on investments but a number of our family office clients have
found our deposit and cd rates attractive for excess cash and current rate environment. Since Leon already
has bank accounts opened I've attached those rates for reference.
Deutsche Bank AG Preferred CD Client Rates (Not FDIC Insured) As of April 9, 2015
Tenor Interest Rate Annual Percentage Yield
1-month 0.19% 0.19%
3-month 0.26% 0.26%
6-month 0.40% 0.40%
24-month 1.15% 1.16%
Deutsche Bank AG Preferred CD Promotional Client Rates (Not FDIC Insured) March 09-June 12, 2015
Tenor Interest Rate Annual Percentage Yield
7month 0.55% 0.55%
12-month 0.90% 0.90%
18-month 1.05% 1.06%
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Deposit Rates As of April 6, 2015
Elite products Rate Annual Percentage Yield (APY)
Checking with Interest (NOW) 0.10% 0.10%
Personal Money Market Deposit 0.35% 0.35%
Business Money Market Deposit
Balances < 550mm 0.20% 0.20%
Balances between S50mm & 0.15% 0.15%
S100mm
Balances > 5100mm 0.10% 0.10%
Please let me know if you have any questions
Best,
Amanda Kirby
Amanda Kirby
Deutsche Bank Trust Company Americas
WM Americas
345 Park Avenue, 24th Fl
10154-0004 New York, NY, USA
Tel.
Fax
Ema
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