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📄 Extracted Text (400 words)
From: Jeffrey Epstein <[email protected]>
Sent: Friday, January 24, 2014 3:34 PM
To: Vahe Stepanian
Subject: Re: CAD Trade Premium [C]
standing instructions or a balance kept there whatever =asier
On Fri, Jan 24, 2014 at 10:56 AM, Vahe Stepanian «= href="mailto
target=' blank" wrote:
Classification: Co=fidential
Jeffrey,
Following up conversations with both Harry and Darren (CC'ed).
Attached is a letter of authorization (LOA) for your signature to wire USD to DB London to cover the premium on
last week's CAD trade.
The reason for the LOA:
For FX (and many other OTC trades), DB AG London will be your counterpar=y. So, when there is premium paid,
that money needs to go from your DB NY account to DB AG London.
(a) We can set up standing instructions:
A standing LOA from your DB NY account to DB London can be set up. We can make these instructions require
your (or Harry/Jeanne's) verbal con=irmation before any money moves (this can be done upon trade). This will avoid an
LOA needing to be signed for every trade. You (or Harry) will still need to sign OTC confirms (standard).
Or
(b) You (or Harry/Jeanne) can sign an LOA for each relevant trade
Please let us know which you prefer.
Thank you,
Vahe
Vahe Stepanian
Associate I Wealth Investment Coverage
Deutsche Bank Securities Inc.
Deutsche Asset & Wealth Management
345 Park Avenue - 26th Floor
EFTA_R1_01754260
EFTA02579494
New York, NY 10154.0004
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2
EFTA_R1_01754261
EFTA02579495
ℹ️ Document Details
SHA-256
b7bc5bc02910be9dbd68e1d989d33987407245d765708f89ffa1c170b634def2
Bates Number
EFTA02579494
Dataset
DataSet-11
Type
document
Pages
2
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