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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01458287: Deutsche Bank and Vulnerable (DS10)

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This document is a Deutsche Bank AG research or analysis report marked confidential pursuant to Federal Rules of Criminal Procedure 6(e), discussing emerging market financial flows and vulnerability to reversals in hot money flows. The document references data from the IMF and Haver Analytics and analyzes post-2008 financial patterns in Asia and emerging market economies.

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**Bank**, MF, Haver Analytics, CEC Source **Deutsche** **Bank**, IMF, Haver Analytics CEIC Figure 7: In the rest of Asia, big post-08 financial inflows Figure 8:
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**Bank**, MF, Haver Analytics, CEIC Source **Deutsche** **Bank**, IMF, Haver Analytics CEIC You've seen yuan, you've seen EM all While the aggregate masks considerable
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Page 4 **Deutsche** **Bank** AG/London CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0118136 CONFIDENTIAL SDNY_GM_00264320 EFTA01458287

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