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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01459035: Deutsche Bank and Offshore (DS10)

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This document contains financial analysis from Deutsche Bank AG/London discussing European asset divestiture trends, the Euroglut thesis, and offshore asset holdings in the UK and other locations. The document is marked confidential pursuant to Federal Rule of Criminal Procedure 6(e) and references Bloomberg Finance LP as a source. No specific names, dates, or transactions involving Epstein are evident in the excerpts.

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**Bank**, Bloomberg Finance LP Source: **Deutsche** **Bank**, Bloomberg Finance LP A recent criticism of the Euroglut thesis is that foreign divestitures now account
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**Bank**, Bloomberg Finance LP Source **Deutsche** **Bank**, Bloomberg Finance LP (figure 8).
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Page 4 **Deutsche** **Bank** AG/London CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0119237 CONFIDENTIAL SDNY_GM_00265421 EFTA01459035

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