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sd-10-EFTA01461420Dept. of JusticeOther

EFTA Document EFTA01461420

From: Tazia Smith Sent: 3/19/2014 9:22:16 AM To: jeevacation@gmail.com CC: Paul Morris Vinit Sahni ahe Stepanian Subject: PDVSA 5% 10/28/15 now completely retraced recent drop... lC) Classification: Confidential Nay Gupta Jeffrey - PVDSA has now fully recouped recent losses. You're now down 5246,600 on your 4.5mm PVDSA 5% 10/28/15 (your average cost is 91.08) Mid-level 85.6, 15.53% yield (Bloomberg, 3/19/14) PDVSA 5% 10/15 -1 r Price History PDVSA S 10/28/15 6(K) 1512.6 bp v

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sd-10-EFTA01461420
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From: Tazia Smith Sent: 3/19/2014 9:22:16 AM To: jeevacation@gmail.com CC: Paul Morris Vinit Sahni ahe Stepanian Subject: PDVSA 5% 10/28/15 now completely retraced recent drop... lC) Classification: Confidential Nay Gupta Jeffrey - PVDSA has now fully recouped recent losses. You're now down 5246,600 on your 4.5mm PVDSA 5% 10/28/15 (your average cost is 91.08) Mid-level 85.6, 15.53% yield (Bloomberg, 3/19/14) PDVSA 5% 10/15 -1 r Price History PDVSA S 10/28/15 6(K) 1512.6 bp v

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From: Tazia Smith Sent: 3/19/2014 9:22:16 AM To: jeevacation@gmail.com CC: Paul Morris Vinit Sahni ahe Stepanian Subject: PDVSA 5% 10/28/15 now completely retraced recent drop... lC) Classification: Confidential Nay Gupta Jeffrey - PVDSA has now fully recouped recent losses. You're now down 5246,600 on your 4.5mm PVDSA 5% 10/28/15 (your average cost is 91.08) Mid-level 85.6, 15.53% yield (Bloomberg, 3/19/14) PDVSA 5% 10/15 -1 r Price History PDVSA S 10/28/15 6(K) 1512.6 bp vs T 0.250 02/29/2016 *. , 11.3hrl ; 85.500 I 87.750 Le 84.500 Yid 15.475 TRAC IdokrigififilliK:TAIlfil 99 Save As 96 Actions - 9$ Table Line"Ollffew arrinn "rnn it prike " ETIEN =I" " le , a; Se:u— E Tracy: Annotate News Zoom An%kbek- Afi bij 14 \ 4, c• Last Price 85.600 T High on 04/01/13 95.300 4- Average 87.300 1. Low on 02/19/14 75.990 . . . . . . . . . olume 11311.000 MAVG (15) 11883.46 Jun Mar 95 91.080 >V SS 80 75 0 Used with permission of Eitoomberg Finance LP Tazia Smith Director I Key Client Partners - US Deutsche Bank Securities Inc Deutsche Asset 8 Wealth Management 345 Park Avenue. 26th Flea New York. NY 10154 Tel +1 (212) 454-2889 Fax +1 (646 257-3131 Mobile + Email CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0123458 CONFIDENTIAL SDNY_GM_00269642 EFTA01461420

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Emailjeevacation@gmail.com
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Subject: Re: USD/MXN Follow-U From: Vahe Stepanian < Date: Wed, 26 Feb 2014 16:36:00 -0500 To: Cc: Paul Morris < >, Classification: Confidential Harry - further (per our conversation), the spot trades were executed as follows: 1) 1/14: Bought MXN 39,253,441.02 @ 13.0975 (USD $2,997,017.83) 2) 1/27: Sold MXN 38,199,653.10 @ 13.4415 (USD $2,841,918.91) These were executed at the same time as the buy/sell of the Mex bonds Hope this helps. Vahe From: Vahe Stepanian/db/dbcom To: Cc:

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Subject: Fw: 110/86, 105/90.25 [C] From: Paul Morris Date: Fri, 14 Mar 2014 15:38:27 -0400 To: Classification: Confidential he decided not to trade today Paul Morris Managing Director Deutsche Bank Private Bank Forwarded by Paul Morris/db/dbcom on 03/14/2014 03:38 PM From: Tazia Smith/db/dbcom To: jeevacation@gmail.com, Cc: Paul Morris, Vinit Sahni/db/dbcom@DBEMEA, Nav Gupta/db/dbcom@DBEMEA, Vahe Stepanian/db/dbcom@DBAmericas Date: 03/14/2014 01:28 PM Subject: Re: 110/86, 105/90

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From: Vinit Sahni Sent: 3/13/2014 9:33:42 PM To: Paul Morris ; Nay Gupta j; Tazia Smith -I Subject: Re: Trade Report 3/13/14 - WTI Zero Cost Risk Reversal IC) classification: confidential Nam actually came back to him very quickly we should point out. we just dont have the market making capabilities in options and therefore gave him an option straight away. original Message From: Paul Morris Sent: 03/13/2014 06:53 PM EDT To: Vinit Sahni; Nav Gupta; Tazia Smith Subject: Fw: T

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Subject: RE: Energy Renaissance E uities + Trade idea: KI Brent puts [C) From: Tazia Smith < Date: Mon, 03 Mar 2014 14:32:52 -0500 To: Cc: Paul Morris Vahe Stepanian < Classification: Confidential Yes, will do - thanks Jeanne! (Embedded image moved to file: pic26026.gif) Tazia Smith Director I Key Client Partners - US Deutsche Deutsche 345 Park New York Tel. Fax Mobile Email Bank Securities Inc Asset & Wealth Management Avenue, 26th Floor NY 10154 (Embedded From: To: C

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Subject: Fw: Jeffrey - Two 9month expiry Rupee option trades + historical charts From: Tazia Smith < Date: Tue, 20 May 2014 15:20:04 -0400 To: jeevacation@gmail.com Cc: Paul Morris <I >, Nav Gupta ":n Vinit Sahni Vahe Stepanian Jeffrey - Traders' view is that accurate history on the option itself (9mo ATM USDpINRc, for example) doesn't exist given the forward points, vol, liquidity, etc backdated inputs would not be accurate. That sa id, I've included the 6 and 12mo ATM USDINR implied v

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