Illegal Activity
suspicious
Blackmail
possible
Date
2017-02-01
Document Type
email
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
Richard Kahn requests a call with Stewart Oldfield to discuss DB deposits and a muni structure. Stewart Oldfield offers materially higher deposit rates to JE/SF if they hold their cash in DBAG's NY Branch, highlighting Deutsche Bank's desire to increase deposits in the US.
Metadata
- Subject
- Re: DB deposits
- Sender
- Richard Kahn
- Recipients
- Stewart Oldfield
- Document ID
- DB-SDNY-0062483
- Date
- 2017-02-01
Illegal Activity
- Severity
- suspicious
- Description
- The email discusses offering preferential deposit rates to JE/SF, which could potentially raise concerns about fair banking practices or undisclosed benefits. The reference to 'JE/SF's cash position' and the desire to increase deposits in the US could be seen as suspicious, depending on the context and the source of the funds.
- Content Type
- first_hand
Blackmail Indicators
- Likelihood
- possible
- Description
- The statement 'I didn't want to discuss JE/SF's cash position with Steve in the room yesterday' suggests a level of discretion or secrecy around the client's financial dealings, which could potentially be exploited.
Relationships 4
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Stewart Oldfield | Employment | Deutsche Bank | Stewart Oldfield is a Director at Deutsche Bank Trust Company Americas. |
| Richard Kahn | Employment | HBRK Associates Inc. | Richard Kahn works at HBRK Associates Inc. |
| Stewart Oldfield | Business | Richard Kahn | They are discussing DB deposits and muni structure. |
| JE/SF | Client | Deutsche Bank | JE/SF holds cash at Deutsche Bank. |
Notable Quotes 2
I didn't want to discuss JE/SF's cash position with Steve in the room yesterday, but we can offer materially higher deposit rates (65bps currently) if he holds his cash in DBAG's NY Branch.
As we've previously discussed, DB has a strong appetite to increase deposits directly in the US (as opposed to moving funding from Germany to the US).
Red Flags 1
- Offering materially higher deposit rates to a specific client (JE/SF) to encourage them to hold more cash in Deutsche Bank's NY Branch.
Financial Information
Amounts:65bps
Assets:
- Cash balances
Transactions:
- DB deposits
- Moving funding from Germany to the US
- Linking DB AG accounts to existing accounts
Public Knowledge
- Context
- The email discusses financial dealings with JE/SF, which could be of interest to the media given the context of the investigation.
- Media Worthy
- Yes
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealingsCommunications/correspondence
Organizations 7
Deutsche Bank Trust Company AmericasDeutsche Bank Wealth ManagementDeutsche Bank Securities Inc.HBRK Associates Inc.DBAGDOJDB AG
Locations 6
New YorkNYGermanyUS345 Park Avenue, New York, NY 10154575 Lexington Avenue 4th Floor, New York, NY 10022
Financial Entities 1
Deutsche Bank
Text Analysis
- Tone
- Professional
- Purpose
- To schedule a call to discuss DB deposits and muni structure, and to offer materially higher deposit rates to JE/SF if they hold their cash in DBAG's NY Branch.
- Significance
- This email discusses offering higher deposit rates to a client (JE/SF) to encourage them to hold more cash in Deutsche Bank's NY Branch, potentially indicating a desire to increase deposits in the US.
File Info
- File Name
- EFTA01369955.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:12.614280
- DOJ Source
- View on DOJ