Illegal Activity
none
Blackmail
none
Date
Unknown
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document describes the fee structure and benefits associated with the Insured Deposit Program (IDP) and the DB AG NY Sweep Program, highlighting the roles of DBSI, Pershing, and DBTCA. It also explains FDIC insurance limitations and the handling of excess deposits.
Metadata
- Subject
- —
- Sender
- —
- Recipients
- —
- Document ID
- WM179143 015105.011718
- Date
- —
Relationships 5
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| DBSI | business | Pershing | Pershing receives fees from DBSI for services related to the DB AG NY Sweep Program. |
| DBTCA | business | Program Bank | DBTCA serves as a Program Bank in the IDP and benefits from the use of funds deposited with it. |
| DBTCA | business | Excess Bank | DBTCA serves as an Excess Bank in the event of deposits exceeding $2.5 million. |
| DBSI | business | DB AG NY Sweep Program | DBSI may receive an intercompany credit for funds placed with the Branch through the DB AG NY Sweep Program. |
| DBTCA | business | DB AG NY Sweep Program | DBTCA receives fees for services provided in connection with the DB AG NY Sweep Program. |
Notable Quotes 2
The fee retained by DBSI and Pershing is subject to change but shall not exceed 125 basis points (1.25%) and DBSI or Pershing may waive all or a portion of the fees payable to DBSI or Pershing.
Any deposits over the $2.5 million maximum are automatically swept into an Excess Bank and are not eligible for FDIC insurance.
Financial Information
Amounts:125 basis points (1.25%)$2.5 million4 basis points (0.04%)10 basis points (0.10%)$2.5 million52.5 million
Transactions:
- Fees retained by DBSI and Pershing
- Fees received by DBTCA from the Branch
- Fees paid by DBSI to Pershing
- Sweeps to Money Market Sweep Funds
- Automatic sweeps into an Excess Bank
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 6
DBSIPershingDBTCAFDICDB AG NY Sweep ProgramMoney Market Sweep Funds
Locations 1
NY
Financial Entities 2
Program BankExcess Bank
Text Analysis
- Tone
- Informative
- Purpose
- To describe the fees, benefits, and mechanics of the Insured Deposit Program (IDP) and the DB AG NY Sweep Program.
- Significance
- This document outlines the financial relationships and compensation structures within the IDP and DB AG NY Sweep Program, including fees, benefits, and FDIC insurance limitations.
File Info
- File Name
- EFTA01377854.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:01.841520
- DOJ Source
- View on DOJ