Competence Centres

Oppenheim Research

Dear Sir/Madam,
With effect from 15 March 2010, Germany’s largest financial institution and one of the world’s leading banks, Deutsche Bank AG, will be the new owner of Sal. Oppenheim jr. & Cie. Luxembourg S.A.

This change in ownership also means a change in our business strategy and service offering: Sal. Oppenheim will focus on integrated asset management as an independent bank in the future. Individual business units of our Investment Banking division, including Equity Research, have been sold to the Australian Macquarie Group. Due to these developments, the Oppenheim Research online portal will be closed down at the beginning of the second quarter. We ask for your cooperation in this matter.

Your personal contact and client advisor is available to answer any questions you may have.

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