From: Richard Kahn Sent: Thursday, July 21, 2016 12:12 PM To: Jeffrey Epstein Subject: Fwd: BNY Mellon: 2416 First Pass: In Line as Gross Margins Offset Expense Beat Sent from my iPhone =br>Begin forwarded message: =rom: "Morgan Stanley Date: Jul 21, 2016 at 8:04:13 A= EDT To: Subject: BNY Mellon: 2416 First Pass: In=Line as Gross Margins Offset Expense Beat Reply-To: <mswmir-cie-feedback@morg=nstanley.com> <http://www.morganstanley.com/img/cs/=pacer.gif> chttp://www.morganstanley.com/img/cs/=pacer.gif> <http://www.morganstanley.com/img/cs/=pacer.gif> <http://www.morganstanley.com/img/cs/=pacer.gif> <http://www.morganstanley.com/img/cs/=pacer.gif> <http://www.morganstanley.com/img/cs/spacer.gif> <http://www.morganstanley.com/img/cs/=pacer.gif> <http://www.morganstanley.com/img/cs/spacer.gif> <http://www=morganstanley.com/img/cs/spacer.gif> <http://www.morganstanley.com/i=g/cs/spacer.gif> <http://www.morganstanley.com/img/cs/spacer.g=f> Wealth management <http://www.morganstanley.com/img/cs/spacer.g=f> <http://www.morganstanley.com/img/cs/spacer.g=f> <http://www.morganstanley.com/i=g/cs/spacer.gif> <http://www.morganstanley.com/img/cs/spacer.g=f> Subscription N=tification: July 21 <http://www.morganstanley.com/i=g/cs/spacer.gif> <http://www=morganstanley.com/img/cs/spacer.gif> <http://www.morganstanley.com/img/cs/spacer.g=f> BNY Mellon: 2Q16 First Pass: In Line as Gross Margins Offset Expense Bea= <http://linkback.morganstanley.com/web=sendlink/webapp/f/7ctqq780-3pif-g000-9a31- 005056028300?store=l&d=Uw=SZKNIYYJjaF9NUwBkYjIkNDE3OC00ZDQyLTExZTYtODI4Zi03YTRmNAMzEzMmQ%3D&use ==iwbt68jbgq60t3-0&_gda_=1532261053_e1045fbld18a68f90cf7bc7ecbSb48=f> Betsy L. Graseck, CFA — Morgan Stanley4=2> July 21, 2016 12:02 PM GMT EFTA_R1_01402840 EFTA02384911