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e US (short name: legal name, regulator}: Merril International, regulated by the Financial Conduct Authority (FC
thority (Hong Kong): Merrill Lynch (Asia lated by the Monetary Authority of Israel}: Merrill Lynch Lynch lidrios; Merrill Lyn
seems to be the only one in the region that is expected to display a much lower sensitivity to US rates, outperforming others within Asia. We expect the Monetary Authority of Singapore to keep the SGD NEER in the weaker side of the band for the next few months, which reduces the downside risk for the trade (Chart 69). We like the IN
Page: HOUSE_OVERSIGHT_014770 →Group, Goldman Sachs Global Investment Research, International Energy Agency, OPEC, US Department of Energy, Ener
jaws in the United Kingdom; GSSP is regulated by the Monetary Authority of Singapore under Singaporean laws; and GSALLC is re
Earnings Preview
2%) EBITDA margin in the US and (19.0%) margin in International. The company continues to expect little to no ad
: Merrill Lynch (Singapore) Pte Ltd, regulated by the Monetary Authority of Singapore (MAS); Merrill Lynch (Canada): Merrill Lynch Cana
Entities connected to both UPS International and The Monetary Authority of Singapore

Donald Trump
PERSONthe Dubai Financial Services Authority
ORGANIZATION
Michael Bloomberg
PERSON
United Kingdom
LOCATION
Seoul
LOCATIONthe Prudential Regulation Authority
ORGANIZATION
Frankfurt
LOCATION
International Spa
ORGANIZATION
Marc Rich
PERSON
the Financial Services Agency
ORGANIZATIONthe Capital Market Authority
ORGANIZATION
United States
LOCATIONthe Securities and Futures Bureau
ORGANIZATIONDSP Merrill Lynch Limited
ORGANIZATION
U.S. Treasury
ORGANIZATIONthe Financial Supervisory Service
ORGANIZATIONPierce, Fenner & Smith Incorporated
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATION
Merrill Lynch
ORGANIZATIONThe Financial Service Board
ORGANIZATION