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convert held to matunty; oil coupons included EFTA00821594 Source: Bloomberg Amanda Ens Director Bank of America Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park, Sth Floor, New York, NY 10036 Phone: The power of Mahal connections' ;)id:image001.png@01D1B4D 2.34B2F410 From: jeffrey E. [ma
oil prices • Poor liquidity in a crowded trade (Volcker Mc and other structural changes) The Japanese ha
orry for the inconvenience. Please let me know what you prefer. Thanks, Amanda Amanda Ens Director Bank of America Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park, 5th Floor, New York, NY 10036 Phone: Mobile The power of global connectionsTM From: Jeffrey E. [mailto:ieevacationOomail.com] S
correlation between bonds and equities turns higher • High yield keeps climbing despite falling oil prices • Poor liquidity in a crowded trade (Volcker rule and other structural changes) The Japanese had been huge incremental buyers of US corporate credit this year but last week's data shows this f
Amanda Amanda Ens Director Bank of America Merrill Lynch Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park, 5th Floor, New York, NY 10036 <mailto The power of global connections'" From: Ens, Amanda Sent: Thursday, August 04, 2016 6:30
if the correlation between bonds and equities turns higher High yield keeps climbing despite falling oil prices Poor liquidity in a crowded trade (Volcker rule and other structural changes) The Japanese had been huge incremental buyers of US corporate credit this year but last week's data shows this fe
nded recipient, please delete this message. Amanda Ens Director Bank of America Merrill Lynch 15 EFTA_R1_01555903 EFTA02454275 Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park, 5th Floor, New York, NY 10036 Phone: Mobile The power of global connections'" This message, and any attachments, is for the int
if the correlation between bonds and equities turns higher High yield keeps climbing despite falling oil prices Poor liquidity in a crowded trade (Volcker rule and other structural changes) 9 EFTA_R1_01555897 EFTA02454269 The Japanese had been huge incremental buyers of US corporate credit this yea
ded recipient, please delete this message. Amanda Ens Director Bank of America Merrill Lynch 16 EFTA_R1_001 07695 EFTA01785514 Merrill Lynch, Pierce, Fenner & Smith Incorporated One Bryant Park, 5th Floor, New York, NY 10036 The power of global connections'" This message, and any attachments, is for the intended recipient(
if the correlation between bonds and equities turns higher High yield keeps climbing despite falling oil prices Poor liquidity in a crowded trade (Volcker rule and other structural changes) 10 EFTA_R1_00107689 EFTA01785508 The Japanese had been huge incremental buyers of US corporate credit this ye
ignificant concern when thinking about SIVB's growth trajectory. Another issue that has not been discussed much but could occur is any changes in the Volcker rule that would allow the bank to once again participate in investing capital in PE/VC funds. We view this restriction as an unintended consequence o
Page: HOUSE_OVERSIGHT_014633 →nch Global Research policies relating to conflicts of interest are described at http://go.bofa.com/coi. "BofA Merrill Lynch" includes Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial a
Page: HOUSE_OVERSIGHT_014650 →Entities connected to both Pierce, Fenner & Smith Incorporated and Paul Volcker

Jeffrey Epstein
PERSON
Richard Kahn
PERSON
Eric Holder
PERSON
Marc Rich
PERSONAmanda
PERSONAmanda Ens
PERSON
Bloomberg L.P.
ORGANIZATION
Donald Trump
PERSON
Bill Clinton
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United States
LOCATION
George W. Bush
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Merrill Lynch
ORGANIZATION
United Kingdom
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Barack Obama
PERSON
John Brennan
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Ghislaine Maxwell
PERSON
Bank of America
ORGANIZATION
U.S. Treasury
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John F. Kennedy
PERSON
Stephen Hawking
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