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Price Objective Change
ng from the ongoing implementation of the Dodd-Frank financial rules. Upside risks to our price objective are a much stronger economic improvement in Puerto Rico and a better-than-expected improvement in asset quality trends at FBP. First Hawaiian Inc. (FHB) We use a three-factor valuation framework (P/E, P/
Page: HOUSE_OVERSIGHT_014382 →sién Nacional Bancaria y de Valores; Merrill Lynch (Argentina): Merrill Lynch Argentin japan): Merrill Lynch Japan Securities Co., Ltd., regulated by the Financial Services Agency; Merrill Lynch (Seoul): Merrill Lynch Financial Supervisory Service; Merrill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regulated by the
Page: HOUSE_OVERSIGHT_014394 →rated CMA CMA US Erika Najarian Commerce Bancshares Inc. CBSH CBSH US Ebrahim H. Poonawala Fifth Third Bank FITB FITB US Erika Najarian First Bancorp Puerto Rico FBP FBP US Ebrahim H. Poonawala First Hawaiian Inc. FHB FHB US Ebrahim H. Poonawala First Horizon National Corp. FHN FHN US Ebrahim H. Poonawala Fran
Page: HOUSE_OVERSIGHT_014648 →): Merrill Lynch Argentina SA, regulated by Comisién Nacional de Valores; Merrill Lynch japan): Merrill Lynch Japan Securities Co, Ltd., regulated by the Financial Services Agency; Merrill Lynch (Seoul): Merrill Lynch International Incorporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan
Page: HOUSE_OVERSIGHT_014650 →FOMC March Meeting Preview
however, are not required to create 1099s). Financial instruments, not currency Non-monetary digital asset FINMA Monetary Authority of Singapore Financial Services Agency Financial Conduct Authority SEC CFTC OCC 50 States Central Bank of Russia Russian Finance Ministry People’s Bank of China = The cryptocurrency
Page: HOUSE_OVERSIGHT_025685 →Spain Industrial Output SA YoY Sep 3.4% 3.1% 1.8% 1.9% = The US labor market continues to tighten; the small miss in claims is largely explained by Puerto Rico. = Chinese trade growth moderated; deals announced during President Trump’s visit are unlikely to reduce trade deficit. = Eurozone data came in mixe
Page: HOUSE_OVERSIGHT_025691 →Entities connected to both the Financial Services Agency and Puerto Rico

George W. Bush
PERSON
JPMorgan Chase
ORGANIZATION
United States
LOCATION
Marc Rich
PERSON
Condoleezza Rice
PERSON
Barack Obama
PERSONthe Securities and Exchange Commission
ORGANIZATION
Donald Trump
PERSON
Joe Biden
PERSON
U.S. Treasury
ORGANIZATIONChristopher
PERSON
United Kingdom
LOCATION
Paul Ryan
PERSON
Bloomberg L.P.
ORGANIZATION
Eric Holder
PERSON
Shinzo Abe
PERSON
Morgan Stanley
ORGANIZATION
Bank of America
ORGANIZATION
Ralph Lauren
PERSON
Columbia University
LOCATION