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of Betterment), Randy Sternke (Vice President, Business Development at Alkanza), and Vaughn Bowman (Director, Managed Solutions Channel Management at BofAML). Each firm discussed the unique aspects of their individual business models and where they see the robo industry headed in the future. ¢ Broverman
Page: HOUSE_OVERSIGHT_014367 →lo SA, regulat essional clients Branch, whi e from us and distribu uted in Taiwan ralia) and errill Lynch (Spain): Merrill Lynch Capital ed by Comissdo de Valores Mobiliarios; Merri US (short name: legal name, regulator): Merrill Lynch (Sou d by the Financial Conduct Au Lynch Equities (Australia) Limited, regulated by the
Page: HOUSE_OVERSIGHT_014394 →ound 3% in 2017 and 3.5% in 2018. That in turn would mean a more aggressive Fed and in all likelihood a bigger rise in yields and the USD. Chart 15: BofAML sees GDP accelerating into 2018... Chart 16: ...with inflation picking up too m Global GDP growth % m DM GDP growth % m EM GDP growth % m Global CPI
Page: HOUSE_OVERSIGHT_014466 →AS.V., regulated by Comisién Nacional del Mercado De Valores; Merrill Lynch (Brazil}: Bank of America Merrill Lynch Banco Multiplo S.A., regulated by Comissdo de Valores Mobiliarios; Merrill Lynch KSA Company, errill Lynch Kingdom of Saudi Arabia Company, regulated by the Capital Market Authority. This research report: has been a
Page: HOUSE_OVERSIGHT_014496 →Estimate Change
nauthorized redistribution of this report is prohibited. This report is intended for [email protected] Hess Corp. Inflection point: adding Hess to BofAML’s US 1 ‘best ideas’ list Reiterate Rating: BUY | PO: 80.00 USD | Price: 49.97 USD Short interest ratio: catalyst for recovery Over the past six m
Page: HOUSE_OVERSIGHT_014873 →pana, S.AS.V., regu Comisién Nacional del Mercado De Valores; Merrill Lynch (Brazil): Bank of America Merrill Lynch Banco Multiplo S.A., regulated by Comissdo de Valores Mobiliarios; Merrill Lynch KSA Company, Merrill Lynch In Bank Limited (Merchant Bank} (MLIBLMB) and Merrill Lynch (Singapore) (Company Registration Nos F 06872
Page: HOUSE_OVERSIGHT_014885 →Entities connected to both Comissdo de Valores Mobiliarios and BofAML

Donald Trump
PERSON
Bank of America
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATION
Merrill Lynch
ORGANIZATION
Frankfurt
LOCATION
Bank of America Corporation
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATIONThe Financial Service Board
ORGANIZATIONMerrill Lynch KSA Company
ORGANIZATIONMerrill Lynch International Bank Limited
ORGANIZATIONMerchant Bank
ORGANIZATION
United Kingdom
LOCATION
Michael Bloomberg
PERSON
BofA Merrill Lynch
ORGANIZATIONBank of America Merrill Lynch International Limited
ORGANIZATIONthe Investment Industry Regulatory Organization of Canada
ORGANIZATION
Bank of America, N.A.
ORGANIZATION
Seoul
LOCATIONPierce, Fenner & Smith Incorporated
ORGANIZATIONthe Central Bank of Ireland
ORGANIZATION