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utional investors and/or accredited investors (each as defined under the Financial Advisers Regulations) by Merrill Lynch International Bank Limited (Merchant Bank} (MLIBLMB) and Merrill Lynch (Singapore) (Company Registration Nos F 06872E and 198602883D respectively). MLIBLMB and Merrill Lynch (Singapore} are r
Page: HOUSE_OVERSIGHT_014429 →sits or other among others, m instruments may income from suc lose their entire principal inves Futures and options are not ap disclosure documents. Investmen BofA Merrill Lyne action may be limited by regulations p executing any short idea contained in Foreign currency rates of exchange may adversely affec
Page: HOUSE_OVERSIGHT_014430 →Investment Strategy
ities o return expectation and attractiveness for investmen ock's fundamental equi he implemen action may be
vice on securities (and not futures contracts). Singapore recipients of this research report should contact Merrill Lynch International Bank Limited (Merchant Bank} and/or Merrill Lynch (Singapore) Pte Ltd in respect of any matters arising from, or in connection with, this research report. 26 Global Cross Asset
Page: HOUSE_OVERSIGHT_014458 →are dif return expectation and attractiveness for investmen ock's fundamental equi eign currency rates of ex
utional investors and/or accredited investors (each as defined under the Financial Advisers Regulations) by Merrill Lynch International Bank Limited (Merchant Bank} (MLIBLMB) and Merrill Lynch (Singapore) (Company Registration Nos F 06872E and 198602883D respectively). MLIBLMB and Merrill Lynch (Singapore} are r
Page: HOUSE_OVERSIGHT_014650 →are dif return expectation and attractiveness for investmen ock's fundamental equity rating. e for all invest
d distributed in H errill Lynch (India}; International Bank L ingapore) are regula long Kong by Merrill Lynch (H and is issued and distribu imited (Merchant Bank} (ML ed by MAS. Bank of America e uted in In ons) by dia by DSP errill Lynch its jo approval is required for pu horized and regulated by s of the
Page: HOUSE_OVERSIGHT_014999 →Entities connected to both Merchant Bank and Investmen

Michael Bloomberg
PERSON
United Kingdom
LOCATION
Bank of America
ORGANIZATION
Merrill Lynch
ORGANIZATION
Donald Trump
PERSONThe Financial Service Board
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATION
Seoul
LOCATIONthe Securities and Futures Bureau
ORGANIZATIONBaFin
ORGANIZATION
Frankfurt
LOCATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATIONILynch
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATIONMerrill Lynch International Bank Limited
ORGANIZATION
Bank of America Corporation
ORGANIZATIONMerrill Lynch KSA Company
ORGANIZATION
BofA Merrill Lynch
ORGANIZATIONBank of America Merrill Lynch International Limited
ORGANIZATION