3
Shared Docs
2
Same-Page
3 / 3
Mentions
iness Development Chairman Chairman Chief Executive Officer Chief Operating Officer Founder and Group Chief Executive Officer Managing Editor Bank of America Corporation USA African Development Bank Tunisia (NOB) Mubadala Development United Arab Emirates Company METRO GROUP Germany Sonntag Switzerland NZZ
r Clifford Chance LLP United Kingdom Oleg Popov Chief Executive Officer System Capital Management Ukraine Ruth Porat Chief Financial Officer Morgan Stanley USA Michael E. Porter Bishop William Lawrence University Harvard Business School USA Professor Roberto Poti Head of International, Renewable Edis
eng Nation Adrian Monck Managing Director, Head of Communications and Media, World Economic Forum Thomas K. Montag Co-Chief Operating Officer Bank of America Corporation USA Gabriela Montero Pianist, Venezuela Mario Monti Prime Minister of Italy Moon Chung-In Professor of Political Science Yonsei University R
Airways United Arab Emirates Affairs Oleg Popov Chief Executive Officer System Capital Management Ukraine Ruth Porat Chief Financial Officer Morgan Stanley USA Peter Portin Chief Financial Officer XL Group Plc USA Julio Portalatin President and Chief Executive Officer Mercer (MMC) USA Rob Portman S
Price Objective Change
integration risks. Upside risks to our price objective are better than expected equity markets, performance, or flows, or an accretive acquisition. Morgan Stanley (MS) We value the brokers based on the relationship between ROE (return on equity} and PB (price to book), which has a high historical correlation. Ou
Page: HOUSE_OVERSIGHT_014385 →ions, including transactions in any securities mentioned in this report. Copyright and General Information regarding Research Reports: Copyright 2016 Bank of America Corporation. All rights reserved. iQmethod, iQmethod 2.0, iQprofile, iQtoolkit, iQworks are service marks of Bank of America Corporation. iQanalytics®, iQcustom®
Page: HOUSE_OVERSIGHT_014395 →Entities connected to both Bank of America Corporation and Morgan Stanley

Jeffrey Epstein
PERSON
George W. Bush
PERSON
Ghislaine Maxwell
PERSON
Prince Andrew
PERSON
United States
LOCATION
Richard Kahn
PERSON
Marc Rich
PERSON
JPMorgan Chase
ORGANIZATION
Donald Trump
PERSONLeon Black
PERSON
Joi Ito
PERSON
Paul Ryan
PERSON
Julie K. Brown
PERSON
Bloomberg L.P.
ORGANIZATION
Alan Dershowitz
PERSON
Condoleezza Rice
PERSON
Bill Clinton
PERSON
Samantha Power
PERSON
Michael Cohen
PERSON
Joe Biden
PERSON