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e SA Altice USA Amazon.com Inc. American Airlines Group Inc. Association on American Indian Affairs BB&T Corporation BC Partners BNP Paribas Bank of America Corporation Barclays Investment Bank Center for Biological Diversity Citigroup Inc. Conference of State Bank Supervisors Credit Agricole SA Deer Consumer
Page: EFTA00032625 →Indian Affairs BB&T Corporation BC Partners BNP Paribas Bank of America Corporation Barclays Investment Bank Center for Biological Diversity Citigroup Inc. Conference of State Bank Supervisors Credit Agricole SA Deer Consumer Products Inc. Defenders of Wildlife Deutsche Bank AG Expedia Inc. Foot
Page: EFTA00032625 →as in a $300 million proposed class action should have COMPANIES Alstom SA Altman Weil Inc. Amgen Inc. Archrock Inc. BTI Consulting Group Inc. Bank of America Corporation Barclays PLC Baring Private Equity Asia Ltd. Benco Dental Supply Co. Inc. BlackBerry Ltd. Bloomberg Bombardier Inc. CenterPoint Energy Inc. C
Page: EFTA00032978 →n Barclays PLC Baring Private Equity Asia Ltd. Benco Dental Supply Co. Inc. BlackBerry Ltd. Bloomberg Bombardier Inc. CenterPoint Energy Inc. Citigroup Inc. Competitive Enterprise Institute Devon Energy Corp. Enlink Midstream Partners LP Exterro Inc. Fairfield Residential Co. LLC Global Infrastructu
Page: EFTA00032978 →Price Objective Change
acquisitions. Bankof America Merrill Lynch 2016 Future of Financials Conference | 17 November 2016 65 HOUSE_OVERSIGHT_014379 --- PAGE BREAK --- Citigroup Inc. (C) We use a three-factor valuation framework (P/E, P/TBV, DCF} to arrive at our $60 PO, assigning a 0.9x multiple to 2017E TBV and 11x multiple on
Page: HOUSE_OVERSIGHT_014380 →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 →Qprofile, iQtoolkit, iQworks are service marks of Ban of America Corporation. This research report is prepared for the use of
UY BankUnited, Inc. BKU BKU US Ebrahim H. Poonawala BB&T Corporation BBT BBT US Erika Najarian Capital Bank Financial Corp. CBF CBF US Erika Najarian Citigroup Inc. C CUS Erika Najarian Citizens Financial Group CFG CFG US Erika Najarian East West Bancorp, Incorporated EWBC EWBC US Ebrahim H. Poonawala FCB Financi
Page: HOUSE_OVERSIGHT_014648 →Entities connected to both Bank of America Corporation and Citigroup Inc.

Jeffrey Epstein
PERSON
Donald Trump
PERSON
Bank of America
ORGANIZATION
Merrill Lynch
ORGANIZATION
Marc Rich
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Bloomberg L.P.
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Paul Ryan
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Michael Cohen
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Merrill Lynch Global Wealth Management
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United Kingdom
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Frankfurt
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Michael Bloomberg
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Bank of America, N.A.
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Seoul
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