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dom of Saudi Arabia Company, regulated by the Capital Market Authority. This research report: has been approved for publication and is distributed in the United Kingdom (UK) to professional clients and eligible counterparties (as each is defined in the rules of the FCA and the PRA) by MLI (UK) and Bank of America Mer
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
dom of Saudi Arabia Company, regulated by the Capital Market Authority. This research report: has been approved for publication and is distributed in the United Kingdom (UK) to professional clients and eligible counterparties (as each is defined in the rules of the FCA and the PRA) by MLI (UK) and Bank of America Mer
Page: HOUSE_OVERSIGHT_014457 →are dif return expectation and attractiveness for investmen ock's fundamental equi eign currency rates of ex
a Clara, California, SVB Financial Group (Nasdaq: SIVB) operates through offices in the U.S. and international operations in China, India, Israel and the United Kingdom. Texas Instruments (TXN) Vivek Arya +1 646 855 1755 Research Analyst, MLPF&S Buy, PO $82 1Q investment thesis In the aftermath of the US electio
Page: HOUSE_OVERSIGHT_014634 →are dif return expectation and attractiveness for investmen ock's fundamental equity rating. e for all invest
ncy rates of exchange may adversely affect including ADRs, effectively assume currency risk. UK Readers: The protections provided located outside of the United Kingdom. BofA errill Lyne h Global Researc| MLPF&S or one of its affiliates is a regular issuer of traded financial instru time, hold a BofA Merrill w r
Page: HOUSE_OVERSIGHT_015000 →Entities connected to both United Kingdom and Investmen

United States
LOCATION
Donald Trump
PERSON
Marc Rich
PERSON
Frankfurt
LOCATIONthe Prudential Regulation Authority
ORGANIZATIONBaFin
ORGANIZATIONthe Australian Securities and Investments Commission
ORGANIZATION
Seoul
LOCATION
Michael Bloomberg
PERSON
Bank of America
ORGANIZATIONthe Capital Market Authority
ORGANIZATIONthe Dubai Financial Services Authority
ORGANIZATION
Merrill Lynch
ORGANIZATIONMerchant Bank
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATION
Bank of America Corporation
ORGANIZATION
the Financial Services Agency
ORGANIZATIONThe Financial Service Board
ORGANIZATION
BofA Merrill Lynch
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATION