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ch (DIFC) are done so in accordance with the requirements of the DFSA conduct of business rules. Bank of America Merrill Lynch International Limited, Frankfurt Branch (BAMLI Frankfurt) distributes this report in Germany and is regulated by BaFin. This research report has been prepared and issued by MLPF&S an
Page: HOUSE_OVERSIGHT_014650 →ada): Merrill Lynch Canada Inc, regulated by the Investment Industry Regulatory Organization of Canada; Merrill Lynch (Mexico): Merrill Lynch Mexico, SA de CV, Casa de Bolsa, regulated by the Comisi6n Nacional Bancaria y de Valores; Merrill Lynch (Argentina): Merrill Lynch Argentina SA, regulated by Comi
Page: HOUSE_OVERSIGHT_014650 →nts as defin ort is an Authorised Deposit- Taking Institution un bution of this report in Brazil and i reports prepared and issued by Merrill Lynch , Frankfurt Branch (BAMLI Frankfurt PF&S and/or one or more of its no distributed to MLPF&S clients int PF&S and not such foreign affiliates. Hong Kong recipient
Page: HOUSE_OVERSIGHT_014729 →h (Asia Lynch (Singapore) Pte Ltd, regulated by the Monetary Authority of atory Organization of Canada; Merrill Lynch (Mexico): Merrill Lynch Mexico, SA de Lynch Argentina SA, regulated by Comisién Nacional de Valores; Merrill Lynch }: Merrill Lynch International Incorporated (Seoul Branch) regulated by t
Page: HOUSE_OVERSIGHT_014729 →ny Registration 064 874 531), AFS License 412901 ‘Wholesale’ clients as d Authorised Deposit-Tal report in Brazil and its pre Frankfurt Branch (BAMLI Frankfurt) This research report has been prepa responsibility for research reports o security discussed in the report sho! local distribu erril Va bia Compa
Page: HOUSE_OVERSIGHT_014999 →Lynch 5 defined int of Ireland and subje KSA Comp he rules of FCA and the PRA, and is distributed in the UK to rill Lynch hority of h Mexico, SA de errill Lynch he | Lynch Limited, ll Lynch (Israel}: ion; Merril errill Lynch by any, ated he ct to buted in Japan Kong) which is ong BL! NA,
Page: HOUSE_OVERSIGHT_014999 →Entities connected to both Frankfurt and SA de

United States
LOCATION
United Kingdom
LOCATION
Donald Trump
PERSONthe Prudential Regulation Authority
ORGANIZATIONBaFin
ORGANIZATION
Marc Rich
PERSON
Michael Bloomberg
PERSON
Seoul
LOCATION
Merrill Lynch
ORGANIZATION
Paul Ryan
PERSON
Barack Obama
PERSON
Merrill Lynch Global Wealth Management
ORGANIZATION
Bank of America
ORGANIZATION
Bank of America Corporation
ORGANIZATION
BofA Merrill Lynch
ORGANIZATIONMerchant Bank
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATIONThe Financial Service Board
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATIONMerrill Lynch International Bank Limited
ORGANIZATION