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0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 201 Source: BofA Merrill Lynch Global Research, Bloomberg, Datastream, IBES Stoxx Retail PE a= Stoxx Retail ex-Inditex PE em Stoxx Retail ex-Indi/H&M PE 2004 2005 2006 2007 2008 2009 2011 2012 2013 2014 2015 2016 oO Qo N Source: BofA Merrill Lynch Global
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Donald Trump
PersonPresident of the United States (2017–2021, 2025–present)

United States
LocationCountry located primarily in North America
Pierce, Fenner & Smith Incorporated
Organization
Merrill Lynch Global Wealth Management
OrganizationInvestment management and financial planning service

Merrill Lynch
OrganizationAmerican investing and wealth management division of Bank of America
The Financial Service Board
OrganizationMerrill Lynch International
OrganizationMerrill Lynch Equities (Australia) Limited
Organizationthe Australian Securities and Investments Commission
Organizationthe Hong Kong Securities and Futures Commission
OrganizationMerrill Lynch Canada Inc
Organizationthe Investment Industry Regulatory Organization of Canada
OrganizationMerrill Lynch Mexico
Organizationthe Comisidn Nacional Bancaria y de Valores
OrganizationMerrill Lynch Argentina SA
Organization
Comisién Nacional de Valores
OrganizationUruguayan football club based in Montevideo, Uruguay

the Financial Services Agency
OrganizationMerrill Lynch International Incorporated
OrganizationMerrill Lynch Securities (Taiwan) Ltd.
Organizationthe Securities and Futures Bureau
Organization