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co Multiplo S.A., regulated by Comissdo de Valores Mobiliarios; Merrill Lynch KSA Company, errill Lynch Kingdom 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 counterpa
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del Mercado De Valores; Merrill Lynch (Brazil): Bank of America Merrill Lynch Banco Multip errill Lynch Kingdom 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 pro FCA and the PRA) by MLI (UK) and Bank o
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co Multiplo S.A., regulated by Comissdo de Valores Mobiliarios; Merrill Lynch KSA Company, errill Lynch Kingdom 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 counterpa
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co Multiplo S.A., regulated by Comissao de Valores Mobiliarios; Merrill Lynch KSA Company, ertill Lynch Kingdom 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 counterpa
Page: HOUSE_OVERSIGHT_014457 →co Multiplo S.A., regulated by Comissdo de Valores Mobiliarios; Merrill Lynch KSA Company, errill Lynch Kingdom 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 counterpa
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Page: HOUSE_OVERSIGHT_014650 →tent of our regulation by th India}; and is issued and distributed in Singapore to insti errill Lynch Kingdom of Saudi Arabia Company, regulated by the Capital Market Authority. f Affiliate Research Reports: LPF&S distributes, or may in the future distribute, research reports of the following non-US affiliates in the US (s
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co Multiplo S.A., regulated by Comissao de Valores Mobiliarios; Merrill Lynch KSA Company, errill Lynch Kingdom 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 counterpa
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of at least €100,000. SAUDI ARABIA Neither this Memorandum nor the interests in the Fund have been approved, disapproved or passed on in any way by the Capital Market Authority or any other governmental authority in the Kingdom of Saudi Arabia, nor has the Fund received authorization or licensing from the Capital Market Auth
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PAGE BREAK --- OF SECURITIES REGULATIONS (THE "REGULATIONS’). IT SHOULD NOT BE DISTRIBUTED TO ANY OTHER PERSON, OR RELIED UPON BY ANY OTHER PERSON. THE CAPITAL MARKET AUTHORITY DOES NOT TAKE ANY RESPONSIBILITY FOR THE CONTENTS OF THIS MEMORANDUM, DOES NOT MAKE ANY REPRESENTATION AS TO ITS ACCURACY OR COMPLETENESS, AND EXPRES
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is wholly owned by FirstRand Limited. The information in Morgan Stanley Research is being disseminated by Morgan Stanley Saudi Arabia, regulated by the Capital Market Authority in the Kingdom of Saudi Arabia , and is directed at Sophisticated investors only. The information in Morgan Stanley Research is being communicated b
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United Kingdom
LocationCountry in north-west Europe

Seoul
LocationCapital and largest city of South Korea

Donald Trump
PersonPresident of the United States (2017–2021, 2025–present)
the Dubai Financial Services Authority
Organization
the Financial Services Agency
OrganizationThe Financial Service Board
OrganizationMerrill Lynch International Bank Limited
Organization
Merrill Lynch
OrganizationAmerican investing and wealth management division of Bank of America
Merrill Lynch Canada Inc
Organizationthe Investment Industry Regulatory Organization of Canada
OrganizationMerrill Lynch International
Organizationthe Securities and Exchange Board of India
Organization
Merrill Lynch Global Wealth Management
OrganizationInvestment management and financial planning service

Frankfurt
LocationCity in Hesse, Germany
BaFin
Organization
Bank of America
OrganizationAmerican multinational banking and financial services corporation
the Australian Securities and Investments Commission
OrganizationMerchant Bank
OrganizationDeals in commercial loans and investment
Merrill Lynch KSA Company
OrganizationBank of America Merrill Lynch International Limited
Organization