Results for “Bank of America Merrill Lynch International Limited”

… SXEP Oil & Gas 42% the 19 SXXP sector indices and the other SXXP sector indices. **Average of the 19 intra-sector SX7P Banks 41% 2 correlations (in Euro) where the 19 sector indices are the indices which make up the SXXP index. SX3P Food & bev 31% 25% Note that the average intra...

…tant disclosures on page 37 to 38. Analyst Certification on page 36. 11690765 Timestamp: 01 December 2016 12:00AM EST Bankof America Merrill Lynch 01 December 2016 Equity Strategy Europe Ronan Carr, CFA >> European Equity Strategist MLI (UK) +44 20 7996 3292 ronan.carr@baml...

…hange -0.94% -0.94% -3./0% 2.37% 1Mth Change -1.10% -10.28% -11.99% -6.15% Source: BofA Merrill Lynch Global Research Bankof America 26 Global Equity Volatility Insights | 20 June 2017 Merrill Lynch HOUSE_OVERSIGHT_014997

…d on 16-May. For comparison, in ’64 SPX had 8 stretches without such a move with the longest stretch spanning 43 days. Bankof America Merrill Lynch Global Equity Volatility Insights | 20 June 2017 7 HOUSE_OVERSIGHT_014978

…ed at 54 so we would look for upside to our base case EPS forecast should PMIs improve to the mid-50s level or beyond. Bankof America <> : Merrill Lynch European Equity Strategy |01 December 2016 =—-11 HOUSE_OVERSIGHT_014470

… game. Strong panel attendance suggested high interest in these themes, and polling feedback suggests shareholders want banks to make investment spend in innovation a priority -- so long as its self funded with savings found elsewhere. 68% of those polled across multiple company...

…10 minus 90 skew 27.1% 26.9% 0.2% 88.6% 9.3% 18.6% 21.5% 23.8% 30.3% Source: BofA Merrill Lynch Global Research deg oes Bankof America 8 Global Equity Volatility Insights | 20 June 2017 Merrill Lynch HOUSE_OVERSIGHT_014979

…lyst Certification on page 17. Price Objective Basis/Risk on page 15. 11698831 Timestamp: 03 January 2017 12:05AM EST Bankof America Merrill Lynch Equity | 03 January 2017 Corrected United States Alpha Generation Research MLPF&S Anthony Cassamassino Strategist MLPF&S +1 2...

… 4.5%, which is already subdued even for the current low- vol regime (17th %-ile since the US election last November). Bankof America Merrill Lynch Global Equity Volatility Insights | 06 June 2017 9 HOUSE_OVERSIGHT_023583

… On the other hand, ASX200 correlation is relatively depressed as HSI HSCEI NKY KOSPI2 ASSI the correlation between the banks and materials sectors has ™3M Stock Vol = 3M Index Vol mi Index Correlation broken down in recent months. Source: BofA Merrill Lynch Global Research US5...

…}, and 15x 2018 EV/EBITDA for HomeAway, plus net cash and long term investments. 20 Internet/e-Commerce | 06 April 2017 Bankof America 2 Merrill Lynch HOUSE_OVERSIGHT_014906

…ave scale model Source: BofA Merrill Lynch Global Research 54 2016 Future of Financials Conference | 17 November 2016 Bankof America 2 Merrill Lynch HOUSE_OVERSIGHT_014368

… Oct-96 Oct-01 Oct-06 Oct-11 Oct-16 ——USDJPY ——50m mva ——200m mva Source: BofA Merrill Lynch Global Research, Bloomberg Bankof America Merrill Lynch Japan Macro Watch | 14 November 2016 3 HOUSE_OVERSIGHT_014426

… implied FF target © FOMC median Source: BofA Merrill Lynch Global Research Source: BofA Merrill Lynch Global Research Bankof America 2 Merrill Lynch Global Rates, FX & EM 2017 Year Ahead | 16 November 2016 7 HOUSE_OVERSIGHT_014737

…e to give the benefit of doubt to the new administration appears to be wearing thin. We would advise patience as there Bankof America <> Merrill Lynch Cause and Effect | 13 February 2017 3 HOUSE_OVERSIGHT_014723