Results for “Merrill”

…c.com/about/publications/character-risks.jsp BankofAmerica <2” 24 Global Equity Volatility Insights | O09 August 2016 Merrill Lynch HOUSE_OVERSIGHT_026001

… take the form of liquidity injection, possibly through repo operations for the |OUs. Although unconventional, this OS Merrill Lynch GEMs Paper #26 | 30 June 2016 29 HOUSE_OVERSIGHT_016139

… higher geopolitical risk and defense spending is probably less bearish USD/JPY than Japanese equities. Bankof America Merrill Lynch Japan Macro Watch | 14 November 2016 5 HOUSE_OVERSIGHT_014428

… indirectly, related to the specific recommendations or view expressed in this research report. Bankof America <> ; re Merrill Lynch Global Equity Volatility Insights |09 August 2016 23 HOUSE_OVERSIGHT_026000

…VERSIGHT 016418 Paul V. Morris Managing Director —The Morris Group Private Banking and Investment Group Bank of America Merrill Lynch One Bryant Park, 28th Floor This message, and any attachments, is for the intended recipient(s) only, may contain information that is privileged,...

…r rentals and other we estimate $32mn in revenue, up 75% y/y. 48 Internet/e-Commerce | 06 April 2017 Bankof America <2 Merrill Lynch HOUSE_OVERSIGHT_014934

…a puts Snapchat minutes per user well above Twitter, but still . Bankof America 34 Internet/e-Commerce | 06 April 2017 Merrill Lynch HOUSE_OVERSIGHT_014920

… we think deceleration could persist through 2Q17, after which the y/y growth comps ease considerably. Bankof America Merrill Lynch Internet/e-Commerce | 06 April2017 =—-11 HOUSE_OVERSIGHT_014897

… -13% 48 -56% 5% FIT 26% 4% -29% 3.1 NA -271% TRIP 16% 5% -12% 29 -21% 11% TWIR 11% 3% -11% 25 -55% -1% Source: BofA Merrill Lynch Global Research, Bloomberg, as of 4/4/2017 mavilige 2 Internet/e-Commerce | 06 April 2017 9 HOUSE_OVERSIGHT_014895

… registered securities dealer under the Financial Instruments and Exchange Act in Japan; is distributed in Hong Kong by Merrill Lynch (Hong Kong)

… securities dealer under the Financial Instruments and Exchange Act in Japan; is issued and distributed in Hong Kong by Merrill Lynch (Hong Kong) which is regulated

…base® are registered service marks of Bank of America Corporation. This research report is prepared for the use of BofA Merrill Lynch clients and may not be redistributed

estimates or price targets) without first obtaining expressed permission from an authorized officer of BofA Merrill Lynch.

… research analysts has any authority whatsoever to make any representation or warranty on behalf of the issuer(s). BofA Merrill Lynch

estimates or price targets) without first obtaining expressed permission from an authorized officer of BofA Merrill Lynch.