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reverse. Fading high 106’s could be a short-term profit-taking view, or area to enter
document IMAGES-002-HOUSE_OVERSIGHT_014426.txt Nov 14, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

… 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

expectations. The divergence between inflation breakevens and real yields seem to
document IMAGES-003-HOUSE_OVERSIGHT_014723.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…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

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024648.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ng Marijuana-Related SAR Filings 350 300 250 200 150 100 Q2 2014 Q4 2014 Q2 2015 Q4 2015 Q2 2016 Q4 2016 Q2 2017 M8 Banks M8 Credit Unions Source: Financial Crimes Enforcement Network FinCEN has published guidance outlining how financial institutions can, consistent with th...

Claudio Irigoyen Mai Doan
document IMAGES-003-HOUSE_OVERSIGHT_014766.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…y, rhs) or B oa = o & 5 a = ca) Pel obal Research, Bloomberg Source: BofA Merrill Lynch Global Research, Bloomberg BankofAmerica <2” 36 Global Rates, FX & EM 2017 Year Ahead | 16 November 2016 Merrill Lynch HOUSE_OVERSIGHT_014766

Chart 13: The 2016 election move implied by the VIX term structure is
document IMAGES-008-HOUSE_OVERSIGHT_025985.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…int real risks are likely headwinds to a sizeable market shock. 8 Global Equity Volatility Insights | O09 August 2016 BankofAmerica <2” Merrill Lynch HOUSE_OVERSIGHT_025985

Fwd: EUROPEAN MULTI ASSET COVERAGE MEETING IMPRESSIONS: Eyes on Real Money outflows; Christmas comes
email TEXT-001-HOUSE_OVERSIGHT_023635.txt Nov 14, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…Outflows. In Emerging Markets, most outflows are retail, ETF driven. All eyes on next leg of institutions. In equities, banks big winners; FANGs losing. I asked partners 2 questions. 1) Would the "this will be great for business, feel good factor" wave out-run "if real yields go...

Re: EUROPEAN MULTI ASSET COVERAGE MEETING IMPRESSIONS: Eyes on Real Money outflows; Christmas comes
email TEXT-001-HOUSE_OVERSIGHT_023717.txt Nov 14, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…Outflows. In Emerging Markets, most outflows are retail, ETF driven. All eyes on next leg of institutions. In equities, banks big winners; FANGs losing. I asked partners 2 questions. 1) Would the "this will be great for business, feel good factor" wave out-run "if real yields go...

ONE FERRY BUILDING, SUITE 255 SAN FRANCISCO, CA 94111 [email protected]
document TEXT-001-HOUSE_OVERSIGHT_024271.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… at CiD Santander -­‐ published: “Fintech 2.0 Paper: Reboo<ng Financial Services” “Blockchain technologies could reduce banks' infrastructural costs by $15-­‐20bn a year by 2022” Standard Chartered "The banking industry is starDng to see the many potenDal benefits of its underlyi...

Article 1. Scientific American
document TEXT-001-HOUSE_OVERSIGHT_024592.txt Aug 23, 2011 House Oversight Committee — Epstein Estate Records (Nov 2025)

…was not given a chance to object. Mr. Cheney praised Barack Obama’s support, as a senator from Illinois, for passing a bank bailout bill at the height of the financial crisis, shortly before the 2008 election. But he criticizes Mr. Obama’s decision to withdraw the 33,000 additio...

Awards | Equity dervativ
document IMAGES-003-HOUSE_OVERSIGHT_014859.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Bank of America Merrill Lynch Awards | Equity dervativ house of the y . <!--[if !vml]--> This message, and any attachments, is for the intended recipient(s) only, may contain information that is privileged, confidential and/or proprietary and subject to important terms and co...

under the Blueprint (over eight years). The Tax Foundation similarly estimates that a
document IMAGES-007-HOUSE_OVERSIGHT_023075.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…s: “Repatriating Offshore Funds: 2004 Tax Windfall for Select Multinationals”, Majority Staff Report, October 11, 2011 Bankof America <> Merrill Lynch Equity Strategy Focus Point | 29 January 2017 7 HOUSE_OVERSIGHT_023075

Equity-Linked Analyst
document IMAGES-007-HOUSE_OVERSIGHT_023611.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…formation on certain BofA Merrill Lynch entities that take responsibility for this report in particular jurisdictions. Bankof America Merrill Lynch Global Equity Volatility Insights | O06 June 2017 = 37 HOUSE_OVERSIGHT_02361 1

Chart 53: Data as % of mobile service revenues Chart 54: Household Broadband penetration
document IMAGES-003-HOUSE_OVERSIGHT_016159.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Chart 53: Data as % of mobile service revenues Chart 54: Household Broadband penetration 50,000 ait 50,000 Kuwait 45,000 many 45,000 UAE o 40,000 40,000 w w S 35,000 S 35,000 ae : = # 30,000 8 30,000 a) =) ge 25,000 25,000 20,000 ; 8 Zz" fgentina Chile = mais = 15,000 ey mw Braz...