Bank of America Merrill Lynch research disclosure lists extensive investment‑banking client relationships (2016)

Summary

Bank of America Merrill Lynch research disclosure lists extensive investment‑banking client relationships (2016) The document is a routine regulatory disclosure of coverage statistics and client lists for BofA Merrill Lynch. It contains no specific allegations, transactions, or actionable leads linking powerful individuals to misconduct. It merely enumerates banks and firms that were investment‑banking clients, which is publicly known and offers no novel investigative value. Key insights: Provides percentages of Buy/Hold/Sell ratings for Financial Services and Global groups as of Sep 2016.; Lists hundreds of banks and financial firms that were investment‑banking clients or market makers for the issuer within the prior 12 months.; Describes methodology for rating dispersion and income rating scales.