For the second straight year, Bank of America Merrill Lynch was named Institutional Investor’s “Top Global Research Firm of 2012.” This was achieved by BofA Merrill Lynch Global Research winning 236 total team positions—more than any other firm and 10 more than last year—in the 12 Institutional Investor research team surveys published this year. “This outstanding result is a testament to the high caliber, hard work and dedication of our teams around the world,” said Candace Browning, head of BofA Merrill Lynch Global Research. “The Institutional Investor surveys are important to us as they are a measure of the value of our global research to investors and help us attract and retain top analysts.” BofA Merrill Lynch Global Research The BofA Merrill Lynch Global Research franchise covers nearly 3,500 stocks and 1,100 credits globally and ranks in the top tier in many external surveys. Most recently, the group was named Top Global Research Firm of 2012 by Institutional Investor magazine; No. 1 in the 2012 Institutional Investor All-Asia survey for the second consecutive year; No. 2 in the 2012 Institutional Investor All-China, All-Europe, All-Japan and All-Latin America surveys; and No. 3 in the 2012 Institutional Investor All-America survey. The group was also named No. 2 in the 2012 Institutional Investor All-America Fixed Income survey and in the 2012 Emerging Markets Equity and Fixed Income survey, covering Emerging Europe, Middle East and Africa. Additionally, BofA Merrill Lynch Global Research was named the No. 1 Global Broker by Financial Times/StarMine, as well as ranked No. 1 in the U.S. and Europe and No. 2 in Asia. The group was also named No. 1 in Asia and No. 2 in the U.S. in the Wall Street Journal Best on the Street 2012 Analysts Surveys. The group was also the winner of the Emerging Markets magazine’s EM Research Global Award for 2010 and 2011.