HOUSE_OVERSIGHT_014359.jpg

The image displays a page from a Bank of America Merrill Lynch report, dated November 17, 2016. The page is titled "Specialty Finance" and features a white background with black text. **Header:** * A blue and black graphic at the top of the page * The Bank of America Merrill Lynch logo in the bottom-left corner * The text "HOUSE_OVERSIGHT_014359" in the bottom-right corner **Content:** * The main content is divided into two sections: + **American Express Company (AXP), B-2-7, Neutral** - Presents data from American Express Company, including: - A chart showing the key factors for increasing/initiating a position in American Express - A chart describing American Express' strategy to expand exposure to credit + **Source: BoFA Merrill Lynch Global Research** - Provides additional context and information about the data presented **Footer:** * The page number "45" in the bottom-right corner * The text "2016 Future of Financials Conference | 17 November 2016" in the bottom-center Overall, the page appears to be a report or presentation slide discussing the financial performance and strategy of American Express Company.