Brushing aside losses caused by recent turmoil in global markets, Merrill Lynch & Co. chairman and chief executive David H. Komansky on Wednesday said the giant securities firm would continue to invest aggressively in Europe, Japan, and Asia.

"Nothing that has occurred in the past several weeks has shaken our confidence in the fundamental strength and resilience of this world view," Mr. Komansky said in a speech to the National Press Club. "Have no doubts: Merrill Lynch is still very bullish on America, and we are just as bullish on the world."

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