Bank of America Corp.'s Merrill Lynch is reviewing its buy recommendation on Turkiye Halk Bankasi AS after chief executive officer Suleyman Aslan was taken into custody as part of a corruption probe two days ago. "We intend to re-assess our view on the stock once we obtain enough certainty on the current investigation by the eligible authorities," according to an e-mailed statement from Merrill Lynch today. "We are no longer in a position to form a recommendation on the shares of the bank."