Barclays should quit equity research. So should Citigroup. And Deutsche Bank. That at least is the private view of some people working for those banks who say it is time to face reality and cut their losses. Admittedly this view does not seem to be shared by the people who actually run the banks. Or, unsurprisingly, by the people who run their research departments. But there is a growing feeling elsewhere that the banks should bite the bullet. ...
The unbundling of fees prompted by MiFID II funding has sparked debate over whether investment firms should pursue equity research . Industry insiders are asking if private equity capital markets are truly dependent on in - house analysts following exposure to fixed - income products . It 's also been suggested that the more exclusive the research , the less necessary second - tier advice becomes .