How Mifid II unbundling has shaken research market

Just three months since implementation, Mifid II has already prompted both buy and sellside firms to change their approach to investment research. Many banks have already scaled back their offerings, while independent providers have experienced significant growth. Consolidation is inevitable, but in the meantime a price war among sellside firms may prompt regulatory intervention

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Following more than 40 hours of interviews with 63 sources across financial services, Practice Insight’s landmark investigation into the accumulative impact of the financial crisis is now available