Banks Publish Research Costs Ahead of MiFID II, Revealing Industry Disparity

[kreslik.news]

Over the past month, banks and asset managers have begin disclosing their research packages for clients. Under the upcoming MiFID II regulatory shift, these venues will be obligated to publish their research spending costs – UBS has become the latest lender to release its figure, charging as low as $40,000 a year for equity research.

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The number pales in comparison to other lenders, many of which have for the first time have gone public with these once private costs. Disclosing all research ... (read more)