Banks Begin Revealing Analyst Packages Ahead of MiFID II, Peaking at $137k

[kreslik.news]

Banks and asset managers will soon be obligated to publish their research spending costs. Ahead of the passage of MiFID II, Credit Agricole and Nomura have become the first banks to disclose their analyst packages, with some packages reaching as high as €120,000 ($137,000).

The London Summit 2017 is coming, get involved!

Disclosing all research spending and by extension analyst costs will be mandatory in January 2018 with the implementation of MiFID II. The upcoming regulatory framework is set to dramatically transform the financial services industry, and could impact thousands of jobs as well. While the new legislation will foster ... (read more)