Bloomberg News reports that the bank will give most research to institutional credit investors for free, according to three people with knowledge of the plans.
Analysis will be made broadly available to comply with the European Union’s MiFID II regulations, which ban some free perks for clients, the people said, asking not to be identified because the information is private. Investors will be charged for equity research or private conversations with analysts, they said.
The revision of the Markets in Financial Instruments Directive, effective from January 3rd,forces banks to charge for research that for decades has been bundled with other services such as trading.
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