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Debt-rating firm bills clients for research

France's Natixis SA pioneers novel but controversial move
Wednesday, September 28, 2016 - 05:50

London

THE bullish stock recommendation came with a warning: the company paid us to write this.

With brokers increasingly unable to subsidise research with indirect payments, France's Natixis SA is pioneering a novel approach: charge clients for coverage, a model that has proved to

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