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Big banks risk losing US$240m in research business with regulatory overhaul
Published Mon, Jun 26, 2017 · 09:50 PM
Hong Kong
SOME global investment banks risk losing up to US$240 million in business by 2020 as a regulatory overhaul, which will change the way securities research is priced and used, makes independent firms more attractive for clients, a financial consultancy said.
Unlike the big banks, the smaller securities research firms …
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