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Wall Street banks seek to monetise their analysts' reports

"You're not accessing a static PDF, you're going into a website and you are authenticating. That's the whole premise here, that you have a greater ability to control the access coming in when it's a living, breathing environment that we control." - Daire Browne, Bank of America's chief operating officer for global research. The bank is joining rivals Morgan Stanley and Citigroup Inc in limiting access to its analysts' reports

New York

WALL STREET banks may have finally hit on a way to pinpoint the value of analysts and squeeze more money from their research: Stop making it so easy to share.

Bank of America Corp has started embedding analysts' reports into web pages, so it can more easily restrict access...

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