Wall Street Prep

How Strong is The Chinese Wall Separating Investment Banking and Equity Research?

toysrus

FINRA fined 10 large investment banks $43.5m for "failing to shield analysts from pressure to promote stocks," specifically claiming that  the "investment banks promised favorable research to Toys “R” Us Inc. and its private-equity owners in 2010 to win roles in its initial public offering."

Read full article here: http://www.bloomberg.com/news/2014-12-11/finra-fines-10-wall-street-firms-over-analysts-ipo-pitches.html

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