California Treasurer's Letter Puts Firms on Notice About Conflicts
- Obstacles to do pure research. Clowes, Michael J. // Pensions & Investments;4/29/2002, Vol. 30 Issue 9, p10
Editorial. Comments on the irrational exuberance cited by U.S. Federal Reserve Board Chairman Alan Greenspan. Nature of data traffic; Complexities of investment banking; Recognition of the conflict of interests.
- U.K. Watchdog Next to Tighten Rules. Lugo, Denise // Investment Dealers' Digest;3/22/2004, Vol. 70 Issue 12, p4
Reports that Great Britain's regulator, the Financial Services Authority, is gearing up to introduce rules to prevent conflicts of interest in the investment banking world. Key stipulations of the regulations; Recommended solutions to biased analyst recommendations and bad management of...
- Adopt Conflict-of-Interest Rules, Official Tells Houston. Albanese, Elizabeth // Bond Buyer;7/12/2002, Vol. 341 Issue 31426, p4
Focuses on the rules imposed by the local government on investment banks in Houston, Texas. Need for firms to adopt the conflict-of-interest principles; Creation of stringent investment policies on a municipal level; Incorporation of adherence to the conflict-of-interest principles.
- More Traders make Indy Research Pitch. Byrne, John A. // Traders Magazine;Dec2002, Vol. 15 Issue 205, p22
Focuses on the research department of Blaylock & Partners Ltd., a minority-owned investment bank in the United States. Praise for refusing to rate the stocks of companies with which it has investment banking relationships; Pressures facing research departments of larger investment banks;...
- 3-State Merrill Pact Extension. Bergquist, Erick // American Banker;7/2/2002, Vol. 167 Issue 126, p20
Reports that the U.S. states of New York, North Carolina and California will require investment banking firms that manage funds on their behalf to adopt measures that would eliminate conflicts of interest. Extension of a settlement with Merrill Lynch and Co. to cover other firms that manage...
- SEC: Analyst Conflicts Eroding Trust. Garver, Rob // American Banker;8/1/2001, Vol. 166 Issue 147, p20
Reports on the criticisms made by acting United States Securities and Exchange Commission Chairperson Laura S. Unger concerning investment banks' involvement in potential conflicts of interest. Raising of doubts on objectivity of investment analysts; Analysts' holding of significant interests...
- No Problem, No Reform Wall Street defends analysts' compensation practices. Tunick, Britt // Investment Dealers' Digest;8/6/2001, Vol. 67 Issue 31, pN.PAG
Reports that some Wall Street firms have changed some rules to address analysts' conflicts of interests with their firm investment banking business by forbidding them to own stocks of the companies covered by them. Uncertainty related to the change in the company policies related to...
- Investment Banks Take Stage at Hearings. Heller, Michele // American Banker;3/20/2002, Vol. 167 Issue 54, p3
Reports the U.S. Senate Banking Committee inquiry to potential conflict of interest between investment banks and analysts on accounting and investor-protection issues. Projections from the committee chairman Paul Sarbanes; Proposals for the establishment of a complaint center for analysts;...
- Bank-owned managers a little skimpy on alpha. OLSEN, KEVIN // Pensions & Investments;3/4/2013, Vol. 41 Issue 5, p8
The article reports on research by finance professors Janis Berzins, Crocker H. Liu, and Charles Trzcinka indicating that investment bank-owned asset management firms perform less well than other asset management firms and citing conflicts of interest as a factor.