TITLE

Street Gets Bad Report Card

AUTHOR(S)
O'Leary, Christopher
PUB. DATE
April 2003
SOURCE
Investment Dealers' Digest;4/28/2003, Vol. 69 Issue 17, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Most of the major Wall Street banks are still earning mediocre-to-poor grades for ethics management and transparency, according to a European-based research firm that based its survey on the information banks choose to make public. Worse, the research firm expects little improvement for the rest of 2003, assigning C grades to CSFB, Goldman, Merrill and Morgan Stanley for that period, and M &.E downgrades J.P. Morgan to a C+. Almost all the banks it rates move up to B status in the next three years, with the exception of Merrill.
ACCESSION #
9845523

 

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