Nordea Turns to S&P for Research

DATA CONSUMERS

Nordea Securities, the investment-banking arm of Nordea, last week signed to take research and fundamental data from Standard & Poor’s (S&P), covering 120 US and European companies. Nordea chose S&P over a number of investment banks.

S&P will provide company research with buy, sell and hold recommendations and price targets; fundamental data from S&P Compustat; and industry and sector commentary, says James Satloff, executive managing director at S&P.

This is the first time that Nordea will have

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