Sell-Side Research Goes Under the Knife

THE INSIDE TRACK

Two weeks ago, Goldman Sachs fired six equities analysts. Before that, Deutsche Bank cut research staff. Last week, there were rumors that a New York-based investment bank was about to show as many as 20 analysts the door, though we couldn’t get confirmation. With all this tumult, we phoned some US buy-side analysts and money managers to get a fix on the state of sell-side research.

One analyst notes that buy-side research staffs also have been cut because of contracting business. Portfolio

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