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
Dan DeFrancesco makes his return to the podcast to talk about bitcoin futures and why he wanted to start this podcast in the first place.Subscribe to Weekly Wrap emails