Merrill Lynch & Co., a 30-percent owner of Bloomberg, has made the EJV Partners L.P.'s data widely available to its fixed-income traders and salespeople. The purchase of the EJV's descriptive and pricing database by Merrill is a big deal indeed for the once-struggling vendor: The EJV was conceived as an alternative to Bloomberg and as such would seem an unlikely candidate for Merrill's business.
Details as to how -- and precisely to what extent -- the firm is using the EJV's data remain sketc
Should regulators take a more active role when it comes to AI oversight, or leave it to the professionals? What will M&A look like in 2018?Subscribe to Weekly Wrap emails