And They’re Off!

ON BALANCE

Remember last week’s column? Although we’re sure you all read it, for the forgetful it was partly about firms’ continuing efforts to cut costs. In fact, one New York-based consultant told us that despite several years of talk about cost-cutting, many firms are still in the starting gate.

Our rounds in London last week certainly bore out the fact that for most firms, cost-cutting is still a key issue, if not the key issue. We spoke to numerous market data managers on the sell side, and they al

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