The new department would align the bank’s global expertise across three areas, namely, equity research, fixed income & economic research and HOLT.
The new department, which will be jointly headed by Stefano Natella and Eric Miller, will strategically align the bank’s research capabilities to encourage collaboration and the creation of cross-asset product offerings.
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According to the bank, the new structure will provide clients with seamless access to its global thought leadership across the full spectrum of asset classes.
Timothy O’Hara, co-head of global securities, said "The banking industry is in a content-driven cycle and the winners will be firms that offer a superior and differentiated product.
"In the current capital constrained environment, it is more important than ever to provide our clients with original and unique content," he further added.
"We will preserve the strength of our Equity and Fixed Income research franchises, while expanding our products and services to meet clients’ evolving demands. This will include bringing together all of our market-leading analytical tools, including HOLT, which will maintain its independence and objectivity," Miller remarked.
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By GlobalDataNatella added "We are confident that this new structure will allow us to provide the best possible investment intelligence for our clients, leveraging our proprietary content and insights across industries and capital structures."
