Bloomberg, 3 June 2020
An article recently published by Bloomberg about unbundling includes a fragment of the interview with Friedrich Mostboeck, deputy chairman at the European Federation of Financial Analysts Societies and head of group research at Austria’s Erste Group Bank AG.
In the interview Mr Mostboeck stated, “From my point of view, MiFID II is just complicated and costly -- it increased no transparency, especially when it comes to research. You can’t establish an innovative and growing market if there isn’t information on these smaller stocks.” Read the complete article By Silla Brush and Ksenia Galouchko in Bloomberg