“The costs of research packages offered by some of the big banks are totally out of whack with pricing elsewhere in the market,” said Joshua Maxey, managing director of Third Bridge, an independent research company, who welcomed the FCA probe.
Financial Times: FCA to launch asset management Mifid probe
Third Bridge co-founder Joshua Maxey expresses concern about pricing of research packages offered by the big investment banks, in a story about the FCA's intent to review the consequences of Mifid II.
