The analyst communities on either side of the Atlantic remain very different animals
More than ten years ago, when the UK's Big Bang erupted, the heavyweight US investment houses tried to muscle their way onto the UK corporate scene, offering a dazzling array of products. Their efforts received mixed reviews but they remained determined to make inroads into the market. They toned down their style, adapted to new settings, poured in even more resources and slowly started to win spots on those coveted league tables.
This is especially true when looking at investment research.
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