Spitzer's settlement didn't settle much
Global settlement. It conjures up grand images of finality on a worldwide scale. But the US regulators' $1.4 bn settlement with Wall Street investment banks is about as global as the World Series and as settled as the weather at a UK seaside resort – not 'very' on either count. Given that it is widely accepted in the financial community that a large chunk of analyst research is misleading or lacking in independence in some shape or form, the long-awaited settlement is vague and does
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Richard Carpenter
Covering investor communications, sustainability and employee engagement, Richard Carpenter has worked with the likes of Aviva, Facebook, Alibaba, HSBC and the London Stock Exchange. Before joining Bladonmore, he was CEO of MerchantCantos, part of...
Chief executive
