Question

55. Describe the conflict of interest when equity research analysts get too involved in the efforts of an investment bank to win business from its clients.

60. What is happening to the US treasury during the quarter? Why?

41. What is Glass Steagall? IKs its main component still in place?

42. What significant regulatory measure is Wells Fargo Subject to?

Answer 1

55. When an equity analyst gets too involved in order to win business from it's client, it is bound to issue prejudiced and biased reports which are highly favourable to management.

56. Us Treasury yields have significantly gone down as people are fearing an impending recession and people are discounting that fed will cut it's rates and even negative interest rates could be a probability.

57. Glass steagall was a banking act which separated investment banking from Retail Banking.It was introduced to curb bad financial practices and it regulated Banks severely. It was annuled by president in 1999.

4.Wells Fargo is subjected to Basel III Pillar III Model.