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Olin Business School Study Finds Insider Information Helps Analysts at Big Banks
2 pages
Published by
donald hood
Olin Business School Study Finds Insider Information Helps Analysts at Big
Banks
(1888PressRelease) Chinese walls intended to keep client information confidential questioned in
Olin Business School study
St.
Louis, MO-IL...
[More]
Olin Business School Study Finds Insider Information Helps Analysts at Big
Banks
(1888PressRelease) Chinese walls intended to keep client information confidential questioned in
Olin Business School study
St.
Louis, MO-IL (1888PressRelease) A new study from the Olin Business School at
Washington University in St.
Louis finds it s difficult to maintain "Chinese walls" - selfregulated firewalls - intended to keep client information from leaking between loan and
investment departments when they are housed in the same financial institution.
The repeal of the depression era Glass-Steagall Act 11 years ago allowed financial institutions to
engage in commercial and investment activities under the same roof.
The study "Do Bank-affiliated Analysts Benefit from Lending Relationships?" by Xiumin
Martin, PhD, assistant professor of accounting at Olin, and Ting Chen of CUNY Baruch College,
is forthcoming in the Journal of Accounting Research.
When the walls that had previously separated lenders
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accounting,
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business,
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financial,
finds,
forecasts,
information,
institution,
loan,
martin,
research,
school,
study
