What MiFID Means for Execution and Research

The video discusses the shift in banking from bundled to unbundled services, emphasizing the importance of execution over research. It highlights the pricing strategies banks are adopting and the market dynamics involved. The video also covers compliance challenges, particularly in the context of MiFID and Brexit, and the hiring of a Goldman executive by the SEC to address these issues.

What challenges do banks face in proving their execution capabilities?

Why is the hiring of a Goldman executive significant for the SEC?