Morningstar Inc (MORN.O)
19 Jul 2019
HONG KONG/PARIS BNP Paribas will source the bulk of its Asia Pacific equity research from independent research provider Morningstar Inc , a move which two people said will lead to about a dozen jobs being cut at the French bank.
* BNP to source research on about 150 stocks from Morningstar
HONG KONG, July 4 BNP Paribas SA will source the bulk of its Asia Pacific equity research from independent research provider Morningstar Inc, the French bank said on Thursday, as investment banks seek to cut costs after regulatory changes.