SCANDI INVESTMENT BANKS CHANGE EQUITY RESEARCH MODEL – Scandinavian investment banks are reportedly changing their equity research module in the hopes of recouping revenues lost by the impact of MiFID II. DNB Markets and other Scandi banks will now be writing equity research which will be paid by listed companies. @Alexander Opstad, Head of Equities at DNB, believes equity research will shrink by as much as 50% over the next three years and thinks “sponsored” research will compensate for the loss. Opstad goes on to say, “The sponsored research market will increase, three or four of our Nordic competitors are rolling out the same product.” Will the rest of Europe adopt this new model, or will the conflict of interest be too much of an issue for banks moving forward? #SpartanInternational