Legal and Regulatory

Pillar 3 Disclosures


Distribution of research investment recommendations in respect of Research in the last Quarter (other than Investment Companies) 

 

01/10/2017 - 31/12/2017

  All Securities Firms provided with material banking services
Buy 42.0% 60.3%
Add 25.0% 28.8%
Hold 26.3% 10.9%
Reduce 3.6% 0.0%
Sell 3.1% 0.0%
     
Total 100%  100%