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UBS and BAML top the polls for research and broking at ‘City Oscars’

The EU's Mifid II trading rulebook has greatly increased competition for broking business in the Square Mile

UBS and Bank of America Merrill Lynch have topped a closely watched ranking of investment research providers and stockbrokers in Europe, 18 months after new European trading rules greatly increased competition for broking business.

UBS came first for best overall research in data provider Extel’s 2019 rankings, sometimes referred to as the City Oscars, ahead of BAML and Exane BNP Paribas.

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