WELCOME TO THE STOCK HACKER

 

Brought Over The Wall

 

The situation of an employee in the research department of an investment bank - usually a research analyst - who has been brought over to work for the underwriting department with a focus on a particular company. The purpose of this transfer is to add a knowledgeable opinion to the underwriting process, thereby adding value to it. Also known as "brought over the Chinese Wall".

 

'The Chinese Wall' refers to the division placed between the analysts of an investment bank and the bank's underwriting department. The division is meant to prevent the trading of inside information between the two departments. So once the underwriting process is complete, the research employee who has been brought over the Wall is not allowed to comment on any information learned in the underwriting process until it has become public knowledge.

 

Wines, Red Wine, White Wine

 

 New Products 120x60