(B) To verify the factual accuracy investment bankers review an equity research report prior to publication.
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What are investment bankers?</h3>
- A financial institution's investment banker is largely responsible for obtaining cash for firms, governments, or other entities.
- The investment banking industry is attractive because it pays handsomely.
- Investment bankers must have great verbal and writing communication skills, as well as the ability to work long and demanding hours.
- Prior to publication, investment bankers analyze an equities research report to ensure its accuracy.
- Large, complex financial transactions are facilitated by investment bankers.
- These transactions may include arranging for a client's acquisition, merger, or sale.
- Another duty of investment bankers is to issue securities in order to raise capital.
As the description itself says, prior to publication, investment bankers analyze an equities research report to ensure its accuracy.
Therefore, (B) to verify the factual accuracy investment bankers review an equity research report prior to publication.
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Complete question:
Under what circumstances may investment banking personnel review an equity research report prior to publication?
A) To prevent a recommendation that may alienate a client company
B) To verify its factual accuracy
C) Under no circumstances
D) To ensure a favorable recommendation
