Cautionary tale of research reports


THE US$100,000 fine slapped on a former Deutsche Bank analyst for issuing a positive research report on a company when he actually had negative views on it is a stark reminder of why financial opinions should be taken with a pinch of salt.

It is also a firm reminder to retail investors, in particular, that financial opinions conveyed in research reports sometimes do not reflect the true belief of the analysts.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , research report

Next In Business News

Dollar reels on criminal probe into Powell, gold hits record high
Building costs rise in Dec 2025 on higher cement, sand - DoSM
Oil edge up as Iran supply risk counters Venezuela export resumption
Singapore will measure GIC, Temasek performance against mandates, not other funds, minister says
Lianson Fleet unit completes disposal of vessel for RM40.65mil
Plantations, banks lead KLCI rally
Matrix Concepts completes fourth round of food aid programme
Stocks wobble, dollar tips as Trump-Fed feud deepens
AIBIM appoints Rafe Haneef as president
Foreign investors turn net buyers with RM42.5mil equities inflow last week

Others Also Read