After Comparing U.S. Regulatory Actions To Police Choking Incident, London Analyst Retreats

Investec, the London-based research firm that has a history of supporting the large banks in the region, has taken its advocacy to a new level. And as a result the firm is officially apologizing for a backlash that compared regulators to an infamous New York City police choking incident.

Ian Gordon lambast U.S. regulators for intrusive actions

Titling a research piece on bank regulatory burden “I can’t breathe,” mocking the politically charged death of Eric Garner, Investec’s Ian Gordon proceeded to lambast U.S. regulators for “intrusive” actions and using the U.S. dollar’s status as reserve currency of choice to exert “disproportionate control” over actions against Standard Charter, a bank that “has no material business in the U.S.”  Yesterday U.S. prosecutors...