Three banks take stakes in data provider Markit

Royal Bank of Scotland, HSBC and BNP Paribas are to announce they have taken stakes in information provider Markit Group.

Their decision bolsters the company's relationship with investment banks as it prepares further involvement with equity markets through Project Boat, a proposed trade-reporting system.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink