NEW YORK AP – Goldman Sachs Group Inc. provides some of its biggest clients stock tips that come out of regular meetings held by analysts and traders at the investment bank, according to a Wall Street Journal report.
Some of the analysts’ views, which can provide insight on potential short-term market movements, can differ from research notes Goldman widely distributes to its clients, the Journal reported. Critics claim providing the early information to only certain clients hurts customers who aren’t given the opportunity to trade on the ideas that come out of the meetings.
