Investment Bank Offers Research On International Cos.
VENDOR STRATEGIES
Alex. Brown has signed on to beta test New York-based Arnhold & S. Bleichroeder's so-called Global Correspondent Brokerage Service (GCBS). GCBS, which is yet to be released, will offer domestic broker/dealers access to the firm's research, settlement and custody services. The beta test is slated to begin in September.
At the same time, Graeme Smith, formerly of Merrill Lynch, has joined A&SB as senior vice president; Smith heads the new service, which provides international brokerage reports, as
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