Kit Juckes:

The tightening up of standards and rules surrounding research published by investment banks, has left a gap which social media are filling enthusiastically. A traditional research note on the impact of events in Cyprus this weekend can’t clear compliance much before 9 a.m on Monday morning, too late for markets in search of instant gratification…

Whether you are a trader, a salesperson, a fund manager, a Master of the Universe or indeed an interested by-stander, what you want is information, opinion and debate and Twitter gives it to you. For the traditional common-or-garden sell-side analyst, this demands a change of approach.

One would imagine that “spring cleaning” on Wall Street would go over considerably better than it did at Google.