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Bloomberg targets wider market with new equities research team

Bloombergwill announce today that it has hired more than 100 people for a global industry research service that provides much of what was once the preserve of Wall Street and City of London equity analysts.

The Bloomberg Industries service will combine interactive, real-time data on more than 100 industry sectors in North America, Europe and Asia with analysis from a team including 30 former senior analysts in buyside and sell-side firms.

The “significant” investment marks Bloomberg’s latest move to expand its customer base beyond its stronghold in trading rooms, said David Dwyer, a former JPMorgan and Citigroup analyst who has built Bloomberg Industries over three years.

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