Autonomous Research is the leading, independent global financial sector research firm. We carry out fundamental analysis and thematic work on the sector covering around 250 companies globally with total cumulative market cap of USD 8 trillion. Our team has deep experience in both equities and credit of Banks, Insurers, Diversified Financials, Payments, Asset Managers/Gathers and Fintech. Our clients are large institutional investors along with private equity firms, regulators, financial advisors and corporations who value our research for its in-depth, intellectual approach and high quality. Please visit our website www.autonomous.com or contact us via info@autonomous.com. Autonomous was founded as a partnership in 2009 with European stock coverage from London, US Financials coverage was launched from our New York office in 2012, and in 2015 Chinese Macro Financials was added. Autonomous was acquired by Alliance Bernstein in April 2019 to broaden the depth of coverage and services. In May 2020 Autonomous entered into a collaboration with Celent, a leading Fintech Consultant to bring Celent’s financial services technology research work in this area to the Autonomous client base. Disclaimer: Our products and services are designed for Institutional Investors and are not suitable for Retail Investors. By accessing this page, you acknowledge that you are not a Retail Investor. The communication herein is not intended to constitute investment research, advice or recommendation and should not be interpreted as a solicitation to purchase or sell investment products, services or specific financial instruments. Autonomous bears no responsibility in any instance for any loss which may result from reliance on the information contained herein. Any posts, replies to or reposts by third parties not affiliated with Autonomous may not be construed as our views. For other important disclosures, please visit www.autonomous.com.