Banks hold their fire after Newman's attack on analysts INVESTMENT banks are keeping quiet about a scathing assessment of the quality of local stock analysts by former ASX and Deutsche Bank chairman Maurice Newman in his review of Newcrest Mining's disclosure policy. In the report, commissioned by Newcrest and released on Thursday by the miner, Mr Newman said cost-cutting had left brokers covering too many stocks since the global financial crisis, that there had been a "thinning of talent" and that some analysts, which he did not name, failed to understand the relevance of company information.