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Goldman Sachs cuts back in prime brokerage

The prime brokerage business is morphing as we speak. The free flow of leverage has been drastically reduced and that is leading Goldman Sachs--a premier prime broker along with Morgan Stanley--to... Read more...

Growth in prime brokerage continues strong

For the fireworks we've witnessed in the hedge fund industry, the fact is that the industry is thriving. The big institutions are not... Read more...

New era for prime brokers?

The credit crunch and the implosion of Bear Stearns mark a good opportunity to remake the prime brokerage industry, notes Financial News Online. Read more...

What chance does JP Morgan have as a prime broker?

As Bear Stearns melted down, many hedge fund clients hedged their bets by arranging relationships with other prime brokers and, perhaps, pulling some funds. You can... Read more...

JP Morgan works to retain Bear hedge fund clients

JP Morgan Chase, by dint of its Bear Stearns deals, is an instant powerhouse in the prime brokerage business. But it has a lot of work... Read more...

ALSO NOTED: Goldman Sachs aims to grow prime brokerage business in Asia; Moody's adjusted loss assumptions for 2006 CDOs; and m

Company News:> Legg Mason buys 13,500 shares. Article> Many options for Yahoo? Read more...

Pandit against a break up?

We've suggested that the sooner Vikram Pandit gets through the subprime crisis, the sooner he can get to the main issue: whether to... Read more...

E*Trade drama continues

After Citigroup issued a report suggesting that bankruptcy court was a legitimate option for E*Trade, most people assumed the pioneering online brokerage was searching for a deal. The issue is: with... Read more...

ALSO NOTED: Law firm seeks $700 million in Enron fees; More on Merrill's new CEO and the brokerage business; and much more...

Company News:> More on total costs of credit crunch. Item > More on Merrill's new CEO and the brokerage... Read more...

Morgan Stanley broker uses jobs site for cold calls

Getting a start in the brokerage business is basically a game of survival. You've got to show that you can cold call your butt off. We're talking hours of phone-spamming. It's basically a weeding out... Read more...