Tag:
Brokerage Operation
Latest Headlines
Latest Headlines
Prime brokerage market heats back up
The more things change, the more they stay the same in the prime brokerage industry. While revenues across the industry are down, the battle to build assets from hedge funds has grown, as the business looms as strategic and stable in the aftermath of the credit crunch. If you can lock in hedge fun
Lehman Brothers prime brokerage customers left high and dry
We may be witnessing a historic shift in the prime brokerage industry. Morgan Stanley's prime brokerage operation has certainly been hit hard. The bank reportedly lost more than one-third of its assets in one week, back when it was perceived--rightly or not--to be on the ropes. Lehman Brothers
