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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...

Just how unique is Goldman Sachs?

Breakingviews.com strikes a note that we've hit on recently: Goldman Sachs has separated itself from its peers. While Goldman has remained extremely competitive, a lot of good companies are stumbling... Read more...

Bank of America sells prime broker

Bank of America put its prime broker up for sale about five months ago. FINalternatives reports it just recently inked a deal to sell it to BNP Paribas, which... Read more...

See this week's featured jobs and top stories ; provided by eFinancialCareers.com

Featured career opportunity:Strategic Financial Manager, Moody’s Investor ServicesMoody's
... Read more...

C&L: Executive Moves

Yvonne Wong to leave Merrill Lynch's Asian prime broker unit > KKR hires 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...