Deutsche Bank Named Top Prime Broker

Mar 28 2008 | 10:39am ET

Deutsche Bank has dethroned Morgan Stanley as the top global prime broker, according to a new survey.

Global Custodian magazine’s annual ranking of prime brokerage services found Morgan Stanley falling into third place after two years in first. Merrill Lynch jumped into second place after finishing in sixth last year. Deutsche Bank ranked second last year.

Both third and fourth places saw ties: Bear Stearns, its recent troubles notwithstanding, tied Morgan Stanley for the former, with Lehman Brothers and UBS sharing the latter.

The rankings are based on a poll of more than 2,800 hedge funds.

Rounding out the top 10 are Credit Suisse Group, Citigroup, Goldman Sachs and Barclays.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of