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

Change In 'Accredited Investor' Definition Could Hurt Crowdfunding Space

Jul 25 2014 | 8:14am ET

The Securities and Exchange Commission is considering changes to its 30-year-old...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note