Wednesday, 25 November 2015
Last updated 2 hours ago
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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…