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

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note