Basel III battleground for primes

Consolidation predicted among prime brokers following regulatory shakeout


The leader board of prime broking is dominated by around half a dozen players. Although new entrants to the market focusing on niches are not unknown, the business has been cornered by the likes of Credit Suisse, Deutsche Bank, Goldman Sachs and Morgan Stanley.

JP Morgan, which acquired Bear Stearns in 2008, has had success in the US as a prime but is still growing in Europe from a smaller base, having only set up its platform around three years ago.

Prime brokers such as JP Morgan say clients

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: