JPMorgan reaps prime brokerage windfall

Fri Oct 17, 2008




JPMorgan is the latest prime brokerage to reveal its success at picking up huge chunks of business now that the bank is among the few remaining sources of financing. Over the past couple of months, hedge fund assets in JPMorgan’s prime brokerage unit have risen roughly 25%, according to the bank.

Following the rescue...

ISSN: 2151-1845 / CDC10004H

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