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Goldman Sachs tops prime brokerage ranking

by Amal Robleh

Credit Suisse jumps past Morgan Stanley and Deutsche Bank closes gap in annual ranking as staff churn accelerates among primes.

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It's good to be the king: Goldman Sachs is again the most popular choice for hedge funds, topping the annual Absolute Return prime brokerage rankings for the second consecutive year.

This is the third year out of the five that that Goldman has ended up on top. J.P. Morgan, the only other prime to taste the glory of first place (in 2010 and 2011), took silver for the second year running, with virtually the same slim distance between it and the top spot as in 2012.

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