Prime Brokerage

New-look prime broking market takes shape in Europe

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The credit crisis continues to have repercussions on prime brokerage - with Goldman Sachs and Morgan Stanley still leading by mandates, but Credit Suisse now ahead by assets and Deutsche Bank among others rising strongly

The credit crisis continues to have repercussions on prime brokerage - with Goldman Sachs and Morgan Stanley still leading by mandates, but Credit Suisse now ahead by assets and Deutsche Bank among others rising strongly

Goldman Sachs remains narrowly ahead of Morgan Stanley as the biggest player by number of mandates in the European prime brokerage business, according to the latest annual survey of the industry by the EuroHedge data and research team.

But Credit Suisse has now leap-frogged UBS into third place by number of mandates, and has also catapulted to the top of the table by assets.