prime-brokerage

The net reduction of so-called prime-brokerage balances has been small, with the firm receiving new money from other investors.

Jitters Ahead of Bank Reports Liz Rappaport 2011

Jefferies also saw some prime-brokerage clients and customers of its Bache business leave the firm in November, though several have since returned, Chief Financial Officer Peregrine Broadbent said.

Jefferies Cuts Balance Sheet Brett Philbin 2011

Mr. Yalmokas is in talks to join Mr. Hendel as Bank of America's U.S. prime-brokerage head, the people say.

UBS Loses Three Executives, One to BofA Unit Steve Eder 2011

In mid-2008, Bank of America sold its prime-brokerage business to BNP Paribas as part of cuts to its investment-banking operations.

UBS Loses Three Executives, One to BofA Unit Steve Eder 2011

The other current prime-brokerage global co-head, Sylvan Chackman , whose background is in trading, will stay in his current role until June and is expected to continue in a prime-brokerage management role, the people say.

UBS Loses Three Executives, One to BofA Unit Steve Eder 2011

"This is just the beginning," said Ron Suber , senior partner and head of sales at Merlin Securities, a prime-brokerage services firm.

Sign of (Tough) Times: Small Broker's Closure Liz Moyer 2012

"Many managers are willing to miss the first leg of a future rally in order to preserve capital now," says Phillip Vasan , head of the prime-brokerage operation for hedge funds at Credit Suisse.

Spooked Investors Make a Run for Safety Tom Lauricella 2011

Morgan Stanley executives are trying to soothe investor jitters about the firm by showing how much its prime-brokerage unit has been retooled.

What's News— 2011

"My first thought when I heard it was how sad," said Keith Bliss , director of sales at Cuttone & Co., a trading and prime-brokerage services firm in New York.

Sign of (Tough) Times: Small Broker's Closure Liz Moyer 2012

The bank's senior prime-brokerage ranks will shift as a result, say people familiar with the business.

UBS Loses Three Executives, One to BofA Unit Steve Eder 2011