Expanded prime services business more closely linked with Exane at BNP Paribas will launch after the integration of Deutsche Bank’s hedge fund clients is completed.
Tag: prime brokerage
Deutsche Bank's former head of prime brokerage Americas sales joins Cowen to bolster global securities finance division.
Marquee Connect project will see Goldman Sachs develop a virtual way for hedge funds to connect with prospective investors.
Brian Fagen had previously spent nine years with Deutsche Bank, and recently joined BNP Paribas following the substantial prime brokerage deal between both banks.
As digital asset firms look to reach institutional investors, the largest players have realised the need for prime brokerage services and appear to have all made their moves at once.
Two new teams focused on client management and electronic coverage have been established at Societe Generale, with HSBC’s Jonathan Green taking a leadership role.
Equities and fixed income financing rose in the first quarter at Goldman Sachs, as hedge funds increase balances.