| 02.10.2008 Prime Brokerage – Opalesque Exclusive: SEB sees surge of hedge fund business, has Eur64m exposure to Lehman, One thousand hedge funds scramble for new prime brokers, Funds try to lose ties to Lehman, BNP Paribas completes acquisition of Bank of America`s equity prime brokerage business, Bank of America`s purchase of Merrill`s brokerage will make it the world`s largest brokerage, investment advisers persuaded to stay |
| Opalesque Exclusive: SEB sees surge of hedge fund business, has Eur64m exposure to Lehman
By Benedicte Gravrand, Opalesque London: With the collapse of Lehman, Morgan Stanley losing a third of its prime brokerage assets, and other prime brokers suffering losses, some are ripping the benefits. Among them is SEB, which has seen a sudden surge of assets from hedge funds of late. Opalesque l |
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