Credit Suisse and Deutsche Bank ranked as the best prime brokerages of 2008 in a closely followed survey due out this week, a copy of which was reviewed by Dow Jones Newswires.
The annual survey of hedge funds, conducted by Global Custodian magazine, had about 25% fewer respondents than last year -- not surprising considering the global economic meltdown and shrinking of the hedge-fund industry.
Credit Suisse narrowly outscored Deutsche Bank, last year's winner, although Deutsche Bank got more "best in class" awards.
http://online.wsj.com/article/SB124645437956079787.html
Thursday, July 2, 2009
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