Deutsche Bank has been appointed additional prime broker to a $1.3bn (€1.1bn) hedge fund run by GLG, one of Europe's largest hedge fund managers.

The bank, whose prime brokerage business lost two global heads in quick succession earlier this year, will provide financing, settlement, custody and reporting services to GLG's European long/short equity fund.

Deutsche Bank's prime brokers win GLG mandate

William Hutchings

Deutsche Bank

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