Prime brokers poised for €11bn order flow

Prime brokerages are expected to generate $11bn (€7.1bn) in revenues as a new report points to a deeper link between hedge funds' brokerage and cash equity needs.

Prime brokerage revenues are expected to increase 15% over 2006, and to outpace traditional institutional business over the next two years, according to a report by Tabb Group, a capital markets research and advisory firm.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump