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Today is Tuesday, February 9, 2010 at
-
Countdown to Market Close:
Reuters India – Nomura Holdings plans to launch a global prime brokerage business by September as the financial crisis creates room for new players to offer lucrative services to hedge funds, a senior executive said on Monday.
The move shows how Japan ’s biggest investment bank, which scooped the European, Middle Eastern and Asian units of bankrupt Lehman Brothers , is muscling into an industry once dominated by Goldman Sachs and Morgan Stanley .
Read Complete Article
Tags:
brokerage-business ,
financial crisis ,
goldman-sachs ,
india ,
investment-bank ,
japan ,
lehman brothers ,
morgan stanley ,
nomura-holdings ,
prime brokerage ,
reuters ,
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Related posts
Tags: brokerage-business , financial crisis , goldman-sachs , india , investment-bank , japan , lehman brothers , morgan stanley , nomura-holdings , prime brokerage , reuters
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