Goldman World's Largest Prime Broker

Oct 4 2012 | 11:03am ET

Goldman Sachs has retained its prime brokerage crown, remaining the world's largest with $222.6 billion in assets.

The Wall Street giant, which has more than 900 clients, topped European rival Credit Suisse, which came in second with $200 billion, according to Hedge Fund Intelligence. JPMorgan Chase is the third-largest prime, with $187 billion.

Despite having more mandates than any prime broker besides Goldman, Morgan Stanley has only the fourth-most assets, $163 billion.

The first-tier is rounded out by UBS and Deutsche Bank, each of which has in excess of $100 billion in prime brokerage assets. Citigroup, Barclays Capital and Bank of America Merrill Lynch follow, but none boasts even $60 billion in prime assets.

HFI's survey, its first, seeks to cover the whole of the industry by combining the results of prime brokerage surveys conducted by AR magazine, EuroHedge and AsiaHedge.


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