WHEN PRIME BROKERS FAIL: THE UNHEEDED RISK TO HEDGE FUNDS, BANKS, AND THE FINANCIAL INDUSTRY
by AIKMAN, JONATHAN S.
List Price: HK$ 475.00
¡@ISBN
9781576603550
¡@Subject
N\A
¡@Publisher
BLOOMBERG
¡@Publication
2010
¡@Edition
Hardcover
¡@Version
Original
¡@Description
An informative primer on the new landscape of leading prime brokers
Before the recent financial crisis, both regulators and market participants disregarded the complex and dangerous nature of the relationship between prime brokers (the banks) and their clients (the funds). In When Prime Brokers Fail, J. S. Aikman examines the convoluted structure of this relationship, the main participants, and the impact of the near collapse of prime brokerages on the financial world.
Filled with in-depth insights and expert advice, When Prime Brokers Fail takes a close look at the unheeded risks of prime finance and lays out the steps required for managers to protect their funds and bankers to protect their brokerages.