Street's Mad Dash To Prime Brokerage

May 2005
Investment Dealers' Digest;5/2/2005, Vol. 71 Issue 17, p4
Trade Publication
Reports on the efforts of banks in building the lucrative prime brokerage business in North America. Appointment of Steven Winter as managing director and head of fixed-income prime brokerage at Banc of America Securities LLC; Provision of banking services and securities lending to hedge funds; Percentage of the total revenues of investment banks earned from hedge funds.


Related Articles

  • One Charged -- B of A Still In Hot Seat? Boraks, David; Julavits, Robert // American Banker;9/17/2003, Vol. 168 Issue 179, p1 

    The filing of criminal charges Tuesday against a Bank of America Corp. (B of A) employee raised the stakes in investigations by the New York attorney general and the Securities and Exchange Commission into mutual fund sales abuses. Attorney General Eliot Spitzer's announcement of grand larceny...

  • Jefferies Jumps Into Prime Brokerage Biz.  // Investment Dealers' Digest;2/27/2006, Vol. 72 Issue 8, p4 

    The article reports that Jefferies Group Inc. has hired the six-member team from Bank of America Securities LLC to lead the middle-market investment bank's drive in the prime brokerage business in the U.S. The company intended to take a novel approach by targeting smaller hedge funds from...

  • B of A's Growth Plans Revolving Around NYC. Boraks, David // American Banker;6/12/2003, Vol. 168 Issue 112, p1 

    Compared with many well established Wall Street firms, Bank of America Corp. is still a newcomer to investment banking and asset management, but it is rising quickly in that business. If company does build its building in New York, the development would house two of the company's three main...

  • BofA parks in whole auto lot. G. C. // Asset Securitization Report;7/4/2005, Vol. 5 Issue 26, p9 

    The article reports on Banc of America Securities LLC's $890 million deal. The bank has emerged as the newest member of a cadre of investment banks that have moved into the sector in recent years. The deal, tagged BASAT 2003-WF1, consists of four triple-A senior tranches and $38 million of...

  • B of A Gets Barclays Fixed-Income Exec. Boraks, David // American Banker;4/26/2005, Vol. 170 Issue 79, p3 

    Announces that Banc of America Securities, the capital markets arm of Bank of America Corp., hired a Barclays Capital Inc. executive to help it expand fixed-income services for hedge funds. Profile of Steven R. Winter, who joined Bank of America on April 4, 2005 as a managing director and head...

  • A Focused Approach. Hadjian, Ani Laura // Investment Dealers' Digest;10/16/2000, Vol. 66 Issue 40, p26 

    Reports the performance of the Bank of America (BofA) Securities in Charlotte, North Carolina. List of former NationsBank executives managing the investment banking platform; Projections of investment analyst Carter McClelland on investment banking; Details on the middle market investment...

  • B of A's Bremer, K2 Find Circles. Roper, Akil Salim // Private Placement Letter;10/04/99, Vol. 17 Issue 39, p3 

    Reports on the securities offerings of Banc of America Securities. Bremer Financial Corp.'s tranche offering; Ski gear manufacturer K2 Inc.'s offering.

  • B of A Securities Merges Equity and Finance Groups . Mandaro, Laura // American Banker;6/11/2002, Vol. 167 Issue 111, p2 

    Reports on Banc of America Securities' combination of its two equity products group in order to enable the same calling officers to sell the companies' products. Appointment of Trevor Ganshaw to head the group; Origination and structuring of equity-linked products; Advice given to clients on...

  • Banc of America Hit Out of Pinellas Park. Randall, Danielle // Investment Management Weekly;09/18/2000, Vol. 13 Issue 36, p3 

    Reports the plan of the General Employees' pension fund for the City of Pinellas Park, Florida, to replace under performing manager Banc of America.


Read the Article


Sign out of this library

Other Topics