Prime Time for "Mid-Prime."

Curtis, Carol E.
November 2009
Securities Industry News;11/16/2009, Vol. 21 Issue 21, p20
Trade Publication
Case Study
The article presents a case study which discusses how FBR Capital Markets, an investment banking firm based in Arlington, Virginia, was able to enter the prime brokerage market. It notes that following the collapse of global financial services firm Lehman Brothers and the economic crisis in 2008, FBR saw an opportunity to build a prime brokerage business. As of November 16, 2009, the company has already added several products and services including prime brokerage, convertible securities sales and trading and access to debt capital markets.


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