TITLE

Prime Time for "Mid-Prime."

AUTHOR(S)
Curtis, Carol E.
PUB. DATE
November 2009
SOURCE
Securities Industry News;11/16/2009, Vol. 21 Issue 21, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Case Study
ABSTRACT
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.
ACCESSION #
51271679

 

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