End of year round-up: Prime brokers are open for business again

With increasing competition, balance sheet innovations and the prospect of looser regulations, the PB squeeze seen in recent years is a thing of the past

After experiencing a squeeze in recent years, 2017 saw many of the biggest prime brokers spring back with competitive pricing and balance sheet availability to take on new clients. Execs from several large primes note that the pressure to conserve balance sheet due to the Basel III capital charges had