Remove Advisory Remove Bulge Bracket Remove Risk Management
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UBS and Credit Suisse: The Next Shoe to Drop in the Financial Crisis of 2023?

Mergers and Inquisitions

I explained the reasons for Silicon Valley Bank’s failure in last week’s article : incompetent risk management, massive losses on HTM securities, and a run on the bank that created the need to sell securities at a loss and get cash to cover the withdrawals. By contrast, Credit Suisse barely had any HTM securities. Klein & Co.

Banking 98
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The prime brokerage pie is growing, which means bigger slices for everyone

The TRADE

This has created an ongoing opportunity for mid-tier prime brokers, particularly those with broad asset class and geographical capabilities comparable to those of the bulge bracket banks. Looming regulatory issues and the ever-increasing complexities of the business have led to constantly evolving risk management systems.

Funds 69