Deutsche Bank Lures Hedge-Fund Money as Credit Concern Abates

  • Prime broker growth seen; revenue flat even with tough markets
  • Cryan says bank reassured clients on counterparty risk

Deutsche Bank AG said hedge funds are parking more money at its prime brokerage, even amid difficult markets, as the German lender has reassured investors of its worthiness as a counterparty.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.