Swiss pretenders come to challenge prime broking's enthroned triumvirate
An ABN Amro study has singled out UBS and Credit Suisse as the next most likely to challenge the 'Big Three' of Bear Stearns, Goldman Sachs and Morgan Stanley but cautioned on leverage risks
Those in the peloton may have some way to go to offseat prime broking's pack leaders of Goldmnan Sachs, Morgan Stanley and Bear Stearns, but recent reading from ABN Amro says it may be the Swiss who first usurp the all-powerful Three.
As well as UBS and Credit Suisse, however, ABN Amro's report - Better the Devil You Know, issued on 28 March - singles out Merrill Lynch and Citigroup as other worthy contendors. For those looking to place bets now, however, prepare for a longish wait, with Morgan
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