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Reuters ahead with news Mizuho closing Singapore prime brokerage unit04.06.2011
Reuters clients were first to learn that Japan’s Mizuho Securities was shutting its Singapore prime brokerage unit after big investments in staff and high-speed trading technology failed to attract hedge fund clients. Reporters in Japan and Singapore got the news from sources late on April 6 and confirmed it with documents the following day as Bloomberg scrambled to match the scoop. |
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