The wave of new financial regulations that have been brought in since the end of the financial crisis have created numerous problems for financial institutions across the industry. One of the areas where these regulations have had the most impact is banks’ balance sheets where regulations have completely redefined the capital requirements for certain services.
The impact of Basel III regulations on Prime Brokerage operations is the subject of a new research booklet from JP Morgan.
Also see a list of the top hedge fund letters
Banks are in the process of redefining a finance model that provides clients access to financing, but at the same time earns an acceptable return for shareholders. Rules introduced following the financial crisis have made it...

