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How secure is your Tier 1 prime broker? The figures bare all

“How your Tier 1 bank handles it and how secure its systems are is paramount” reports According to the regulator, during the same period Barclays, Cahoot and Santander each suffered seven incidents while Lloyds Bank customers faced disruption on six occasions.FinanceFeeds followed this up with some London-based prime of prime brokerages, and it appears that most certainly, RBS has the lowest entry barriers and is actually willing to do business as a Tier 1 counterparty.Once upon a time, not very long ago, Tier 1 banks with large market shares in terms of FX dealing at prime brokerage level were often criticized for their execution methodology.

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