Renaissance has been pulling money from Deutsche Bank - report

Author: Adam Button | Category: News

Renaissance Technologies is the greatest hedge fund of all time

Renaissance Technologies has been taking money out of its prime brokerage accounts with Deutsche Bank over the past few months, Bloomberg reports.

They've moved their money to Barclays and Bank of America.

This gets me thinking: Is DB the black swan that central bankers are so worried about? It doesn't look like an imminent death spiral at the moment but as the sayings goes about bankruptcy: It comes slowly, then quickly.
Renaissance Technologies is the greatest hedge fund of all time


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