The Australian Financial Review: ‘Bootstrap Barrenjoey’ seeks larger slice of prime broking market

Get ready for a fresh face in the prime broking market. The mass exodus of global investment banks has left a gap in the sector, and disruptor bank Invast Global wants a piece of the action.

Street talk can reveal Invast Global, which launched in Australia a decade ago, is repositioning itself to take a bigger slice of the billion-dollar market, rebranding to 26 Degrees and retiring its full-service retail brokerage business to focus on institutional clients. 

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