One-upmanship is the norm in investment banking and UBS Warburg and
Goldman Sachs have proved it's alive and well after the listing of
Bank of China Hong Kong. But rather than the usual "our execution
was better than yours" routine, this time the boasting is over who
gave the snazziest gift to a client.
It started at the post-listing party in Hong Kong. Liu MingKang,
chairman of the Bank of China,...
