By Michael Heise, chief economist Allianz Group/Dresdner Bank
An in-depth look at the state-owned sovereign wealth funds that dominate the attention of the world's financial markets
If you don’t fully understand an instrument, don’t buy it. If you would not buy for yourself a specific product, don’t try to sell it. If you don’t know very well your customers, don’t lend them any money. If you do all these things, you will be a better banker, my son
Emilio Botín, chairman of Santander, gives advice to bankers on how to avoid a crisis while accepting Euromoney’s best global bank for 2008 at the Awards for Excellence dinner