Chase's gain is wine bar's loss
On June 4, 250 of the great and good from the international financial markets joined Euromoney staff for lunch at the Savoy Hotel to celebrate the magazine's and the company's 30th birthday. Many had flown in especially for the event and were entertained by a passion-filled speech from Euromarket veteran and chairman of Barclays Capital Hans-Joerg Rudloff on the development of the international capital markets.
When retiring Bundesbank president Hans Tietmeyer stepped forward to receive a special life-time achievement award from Padraic Fallon, chairman of Euromoney Institutional Investor PLC, he did let drop that another invitation had helped draw him away from Frankfurt: he had spoken the day before at a 750th anniversary celebration at University College Oxford.
Tietmeyer certainly had an opportunity for informed debate at the Savoy, where he was seated at the same table as former UK chancellors of the exchequer Nigel Lawson and Norman Lamont. The latter showed a particular and persistent interest in Tietmeyer's recollection of the European exchange rate mechanism crisis of 1992.