|The Champions League of investment banking
How we calculated the investment banking Champions League table
Manager: John Mack
Rising star: Chairman of Morgan Stanley International, Jonathan Chenevix-Trench has risen up the ladder from humble fixed-income beginnings. Smooth and urbane, Chenevix-Trench is extremely well connected and a key player in its non-US business
Weakest link: Was always considered to be the best run firm on The Street, yet somehow got outwitted by the bean counters from Dean Witter. Paid big sums to invest in three hedge funds in the space of a week at the end of 2006 in a bid to catch up with rival banks with successful hedge fund businesses.