Credit Suisse and UBS: Gut takes a tumble

Did Nikolaus Senn, chairman of the embattled Union Bank of Switzerland, seize a merger proposal from CS chairman Rainer Gut and use it as a crude weapon against his bitterest enemy and major shareholder Martin Ebner? Here's the story whose climax a third of all Zurich inhabitants watched on television.

Shackling the custodians

The Maxwell and Baring scandals turned the spotlight on the relative freedoms enjoyed in the UK by global custodians.

Bahrain's survival instincts

Bahrain's reputation as the pre-eminent financial centre on the Arabian Gulf is being challenged by the threat of civil unrest, a domestic sector which is overbanked and foreign banks questioning their need for a presence in the region.

Gearing up the tandem

The combination of Chase and Chemical always held the prospect of creating a foreign-exchange giant able to challenge Citibank's number-one position.

FX poll 1996: A close Chase

Newly-appointed global foreign exchange chief, Guy Whittaker, fell silent when Euromoney informed him that the new Chase had topped our annual foreign exchange poll.