The plunder of UBS

Swashbuckling Swiss Bank Corp is plundering Union Bank of Switzerland as if it were a captured Spanish galleon.

Who needs gunboats?

A ruling by a court in Denver, Colorado, threatened to frustrate all the Wharf group's dealings with US banks.

Back on track?

After many false starts, the slow train of Indian privatization is picking up speed.

It started in Scarsdale

Canadian bank CIBC has built up a good track record in the US since developing an investment-banking strategy in the early 1990s.