High hopes for high-yield IPOs

Stable but low-growth companies that would once have had difficulty exciting the interest of investors could get higher valuations through new high-yield IPO structures.

Peninsular wars

Private bankers in Spain and Portugal are working hard to tap a rapidly increasing group of high-net-worth individuals.

John Mack: How Mack got whacked

Last month, Euromoney reported on the challenges facing CSFB CEO John Mack in rebuilding the firm's global investment banking franchise after three years' cost-cutting and damage limitation.

Is there room at the hedge fund table?

Can the traditionally close relationship between private banks and hedge funds survive growing inflows of new money from institutional investors with huge volumes of funds to allocate and a less agile investment process?