| Culminating his career with The Banker’s Global Bank of the Year award, Standard Chartered chief executive Mervyn Davies (left) must have thought he really achieved it all, and that it was time to hand over the helm to finance director Peter Sands (right). Mr Davies will become non-executive chairman of the bank. |
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| The dry image of banking is often retouched by banks’ patronage of the arts. Credit Suisse’s chief executive Oswald J Grübel has just achieved one of the most inspiring deals of recent times, with the general; sponsorship of Russian cultural icon the Bolshoi Theatre, currently undergoing a major facelift. |
