I need to point out an error I made during the show regarding the Credit Suisse/Julius Baer story (see below).
There was a rumour, and I mean pure scuttlebutt, in the market a few months ago about Credit Suisse's new chief executive, Tidjane Thiam, looking at smaller rival Julius Baer. The plan, though, was shelved pretty early on, according to well-placed sources. During the show I then refer to market rumours about Credit Suisse rekindling the Julius Baer acquisition idea after the upcoming cash call. However, in fact this is just my own theory rather than a rumour coming form a qualified source or a market source. Apologies, I misspoke and should have made that clear during the show.