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Last of the line

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To read some of the press comments, Cazenove, a small British investment bank, is a uniquely wonderful institution that displays all of the virtues of the City of old and none of its vices. Its chairman, David Mayhew, is routinely described as the City's most powerful banker, and its client list is the envy of its rivals. In the past few months speculation about Cazenove has been especially fevered because the bank has been trying to flog itself to many of the world's biggest financial institutions. On November 4th it at last came to a deal to set up a joint venture with one of them: J.P. Morgan Chase.
机译:要阅读一些新闻评论,一家小型的英国投资银行Cazenove是一家独特而绝妙的机构,展示了旧城区的所有优点,而没有任何弊端。通常,其董事长戴维·梅休(David Mayhew)被描述为纽约市最有权势的银行家,其客户名单令其竞争对手羡慕不已。在过去的几个月中,人们对卡泽诺夫的猜测尤为激烈,因为该行一直试图与许多世界上最大的金融机构institutions之以鼻。终于在11月4日达成了与其中一个合资企业:摩根大通(J.P. Morgan Chase)成立合资公司的协议。

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