Men in suits are compelled to confide in David Nicholson

Profile of EBRD president Horst Köhler, European Businessman

What Köhler can criticise is not only Russia's flaccid legal system and its oligarchs' contempt for the law, but the ethics of its actions in this transition period. "I think the moral question, that 'fortune obliges', should be also in the mind of the Russian people, particularly the oligarchs. I think they should reflect on their position." This is Köhler at his most damning, verging on despair at the spiral of self-defeating corruption which is wrecking the Russian economy. Yet in the next breath he is praising the 'majority' of reasonable, honest Russians who hold out great hope for the future. Read full article...

Partnering in the Construction Industry, The Financial Times

Quantity surveyors tend to dismiss partnering as a passing fad. "I don't think supply chain management has any real life over the long term," says Martin Bishop, group chairman of QS firm Franklin and Bishop. This brings as astonished response from Bernard Rimmer, general manager of construction at Slough Estates. "That's absolutely diabolical," he says. Read full article...

Private Banking in Asia, Wall Street Journal

"The Wealth House is perhaps the best among the 12 houses," according to astro-fengshui.com. "Hong Kong is financially sound and remains the goose continuing to lay golden eggs." For those whose property interests plunged by an average 55 per cent in the wake of the 1997 Asian crisis, or for investors whose shareholdings fell through the floor, this might seem like wishful thinking. Read full article...

The lure of tangible asset investment, Sunday Telegraph

Chateau Lafite and Chateau Margaux are now selling at many multiples their value in the 1990s, mainly due to Asian bandwagoning by newly wealthy investors keen to prove their connoisseur credentials. Read full article...