In future, foreign investment banks will need to move deeper into corporate finance and asset management, reckons Nicholas Hurd, head of Fleming's Brazil office.

ECONOMIST: Brazil��s investment banks

Their main functions were finance (93) and corporate management (81).

FORBES: Management and Business Operations

This covers a host of businesses that provide steady income and are not too capital-intensive, such as corporate cash management, foreign exchange, trade finance, global custody and hedge-fund administration.

ECONOMIST: Why the industry��s best days may be behind it

The firm overall is keen to sell more services to its big base of corporate customers, for example in cash management and trade finance.

ECONOMIST: The secret of a French bank��s success

The company just announced a management shakeup to overhaul its legal, corporate-finance and government-affairs units.

FORBES: Friendly Skies

Working Lunch will offer management advice for women entrepreneurs and corporate executives and tips about personal finance.

FORBES: The convergence gamble

He is chairman of the board's management development and compensation committee and also sits on the board's corporate governance committee and its finance committee, which oversees policies for managing credit and risk exposure at the firm.

FORBES: O'Neal Steps Aside At Merrill