By the standards of 2013, that positively marks it as a small time operation, the corporate equivalent of a three-card monte scheme.

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As for reliability, technology analysts say you'd be hard pressed to find an in-house corporate IT operation that tops AWS's cloud service.

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Leading the way of corporate ownership and operation of bowl games is ESPN Regional Television, a sports marketing, syndication and production company subsidiary of ESPN.

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Does the UK want to see its biggest television operation taken over by the same corporate culture that gave us the corrupt journalistic practices of the News of the World and that still own a third of the country's national press?

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After the four-hour summit, Mr Cameron will travel to Paris to meet French President Francois Hollande at the Elysee Palace where co-operation on tax evasion and avoidance as well as tackling corporate secrecy will again be on the agenda.

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He described his brief as carrying out the "biggest corporate turnaround programme in the UK" and focused in particular on its marketing operation.

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His small German operation lacking resources, he teamed with another BorgWarner business unit and then applied for funding from the fledgling corporate venture fund to bring it to market.

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In November Mr Rampl reshuffled his board, appointing Johann Berger to take over corporate banking and property, and Christine Licci, former head of Citigroup's German retail-banking operation, to revamp the retail business.

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