Western Asset Management is up 1.61% so far this year, putting it in the bottom 35% of funds, but for one year it is up 8.98%, better than 94% of similar funds out there.

FORBES: Can Gross Get His Groove Back?

Last month, the woman asked Bishop what western countries knew about a Chinese naval asset.

NPR: Woman At Center Of Spy Allegations Is Enigma

Yes, HSBC had a pretty high profile and much-touted withdrawal, but Morgan Stanley just learned it will manage a multi-billion dollar privatization of SovComFlot, a state-owned ship construction and shipping business, and other Western investment banks are chomping at the bit to get a piece of the other asset sales that are coming down the pike.

FORBES: Sorry Ian Bremmer, the Russian Economy Is Growing