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Banks looking for friends from high places as advisers

Over 30 top politicians and central bankers have joined Western banks, investment firms

MR BARROSO: The former European Commission president joined Goldman Sachs last week.


IT'S good to have friends from high places, and banks are luring former world leaders and past central bank chiefs as advisers to give them an edge in a difficult landscape.

Banks and investment firms have more than 30 advisers who in the past sat at the top table of global...