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Some of the big names who are set to benefit
15 Oct 2009
Last year he earned £28million as his Odey Asset Management short-sold banks during the financial crisis. That may be matched this year as he has been buying bank shares as they recover. The Harrow and Oxford-educated fund manager operates from a Georgian house just off Park Lane.
Leda Braga
The manager of the £4.4billion Blue Trend hedge fund is reckoned to have made around £10million last year.
One of a clutch of women hedge fund managers with a growing profile Brazilian-born Braga's operation increased in value by 43 per cent when most competitors saw falls of 20 per cent. Believed to do a 15-hour day and regularly taking work on holiday, Braga lives in west London.
Tadhg Flood
The Irishman is co-head of European financial institutions at Deutsche Bank - this year has been a vintage year for bail-out bankers, who have worked on refinancings for Europe's biggest institutions and have been advising governments. Flood, 37, established his reputation two years ago when he helped Deutsche win Barclays as a client. He worked on Barclays's acquisition of Lehman Brothers' operations in North America following its collapse last September.
Reckoned to have been at one time Britain's best-paid female executive, the 49-year-old is said to have amassed £200million with her hedge fund Ikos. Ambrosiadou, who grew up in Thessalonika, has relocated her operation to Cyprus to avoid Alistair Darling's tax rises and rules on non-domiciled residents. She says her watchwords are "sacrifice, integrity and balance".
Craig Coben
Head of equity capital markets origination for Europe, the Middle East and Africa, Bank of America Merrill Lynch. Since Merrill's $50 billion marriage with Bank of America a year ago, dozens of key staff have quit, but Coben stayed and prospered as the firm reaped huge fees from raising billions of pounds in emergency capital for FTSE 100 clients. He is the brother of thriller writer Harlan Coben and a friend of Da Vinci Code author Dan Brown.
The head of international capital markets at JP Morgan is known in the industry as the "convertible bond king". He has risen through the ranks since he joined in 2000. Last year, his empire expanded when JP Morgan integrated its capital markets businesses. The firm has earned the most in investment banking fees this year.
Ian Hannam
Co-head of equity capital markets at JP Morgan Cazenove, he was a key figure this year as Britain's big firms came calling in a desperate hunt for capital. Hannam played a leading role in running cash calls for HSBC, Land Securities and mining giant Xstrata. He attended Bermondsey grammar, and is a Millwall fan and a former member of the Territorial SAS.
