Hot under the collar: banks make big calls in strategic equity

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Hot under the collar: banks make big calls in strategic equity

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20111023 - BEIJING, CHINA: Crown Prince Philippe of Belgium and Mr Chen Feng, Chairman of HNA Group and Outgoing Foreign Minister and Minister of Institutional Reforms Steven Vanackere pictured during a Dinner of HNA at the Marriott Beijing Northeast Hotel in Beijing, on the third day of the Belgian Economic Mission to the People's Republic of China, Sunday 23 October 2011. BELGA PHOTO ERIC LALMAND | ERIC LALMAND/PA Images

A surge in shareholder activism is providing banks with a lucrative new source of revenue, but they have to tread carefully or risk losing treasured corporate relationships, writes David Rothnie.

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