Andrew Tuckey, the former Barings deputy chairman, has survived the CSFB takeover of Donaldson, Lufkin & Jenrette and is working as a 'senior adviser' on a part-time basis for the Swiss-owned investment bank. Some in the City of London had speculated that Tuckey, one of the best corporate financiers in the City before the Barings scandal, would not make the trip to Canary Wharf.

Tuckey was one of the high-profile casualties of the Leeson affair that brought down the old Barings. He was later banned from being a company director after action by the DTI, but was allowed to advise Lloyds on its £6bn acquisition of TSB. Tuckey resurfaced in a behind-the-scenes role at DLJ, where the old Phoenix crowd ran what was once described as a 'refugee camp' for former City luminaries. He will keep a similar job at CSFB, which clearly values his contacts book.