For lo, the blessed Michael has come down amongst us through a miracle, named Vermeer Holdings, in an episode which has more than a touch of City déjà vu about it. 

 

Indeed, it is eerily close to a reprise of the great UBS defection he orchestrated 16 years ago, and which was described at the time as the “Laing & Bang” liberation front.

 

This time around, the peripatetic Michael is instrumental in helping ...