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<p>People gather at the 'Davos lounge' inside the Congress Center and follow the latest tweets of participants on the eve of the opening of the 43rd Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Tuesday. As corporate leaders gather for the World Economic Forum in Davos amid a slow and shaky recovery, a new study looks at business leaders' moods and what they hope to do this year.</p>

<p>People gather at the 'Davos lounge' inside the Congress Center and follow the latest tweets of participants on the eve of the opening of the 43rd Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Tuesday. As corporate leaders gather for the World Economic Forum in Davos amid a slow and shaky recovery, a new study looks at business leaders' moods and what they hope to do this year.</p>

January 24, 2013

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Defensive at Davos
January 24, 2013 8 p.m.

Defensive at Davos

Big banks under pressure, on defense due to scandals, regulations

DAVOS, Switzerland - If there is one place bankers should be able to let down their guard a little, you would think it would be at the World Economic Forum in Davos, an exclusive gathering of 2,500 of the globe's financial and corporate elite.