Mar 15: Barclays eyed UBS

In 2008 it was rumoured that Barclays was considering making an offer for Swiss bank UBS. The Financial Times has now learnt that those rumours were true. Megan Murphy, investment banking correspondent, explains what the move tells us about the scale of Barclays' ambition and why the UK bank might be breathing a sigh of relief that the deal didn't go through.