FT Banking Weekly

In this week’s podcast, the banking team discuss HSBC sounding out investors over the idea of floating its UK operations. They take a look at the latest on the rate fixing scandal, as JPMorgan and Citigroup are fined for their involvement in the manipulation of Yen Libor. Finally, Javier Blas, Africa editor, joins from Johannesburg to outline Bob Diamond’s bid to enter the African banking sector, as he and Ugandan entrepreneur Ashish Thakkar seek investors for their planned $250m cash shell Hosted on Acast. See acast.com/privacy for more information.

Sharlene Goff is joined by Sam Fleming to dissect the latest figures on the Funding for Lending scheme, where cumulative net lending has risen to £3.6bn. Daniel Schäfer has details of Lord Blackwell's appointment as chairman of Lloyds, plus full year 2012 bank bonus figures, including news that the largest nine investment banks are on track to reduce pay by 5% this year despite a second successive year of profit growth Hosted on Acast. See acast.com/privacy for more information.

Patrick Jenkins is joined by Sharlene Goff to discuss RBS' attitudes towards small businesses, including allegations that the bank has run SMEs into the ground for its own gain. Financial regulation correspondent Sam Fleming looks at the Fed's stance on negative interest rates and what this could mean for commercial banks' portfolios, and Daniel Schafer unpicks the curious case of the JPMorgan dinner at Buckingham Palace. Hosted on Acast. See acast.com/privacy for more information.

Patrick Jenkins is joined by Sharlene Goff to discuss RBS' attitudes towards small businesses, including allegations that the bank has run SMEs into the ground for its own gain. Financial regulation correspondent Sam Fleming looks at the Fed's stance on negative interest rates and what this could mean for commercial banks' portfolios, and Daniel Schafer unpicks the curious case of the JPMorgan dinner at Buckingham Palace. Hosted on Acast. See acast.com/privacy for more information.

Patrick Jenkins is joined by Sam Fleming to discuss comments from Andrea Enria, chair of the European Banking Authority, on the region's banking sector. Sharlene Goff has the remarkable story of the former Co-op bank chair caught allegedly buying drugs just days after appearing before the Treasury select committee and Daniel Schäfer has news of Edmond de Rothschild's move to set up a merchant banking business in London Hosted on Acast. See acast.com/privacy for more information.

Patrick Jenkins is joined by Sam Fleming to discuss comments from Andrea Enria, chair of the European Banking Authority, on the region's banking sector. Sharlene Goff has the remarkable story of the former Co-op bank chair caught allegedly buying drugs just days after appearing before the Treasury select committee and Daniel Schäfer has news of Edmond de Rothschild's move to set up a merchant banking business in London Hosted on Acast. See acast.com/privacy for more information.

This week Patrick Jenkins is joined by Sharlene Goff to discuss the latest on the Royal Bank of Scotland, from residential mortgage-backed securities mis-selling to personnel changes and rebranding as restructuring continues. Daniel Schäfer has news of strong results at Crédit Agricole and Société Générale and updates on the Euribor, Yen Libor and Forex manipulation scandals, including a possible US probe into the metals market. Hosted on Acast. See acast.com/privacy for more information.

Patrick Jenkins is joined by Daniel Schäfer to discuss the growing number of banks suspending staff over alleged foreign exchange manipulation and demands from the Swiss Finance Minister that Swiss banks increase their leverage ratios. The banking team also takes a look at two very different examples of restructuring, as Sharlene Goff explains the latest on the respective approaches at the Co-op and RBS Hosted on Acast. See acast.com/privacy for more information.

This week, Sharlene Goff is joined by Daniel Schaefer to discuss the case against splitting RBS into a good bank and a bad bank, Sam Fleming unpicks Mark Carney's decision to press ahead with a review of the BoE, and the team sheds light on the range of tactics available to banks seeking to dodge the EU bonus cap. Hosted on Acast. See acast.com/privacy for more information.

The banking team discusses the penalties handed out to JPMorgan and Bank of America for mortgage mis-selling and analyses the tumultuous restructuring of the Co-operative Bank. Guy Dinsmore joins from Rome to shed light on the arrest in Bologna of a former UBS head for his alleged part in assisting US citizens in tax evasion. Hosted on Acast. See acast.com/privacy for more information.

In this week's podcast Sharlene Goff examines Lloyds' warning that the Help to Buy scheme will distort the market and cause a new housing bubble, Daniel Schäfer dissects JPMorgan's first quarterly loss under Jamie Dimon and Patrick Jenkins is joined by Chris Thompson to discuss the alarming rise in European banks' exposure to their domestic government bonds and the questions raised by the closeness of this relationship. Hosted on Acast. See acast.com/privacy for more information.

This week Patrick Jenkins and Sharlene Goff are joined by Tanya Powley, personal finance correspondent to discuss help to buy, the latest phase of which begins this week - will this be a boon for first time buyers or will it cause house prices to rise? Hedge fund correspondent Sam Jones joins to discuss John Paulson’s confirmation that his hedge fund has invested in Greek banks and Michael Stothard, Paris correspondent, talks about renewed signs of growth in the French banking sector Hosted on Acast. See acast.com/privacy for more information.

The banking team, rejoined by companies editor Brooke Masters, discusses the booming US CDO market and the questions it raises for regulators. Patrick Jenkins asks whether the number of banks involved in the Barclays rights issue is a sign of a new age of reciprocity. And Rachel Sanderson, Milan correspondent, explains the change of leadership at the top of Italy’s largest retail bank Intesa. Hosted on Acast. See acast.com/privacy for more information.

The banking team discusses the latest evidence of poor third-quarter results from investment banks. Sam Jones, hedge fund correspondent, joins the podcast to look at the Fed’s startling decision not to scale back on QE and whether investors should take central banks’ guidance with a pinch of salt. Michael Stothard, Paris correspondent, examines US money markets’ renewed interest in French banks. Hosted on Acast. See acast.com/privacy for more information.

The banking team, joined by Ralph Atkins, capital markets editor, discuss the markets' reaction to Larry Summers' decision to withdraw from the race for the Fed chairmanship. Richard Milne, Nordic correspondent, discusses the change at the top of Danske Bank. Plus Barclays' rights issue and the start of the government sell-off of Lloyds. Hosted on Acast. See acast.com/privacy for more information.

The banking team looks at Sir John Vickers' call to double the amount of capital he believes lenders should be required to hold; a preview of a rare interview with Credit Suisse chief executive Brady Dougan, and the efforts of the Lloyds Banking Group to hive off its TSB unit as a separate entity. Hosted on Acast. See acast.com/privacy for more information.

The banking team return from their summer break to examine the regulatory problems at JPMorgan, as US authorities demand the bank pay more than $6bn to settle allegations of mis-selling and a probe is launched into its hiring practices in Asia. James Shotter joins from Switzerland to discuss what is going on at Zurich Insurance, as the company launches a probe into the death of its former finance chief, and the team look at the Co-operative Bank, who last week announced a massive pre-tax loss, ratcheting up pressure on its bondholders to back a proposed debt restructuring plan Hosted on Acast. See acast.com/privacy for more information.

This week the banking team discuss Santander UK’s interest in breaking into the rapidly growing peer-to-peer market, Deutsche Bank’s plans to shrink its vast balance sheet in order to comply with stricter rules for financial soundness, and the Abu Dhabi sheikh who prevented Barclays from seeking state aid at the height of the financial crisis, selling his stake in the bank Hosted on Acast. See acast.com/privacy for more information.

This week sees Goldman Sachs’ former employee Fabrice Tourre in court over an alleged derivatives mis-selling scandal and the publication of the bank’s second quarter results. Will either of these events spoil the bank’s attempts to burnish its image? Also discussed are the recent cash crunch in China and its aftermath, and Nationwide’s plan to meet the new 3 per cent leverage ratio by 2015. Hosted on Acast. See acast.com/privacy for more information.

Mark Carney began his new role at the helm of the Bank of England last week. In this week’s podcast, Patrick Jenkins, banking editor, is joined by Chris Giles, economics editor and Brooke Masters, chief regulation correspondent, to review Mr Carney’s first few days in the job, and what his top priorities will be as governor. Also discussed is the Basel Committee on Banking Supervision’s latest blow to the credibility of the main measure of bank safety, core tier one capital ratios, and Tobias Buck, Madrid bureau chief, joins to examine why Spanish banks are preparing for Basel III by attempting to get deferred tax assets changed into tax credits Hosted on Acast. See acast.com/privacy for more information.

The banking team discusses the plan to rescue the Co-operative Bank, preview George Osborne’s Mansion House speech, which is likely to include clues about the government’s plans for Lloyds and RBS, and consider the view of a US regulator who described Deutsche Bank’s capitalisation is “horrible”. Hosted on Acast. See acast.com/privacy for more information.

This week the banking team discuss JPMorgan’s annual meeting, where chief executive and chairman Jamie Dimon won a clear victory over shareholder activists looking to strip him of one of his roles. They also look at pay in Europe in light of recent tweaks to EU bonus caps, and Qatar snapping up stakes in key lenders Hosted on Acast. See acast.com/privacy for more information.

This week the banking team discuss the replacement of the scandal-plagued libor benchmark rate, which could happen as early as next year. Camilla Hall reports from Dubai to discuss banking in the Middle East and the US criminal probe into whether Barclays made improper payments in Saudi Arabia. Finally, the team discuss the financial wellbeing of the Co-op Bank as Moody’s downgrades its credit rating to “junk” Hosted on Acast. See acast.com/privacy for more information.

This week, the banking team discuss recent transatlantic spats over bank regulation, as Michel Barnier, the EU commissioner in charge of financial services warns the US on bank 'protectionism'. Miles Johnson, Madrid correspondent looks at the reasons behind Santander chief executive Alfredo Sáenz's resignation, and the team discuss the UK government's reprivatisation agenda for RBS and Lloyds as Jim O'Neil, the UK Financial Investments chief executive and the man appointed to oversee this element of the financial recovery steps down. Hosted on Acast. See acast.com/privacy for more information.

This week the banking team discuss the departure of the last two senior executives from the Bob Diamond era at Barclays, as Rich Ricci, head of investment banking and Tom Kalaris, head of wealth management, announce plans to retire. They also review the recent US bank results, and look at Chancellor George Osborne’s plans to expand the Funding for Lending Scheme Hosted on Acast. See acast.com/privacy for more information.

This week the banking team examine the fallout from the Parliamentary Commission on Banking Standards’ report into HBOS, as former chief executive Sir James Crosby asks for his knighthood to be revoked. They also take a look at the latest developments in the Libor-related rate-rigging scandal as the probe expands around the world, and are joined by Elaine Moore, deputy editor of FT Money to talk about the Post Office announcing plans to offer current accounts in all its branches by 2014 Hosted on Acast. See acast.com/privacy for more information.

This week the banking team discuss two long-awaited reports published last week: the damning report on HBOS by the Parliamentary Commission on Banking Standards, which accused former executives of presiding over a “colossal failure”, and the Salz review of the culture and values at Barclays. They also look ahead to US bank results which start this week, and what they could mean for the industry Hosted on Acast. See acast.com/privacy for more information.

Joshua Chaffin, EU correspondent, joins the podcast from the Cypriot capital Nicosia to discuss the bailout deal that was reached in the early hours of Monday morning, and the mood on the ground in the country. Also up for discussion are the narrowing gap between bankers' pay and that of other professional occupations, and the latest tweak to Basel III reforms of the banking sector Hosted on Acast. See acast.com/privacy for more information.

Peter Spiegel, Brussels bureau chief, joins the podcast to discuss the potential fallout from the bailout in Cyprus, which sees bank deposits tapped for the first time. Also under discussion are the results of the second leg of US stress tests, as the Fed orders JPMorgan and Goldman Sachs to improve their capital planning, and the latest debate about executive pay at UBS following the revelation that the bank paid nearly $27m to hire Andrea Orcel from Bank of America to head its investment bank and is paying its chief executive more than $9m. Hosted on Acast. See acast.com/privacy for more information.

George Parker, political editor, joins FT banking correspondents to discuss the UK parliament's banking standards commission, which wants tougher legislation for the industry; pay at the top of Barclays and RBS; and stress tests in the US, which highlighted weaknesses at Goldman Sachs Hosted on Acast. See acast.com/privacy for more information.

FT banking correspondents discuss the latest round of bank results, with HSBC lifting its dividend by half in the fourth quarter and RBS and Lloyds moving somewhat closer to reprivatisation, as well as looking at the impact of the EU’s move to cap bonuses at banks. Hosted on Acast. See acast.com/privacy for more information.

The FT's banking correspondents look at RBS' plans for a partial float of its US business, Lloyds' plans to defer its chief's bonus until 2018, big investment banks losing market share and a regulatory push to limit banks' scope for discretion in calculating risk-weighted assets Hosted on Acast. See acast.com/privacy for more information.

This week the banking team is joined by David Oakley, investment correspondent, to discuss Barclays’ recent restructuring plans and whether bank stocks can outperform all others in the coming decade. The team also looks at the possibility that the European Parliament could put a cap on bankers’ bonuses, as talks on EU banking reforms enter a potentially decisive week Hosted on Acast. See acast.com/privacy for more information.

This week the banking team look at small UK banks' claim that a "glass ceiling" hands larger competitors an advantage. Also up for discussion are RBS' Libor settlement, Barclays' cost-cutting strategy plan and the latest European bank results Hosted on Acast. See acast.com/privacy for more information.

This week: chancellor George Osborne's warning that banks face break-up if they do not comply with rules designed to make the banking system safer, Barclays' woes as senior management figures step down and UK authorities probe the bank's Qatar connections, and risk weighted assets and the differences between the models global banks use to calculate how much capital to hold. Hosted on Acast. See acast.com/privacy for more information.

In this week’s podcast FT banking correspondents discuss the naming of some former Barclays chiefs in a Libor court case, the lack of regulatory co-ordination on 'living wills' and repayments by European banks of cheap ECB funding Hosted on Acast. See acast.com/privacy for more information.

FT banking correspondents discuss Wall Street banks’ latest results, British lenders’ calling for a deadline for claims over the misselling of Payment Protection Insurance and the effects of a change in capital rules will have on lending to the property industry. Hosted on Acast. See acast.com/privacy for more information.

In this week’s podcast the banking team discuss the possibility that Goldman Sachs might delay paying its UK bonuses until the start of the new tax year, when the top rate of income tax drops from 50 to 45 per cent. They also look at RBS considering recouping half of its imminent libor fine from its 2012 bonus pool, and UBS chiefs giving evidence to the Parliamentary Commission on Banking Standards Hosted on Acast. See acast.com/privacy for more information.

Why the loosening of the new global liquidity standards has given a lift to European banks, private equity firms take a bet of UK retail banks, and what should be the role of banks in classroom-based financial education? Hosted on Acast. See acast.com/privacy for more information.

This week Brooke Masters is joined by US banking editor Tom Braithwaite, James Shotter, Switzerland and Austria correspondent, and insurance correspondent Alistair Gray to talk about the call by US banks for an easing of the Basel III liquidity requirements as the Federal Reserve starts a new round of stress tests. Also discussed are recent developments in the Libor scandal and whether insurance companies should face the same kinds of regulation as giant banks and be designated as global systemically important financial institutions or GSifis Hosted on Acast. See acast.com/privacy for more information.

After Standard Chartered's announcement that it will pay an additional $330m to resolve investigations into US sanction breaches and a deal expected from UBS in the next few weeks over the Libor scandal, the banking team asks why lenders are rushing to reach settlements with regulators. They also discuss the consequences for Deutsche Bank after it emerged that three former employees told regulatory authorities that the bank hid up to $12bn of paper losses during the financial crisis. Hosted on Acast. See acast.com/privacy for more information.

The announcement that Mark Carney will take over as the governor of the Bank of England next year came as a surprise to many. But what does the market think of his appointment and will he change his executive team? Also discussed are the latest developments in the libor scandal as Deutsche Bank provisions for a potential settlement, and concerns from the Bank of Tokyo-Mitsubishi’s chief executive over the state of Japanese government bond investments Hosted on Acast. See acast.com/privacy for more information.

The announcement that Mark Carney will take over as the governor of the Bank of England next year came as a surprise to many. But what does the market think of his appointment and will he change his executive team? Also discussed are the latest developments in the libor scandal as Deutsche Bank provisions for a potential settlement, and concerns from the Bank of Tokyo-Mitsubishi’s chief executive over the state of Japanese government bond investments Hosted on Acast. See acast.com/privacy for more information.

It's good news for RBS as private equity groups including AnaCap Financial and JC Flowers join Virgin Money and Nationwide in expressing interest in the lender's 316 branches, following the collapse of a deal with Santander in October. The banking team also discuss whether Barclays will follow the lead of UBS in winding down its global investment operations, following pressure from the bank's biggest investors. Hosted on Acast. See acast.com/privacy for more information.

As scandal after scandal hits lenders, the banking team talk about the Financial Services Authority's warning to banks operating in London that they must reduce bonus payouts. Also under discussion are proposals by the Financial Stability Board to tackle shadow banking, an industry worth half the size of the global banking sector. Hosted on Acast. See acast.com/privacy for more information.

As Goldman Sachs joins a plethora of lenders including HSBC and Barclays that face renewed scrutiny over rule breaches, the banking team talk about the impact of legacy issues on banks. Also under discussion are radical proposals by Hermes to scrape annual bonuses and Commerzbank’s decision to repay €10bn of ECB loans early. Hosted on Acast. See acast.com/privacy for more information.

This week the team discuss payment protection insurance as the bill for mis-selling the product tops £11bn for UK banks. Also under discussion are Sifi surcharges, the amount of extra capital that certain banks need to hold, after the Financial Stability Board published an updated list of "global systemically important financial institutions", and whether being on the list could be a good thing for lenders. Hosted on Acast. See acast.com/privacy for more information.

This week the team discuss payment protection insurance as the bill for mis-selling the product tops £11bn for UK banks. Also under discussion are Sifi surcharges, the amount of extra capital that certain banks need to hold, after the Financial Stability Board published an updated list of "global systemically important financial institutions", and whether being on the list could be a good thing for lenders. Hosted on Acast. See acast.com/privacy for more information.

This week the banking team discuss UBS's move to split its investment unit and whether other banks will take similar decisive action as they come under regulatory and cost-saving pressures. Also under discussion is Lloyds' scheme to scrap incentives linked to product sales, as UK lenders face renewed scrutiny following mis-selling scandals. Hosted on Acast. See acast.com/privacy for more information.

Following Vikram Pandit’s surprise resignation from Citigroup, the banking team analyses events leading up to the chief executive’s departure and whether his replacement, Mike Corbat, is what the troubled group needs. Also under discussion are plans by Lloyds to reform its remuneration structure by ditching annual bonuses, as the bank attempts to appease the government, shareholders and the public. Hosted on Acast. See acast.com/privacy for more information.