
FT Banking Weekly
456 episodes — Page 8 of 10

Will third-quarter results be a blessing for US banks?
This week the banking team ask whether strong third-quarter results from JP Morgan and Wells Fargo bode well for other US banks and the implications of the FSA's decision to loosen capital and liquidity rules for lenders. Alistair Gray, insurance correspondent, and Sharlene Goff, retail banking correspondent, also discuss RBS' future after its deal to sell more than 300 branches to Santander collapsed. Hosted on Acast. See acast.com/privacy for more information.

UK banks retreat from interest-only mortgages
This week the team is joined by Elaine Moore, deputy personal finance editor, to discuss Nationwide Building Society’s decision to stop offering interest-only mortgages to new borrowers. Also, what is the significance of plans by James Gorman, Morgan Stanley’s chief executive, to sacrifice staff and reduce bonuses, and how has the banking sector reacted to recommendations of the Liikanen report? Hosted on Acast. See acast.com/privacy for more information.

Pressure on Spanish banks
This week the team look at the Spanish banking system, after a recent report into the country’s 14 largest lenders found they could need up to €60bn in new capital. But are recent stress-tests enough to restore confidence? They also discuss JPMorgan’s recent deal that saw it snap up three quarters of the first European commercial mortgage bond launched since the financial crisis and regulatory pressures on the banking sector Hosted on Acast. See acast.com/privacy for more information.

SocGen focuses on Russia and Romania
This week the Banking team are joined by Paris correspondent Scheherazade Daneshkhu to discuss Société Générale's plans to boost profits in Russia and Romania by the end of next year. They also look at Standard Chartered's signing of a $340m settlement to resolve allegations it violated US sanctions on Iran and they debate what the future holds for London, as strict enforcement of new EU regulation begins to push debt deals away from the City. Hosted on Acast. See acast.com/privacy for more information.

China Construction Bank targets Europe
As Chinese businesses do more deals in Europe, its big banks are starting to look at potential acquisitions in Europe, why former HBOS banker Peter Cummings was singled out personally by the regulator and the trial of the former UBS’s trader Kweku Adoboli accused of causing the largest unauthorised trading loss in British history gets underway. Hosted on Acast. See acast.com/privacy for more information.

Restructuring banks, Libor and European banking regulation
Is there a new round of job cuts looming at Europe’s banks? The FT’s banking team also looks at the latest in the Libor rate fixing scandal and with a month to go until the Liikanen review is due to be completed whether a consensus is emerging that Europe’s big banks could be forced to ringfence trading assets. Hosted on Acast. See acast.com/privacy for more information.

A new CEO for Barclays
This week the banking team discuss the swift appointment of internal candidate Antony Jenkins as the new chief executive of Barclays. Alistair Gray, insurance correspondent joins to talk about RBS floating Direct Line and the team look into the possibility that banking liquidity rules could be softened. Hosted on Acast. See acast.com/privacy for more information.

What next for Standard Chartered?
This week the banking team analyse Standard Chartered's decision to pay a settlement of $340m to a New York regulator related to its handling of payments to Iran. But with other regulators still circling, will the bank face further fines? They also discuss HSBC's dealings with Iran and Syria and the latest on the Libor scandal Hosted on Acast. See acast.com/privacy for more information.

StanChart pushes for a settlement
This week the banking team is joined by Anousha Sakoui, the FT’s M&A correspondent, to discuss the latest developments in the Standard Chartered scandal, as the bank pushes for a settlement against allegations from US regulators that it breached Iranian sanctions. Also under consideration are Julius Baer’s proposed purchase of Merrill Lynch’s overseas wealth management arm and the challenges facing Sir David Walker in his new role as Barclays chairman Hosted on Acast. See acast.com/privacy for more information.

Standard Chartered storm
This week the banking team discusses the Standard Chartered scandal as New York state’s financial watchdog accuses the bank of hiding $250bn of transactions with Iran. Also under the spotlight are RBS’s latest results and the debate over whether the bank should be fully nationalised, plus refunds of mis-sold payment protection insurance boosting Britain’s stuttering economy Hosted on Acast. See acast.com/privacy for more information.

Difficult times ahead for European banks?
This week Patrick Jenkins is joined by Sharlene Goff and James Shotter in Frankfurt to discuss UBS’ profits falling short of expectations, HSBC setting aside $2bn to cover fines and what next for Nomura after its top management were purged Hosted on Acast. See acast.com/privacy for more information.

The libor scandal: rate probe turns to other European banks
This week the team discuss the ongoing libor scandal and its implications for the next governor of the Bank of England, capital raising at Credit Suisse and banking competition in the UK - can smaller banks such as the Co-operative, Metro and M&S draw custom away from their bigger counterparts?Presented by Sharlene Goff, with Brooke Masters, Jennifer Thompson and Vinjeru Mkandawire Hosted on Acast. See acast.com/privacy for more information.

Raising the bar for banks’ capital requirements in Europe
This week the banking team discusses the European Banking Authority’s announcement that the 9 per cent temporary capital ratio required for lenders is to become permanent, HSBC’s probe over money-laundering claims, plus the latest on the Libor scandal - where are we now?Presented by Patrick Jenkins, with Brooke Masters and Sharlene Goff. Hosted on Acast. See acast.com/privacy for more information.

Raising the bar for banks’ capital requirements in Europe
This week the banking team discusses the European Banking Authority’s announcement that the 9 per cent temporary capital ratio required for lenders is to become permanent, HSBC’s probe over money-laundering claims, plus the latest on the Libor scandal - where are we now?Presented by Patrick Jenkins, with Brooke Masters and Sharlene Goff. Hosted on Acast. See acast.com/privacy for more information.

The fallout from the Libor scandal, capping bonuses and Spanish banks
This week, the banking team assess how the Libor scandal led to three key resignations at Barclays – and what happens next, the prospects of the European Union capping banking bonuses, and the look at a crucial week ahead for Spanish banks. Presented by banking editor Patrick Jenkins, with Sharlene Goff, Brooke Masters and Miles Johnson. Hosted on Acast. See acast.com/privacy for more information.

Barclays and the wider Libor scandal
As Barclays is in engulfed by a firestorm of negative publicity following revelations its investment banking arm tried to manipulate Libor, the banking team discuss at whether Bob Diamond can survive as CEO, the prospects of other banks settling with the investigators and whether the trend for investment bankers to rise to the top jobs in global banks is reversing. We also take a look at the latest on Lloyds proposed sale of 630 branches to the Co-op.Presented by banking editor Patrick Jenkins, with Sharlene Goff, Daniel Schaefer and Brooke Masters Hosted on Acast. See acast.com/privacy for more information.

Activist hedge fund puts pressure on Lloyds
This week the banking team discuss The Children’s Investment Fund’s request for a £10bn Lloyds ‘coco’ conversion, Moody’s downgrade of 15 global banks, the state of the Spanish banking system and the continuing rise of bankers’ payPatrick Jenkins is joined by Sharlene Goff, Daniel Schaefer and Jamie Chisholm in the studio and Victor Mallet down the line from Madrid Hosted on Acast. See acast.com/privacy for more information.

George Osborne's latest plans for UK bank regulation
In this week’s podcast the banking team discuss George Osborne’s latest plans to tweak regulation of the banking industry, the problems facing Credit Suisse and the latest on free banking – should consumers pay a monthly fee for their current accounts? Hosted on Acast. See acast.com/privacy for more information.

The Spanish bailout, RBS and Scottish independence and the issue of dividends versus pay
The banking team discuss the bailout of Spanish banks and are joined by special guest Hamish Patrick of Tods Murray solicitors to talk about RBS and the ramifications of Scottish independence on the bank. They also discuss the issue of dividends and pay and the battle between shareholders and bank staff.Presented by Patrick Jenkins, with Sharlene Goff, Daniel Schäfer, David Oakley and Hamish Patrick. Produced by Katie Carnie Hosted on Acast. See acast.com/privacy for more information.

Bankia’s bailout, free retail banking and cost cutting in investment banks
The wider implications of the bailout of Spain’s second biggest bank, is it the end of the road for free banking in the UK, and are investment banks really cost cutting? Presented by Patrick Jenkins, with Sharlene Goff, Daniel Schäfer and Brooke Masters Hosted on Acast. See acast.com/privacy for more information.

Bank of England's response to the financial crisis in the spotlight
This week the banking team discuss the FSA's ban and fines on ex-UBS advisers, Barclays' plans to sell its entire stake in the US fund manager Blackrock and the shock news that there will be an investigation in to the Bank of England's handling of the 2008 crisis Hosted on Acast. See acast.com/privacy for more information.

How to restore confidence in Spanish banks
This week the banking team is joined by Miles Johnson in Madrid to talk about the impact of the eurozone crisis on Spain and Greece, the specialist treasury operation at JPMorgan that lost $2bn, and Canary Wharf, the 'new' financial centre which is set to overtake the City of London as the biggest banking hub in Europe.Presented by Patrick Jenkins, with Sharlene Goff, Daniel Schäfer and Miles Johnson.Produced by Katie Carnie Hosted on Acast. See acast.com/privacy for more information.

HSBC’s results, Spanish Banks and Wonga’s move into small business lending
This week the FT’s banking team discuss HSBC’s latest results, the potential bail-out of Spanish bank Bankia and its broader implications for the eurozone and Wonga, the online lender who is to move in to small business lendingPresented by Brooke Masters, with Patrick Jenkins, Sharlene Goff and Daniel Schäfer.Produced by Katie Carnie Hosted on Acast. See acast.com/privacy for more information.

How will the money be shared? Investors hit back at the banks
This week the FT's banking team discuss Credit Suisse and Deutsche Bank's results, the groundswell of opposition towards high bankers pay from investors, and Lloyd's attempts to sell 600 of its branches.Presented by Patrick Jenkins, with Sharlene Goff and Daniel Schäfer.Produced by Katie Carnie Hosted on Acast. See acast.com/privacy for more information.

Who will be Governor of the Bank of England?
The banking team discuss the likely candidates to take over from Mervyn King as Governor of the Bank of England, the forthcoming Barclays AGM and the BTG Pactual IPO. They also look at recent US banking results and how they will affect their European peers. Hosted on Acast. See acast.com/privacy for more information.

JPMorgan's results, the problems facing Spanish banks and proposed EU caps on bankers' bonuses
This week the FT's banking team discuss JPMorgan's results and what they mean for other US banks reporting this week, the problems facing Spain and the broader Iberian banking market, and the latest from the EU parliament and its moves to restrict pay and bankers' bonuses.Presented by Patrick Jenkins, with Brooke Masters and Daniel Schäfer. Produced by Katie Carnie. Hosted on Acast. See acast.com/privacy for more information.

Abu Dhabi shows interest in RBS, Angela Knight steps down from the BBA and banks plan to repay the ECB early
The banking team discuss the possibility of Abu Dhabi investing £10bn in RBS. They also talk about Angela Knight's decision to step down as chief executive of the British Bankers' Association and the plans from big banks, including UniCredit, BNP Paribas, Société Générale and La Caixa, to pay back up to a third of the money they borrowed from the ECB. Presented by Brooke Masters, with Sharlene Goff and Daniel SchäferProduced by Amie Tsang Hosted on Acast. See acast.com/privacy for more information.

Andrea Orcel appointed at UBS, investment bank balance sheets to shrink, and Coutts faces fine
The FT banking team discuss the appointment of Andrea Orcel at UBS, the latest predictions of the shrinkage of the investment banking sector, and why Coutts has been fined by the FSA. Hosted on Acast. See acast.com/privacy for more information.

The national loan guarantee scheme, Hector Sants leaving the FSA and a departing shot from a Goldman Sachs banker
This week the banking team discuss the prospect of the UK government's national loan guarantee scheme. They also talk about Hector Sants stepping down from his position as chief executive of the Financial Services Authority and the scathing attack launched by a Goldman Sachs banker on his employer in the New York Times. Presented by Patrick Jenkins, with Sharlene Goff, Brooke Masters and Daniel SchäferProduced by Amie Tsang Hosted on Acast. See acast.com/privacy for more information.

A Greek debt swap, a change in Deutsche Bank's management and Bob Diamond's tax bill
The banking team are joined by special guest Sony Kapoor, manager and director of think-tank Re-Define, to talk about Greece. They also take a look at the change in management at Deutsche Bank and Barclays' payment of Bob Diamond's tax bill.Presented by Patrick Jenkins, with Daniel Schäfer, Sharlene Goff and Sony Kapoor. Produced by Amie Tsang Hosted on Acast. See acast.com/privacy for more information.

Greece, LTROs, "highly abusive" tax schemes and living wills
The banking team discuss the critical week ahead for Greece and wonder if the LTRO has provided a false sense of security. They also take a look at the Barclays tax schemes that the UK government legislated against, and how the world's largest banks are still a long way from completing the "living wills" that spell out how they will be stabilised or shut down. Presented by Patrick Jenkins, with Richard Milne, Brooke Masters and Sharlene Goff. Produced by Amie Tsang Hosted on Acast. See acast.com/privacy for more information.

Results from HSBC and LLoyds, and how negotiations in Greece affect European banks
The banking team discuss HSBC's decision to award its chief executive £5.9m in bonuses and longer-term incentives for 2011. They also review the latest results from UK banks and talk to Richard Milne, capital markets editor, about how the negotiations in Greece have affected European banks. Presented by Patrick Jenkins, with Richard Milne and Sharlene Goff. Produced by Amie Tsang Hosted on Acast. See acast.com/privacy for more information.

Lloyds' decision to take back bonuses in response to the mis-selling of loan insurance, its effect on upcoming results, and the ongoing Libor inquiry
This week the banking team discuss Lloyds Banking Group's retrospective decision to take back a chunk of bonuses previously awarded to senior executives in response to the mis-selling of payment protection insurance. They also talk about how this will affect upcoming results, and discuss the latest developments in the Libor inquiry. Presented by Patrick Jenkins, with Megan Murphy, Sharlene Goff and Brooke Masters. Produced by Amie Tsang Hosted on Acast. See acast.com/privacy for more information.

The Libor investigation and Barclays' bonuses
The FT's Sharlene Goff and Megan Murphy discuss the significance of the multinational regulatory investigation into alleged manipulation of Libor, and how to interpret the changing size of Barclay's bonus pool Hosted on Acast. See acast.com/privacy for more information.

How bonuses will be affected by RBS and upcoming bank earnings, and the European Banking Authority
The banking team take a look at Stephen Hester's decision to waive his bonus and what that might mean for future bonuses. They also discuss upcoming UK and Swiss bank earnings and the EBA reaction to bank capital models. Presented by Megan Murphy, with Sharlene Goff. Produced by Amie Tsang Hosted on Acast. See acast.com/privacy for more information.

Stephen Hester's bonus, the World Economic Forum and worldwide financial regulation
This week the banking team are joined by special guest, Patricia Jackson, partner and head of financial regulatory advice at Ernst & Young, to talk about Stephen Hester's decision to give up his bonus. They also discuss Mario Draghi being praised at the World Economic Forum in Davos, for making the ECB LTRO available, and how financial regulation might stymie the real economy. Presented by Patrick Jenkins, with Patricia Jackson, Brooke Masters and Sharlene Goff. Produced by Amie Tsang Hosted on Acast. See acast.com/privacy for more information.

Global bank capital rules, FSA pressure on banks' bonus pools and US bank earnings
This week the banking team talk about France and Germany's efforts to get global bank capital requirements relaxed. They also discuss the Financial Service Authority pressure on banks to cut bonus pools to reflect huge losses triggered by mis-sold loan insurance, and the reports on US bank earnings. Presented by Patrick Jenkins, with Brooke Masters and Megan Murphy.Produced by Amie Tsang Hosted on Acast. See acast.com/privacy for more information.

UK bankers' bonuses, the Financial Stability Board's plans to rein in shadow banking and a break down in Greek negotiations
This week the banking team discusses the increased pressure on bankers to limit their bonuses after António Horta-Osório waived his entitlement to a bonus for last year. They also take a look at the Financial Stability Board's plans to restructure the financial services industry and the deadlock in negotiations in Greece over the size of the losses to be taken by banks and bondholders. Presented by Sharlene Goff, with Megan Murphy and Brooke Masters.Produced by Amie Tsang Hosted on Acast. See acast.com/privacy for more information.

RBS scales back its investment bank but keeps its bonuses, the latest from Basel and UniCredit's rights issue
This week the banking team discuss what looks to be the most contentious bonus round since the financial crisis, the latest announcement from Basel about liquidity buffers and UniCredit's rights issue, which sent its shares tumbling. Presented by Patrick Jenkins, with Sharlene Goff and Brooke Masters.Produced by Amie Tsang Hosted on Acast. See acast.com/privacy for more information.

The Vickers report, compliance at UBS and António Horta-Osório's return
The banking team discuss the government response to Sir John Vickers' report, the questions raised by a series of cases against former members of the "Asia II" wealth management desk at UBS and the announcement that António Horta-Osório, chief executive of Lloyds Banking Group, will be returning in January. Presented by Brooke Masters,with Sharlene Goff and Megan Murphy. Produced by Amie Tsang Hosted on Acast. See acast.com/privacy for more information.

The FSA's damning RBS report, European stress tests, and what Cameron's veto means for the City
Patrick Jenkins, Sharlene Goff and Megan Murphy discuss the FSA’s long-awaited report into the failure of Royal Bank of Scotland, the European Banking Authority’s latest stress test results, and at what the UK’s EU treaty veto really means for the City of London. Hosted on Acast. See acast.com/privacy for more information.

Bankers' bonuses, liquidity issues in the eurozone and a fine for mis-selling at HSBC
Bankers' bonuses are still a contentious issue, causing a furore even among shareholders. Also this week, signs that banks are struggling to borrow on the interbank markets and HSBC is hit with the UK’s largest ever retail fine of £10.5m for mis-selling care bonds. Presented by Patrick Jenkins,with Megan Murphy, Sharlene Goff and Brooke Masters. Produced by Amie Tsang Hosted on Acast. See acast.com/privacy for more information.

The UK chancellor's autumn statement and funding problems at European banks
Ahead of George Osborne's autumn statement, the Banking Weekly team discuss his plans for the government to underwrite loans for small and medium sized companies. Also this week, European banks face a struggle to raise capital to meet the new nine per cent core tier 1 capital ratio put forward by banking authorities. Presented by Brooke Masters, with Patrick Jenkins, Sharlene Goff and Tracy Alloway. Produced by Emily Cadman Hosted on Acast. See acast.com/privacy for more information.

Management turmoil at Lloyds, Northern Rock's return to the private sector and UBS's bonus pool
The management turmoil at Lloyds after high-profile hire Nathan Bostock, who was due to take charge of the bank’s wholesale division decided to stay on at the Royal Bank of Scotland. Also this week, the banking team take a look at nationalised lender Northern Rock’s return to the private sector and new UBS CEO Sergio Ermotti’s decision to cut some of UBS’s bonus pool in order to recoup some of the money lost in the alleged rogue trading scandal. Presented by Patrick Jenkins, with Sharlene Goff and Brooke Masters. Produced by Emily Cadman Hosted on Acast. See acast.com/privacy for more information.

Risk-weighted assets, valuing bank debt, and Italy and the Eurozone crisis
Risk-weighted assets and how banks are trying to optimise their risk weightings. How banks account for the valuation of their own debt, which has been a big boost for to some banks’ quarterly profits. Also: Italy and how banks are coping with the eurozone crisis. Hosted on Acast. See acast.com/privacy for more information.

António Horta-Osório’s break from Lloyds, the MF Global collapse and Bob Diamond’s cuddly bankers
In this week’s show: Lloyd’s faces a vacuum at the top as its chief executive takes a leave of absence on medical grounds, MF Global’s collapse has worrying echoes of Lehman Brothers and are bankers fulfilling their role in society? Presented by Megan Murphy, with Sharlene Goff. Produced by Amie Tsang. Hosted on Acast. See acast.com/privacy for more information.

Barclays’ results, shadow banking regulation and the eurozone deal
In this week’s show: what Barclays results signify for the rest of the UK banking sector, now that investors have seen the details, how are the markets reacting to the eurozone rescue package, and how are regulators going to monitor shadow banking? Presented by Patrick Jenkins, with Brooke Masters and Sharlene Goff. Produced by Emily Cadman. Hosted on Acast. See acast.com/privacy for more information.

Selling Lloyds’ branches, entering the earnings season and bank recapitalisation
In this week’s show: The lacklustre interest in Lloyds branch portfolio from the private sector, what third-quarter investment bank results tell us about the health of the sector, and the options for recapitalising Europe’s banks. Presented by Megan Murphy with Sharlene Goff. Produced by Emily Cadman. Hosted on Acast. See acast.com/privacy for more information.

Greece haircuts, Northern Rock bidders and the banking results season
In this week’s show: prospects for a renegotiation of the private sector’s role in bailing out Greece, the bidding process for Northern Rock and what JPMorgan’s results signify for the wider investment banking sector.Presented by Brooke Masters, with Megan Murphy and Sharlene Goff. Produced by Emily Cadman Hosted on Acast. See acast.com/privacy for more information.

Expanding the European Financial Stability Facility
In this week's show: why Slovakia could yet throw a spanner in the works of plans to expand the eurozone’s bail-out fund, the European Financial Stability Facility or EFSF, and why the Basel committee are determined to press ahead with plans to force banks to hold more liquid assets, despite lobbying to the contrary. Presented by Patrick Jenkins with Megan Murphy.Produced by Emily Cadman Hosted on Acast. See acast.com/privacy for more information.