Double standards at Barclays, Forex furore, and Lloyds cry foul at ringfencing

Double standards at Barclays, Forex furore, and Lloyds cry foul at ringfencing

Author: Financial Times February 17, 2014 Duration: 1:05
Martin Arnold, banking editor, is joined by Sharlene Goff to dissect diverging fortunes of Barclays and its staff, where pay has far oustripped performance. Daniel Schäfer has new insight into the methods used by traders at banks embroiled in the Forex scandal, and Sam Fleming explains why Lloyds is hot under the collar over proposed ringfencing measures

Hosted on Acast. See acast.com/privacy for more information.


Every Friday, the FT Banking Weekly team gathers to unpack the complex forces reshaping finance. This isn't just a headlines recap; it's a deep, analytical conversation from the journalists who broke many of the stories themselves. You'll hear the Financial Times' expert banking correspondents debating the implications of regulatory shifts, major mergers, market tremors, and the political decisions that ripple through boardrooms and trading floors worldwide. Each episode provides essential context, cutting through the jargon to explain what these developments truly mean for the industry and the broader economy. The discussion is grounded in the FT's rigorous reporting, offering a level of insight you won't find elsewhere. For anyone with a professional or keen personal interest in finance, this podcast serves as an indispensable weekly briefing. It’s the kind of informed, forward-looking analysis that helps you understand not just what happened, but why it matters and what might come next. The tone is conversational yet authoritative, reflecting the decades of combined expertise in the room. Tune in to stay ahead of the curve in a sector where change is the only constant.
Author: Language: English Episodes: 100

FT Banking Weekly
Podcast Episodes
Scandals continue to plague banks [not-audio_url] [/not-audio_url]

Duration: 1:05
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…
When will PPI pain end? [not-audio_url] [/not-audio_url]

Duration: 12:21
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 h…
When will PPI pain end? [not-audio_url] [/not-audio_url]

Duration: 12:21
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 h…
Will UBS's restructuring plans work? [not-audio_url] [/not-audio_url]

Duration: 1:05
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 Lloyd…
What now for Citigroup? [not-audio_url] [/not-audio_url]

Duration: 14:23
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. Al…
Will third-quarter results be a blessing for US banks? [not-audio_url] [/not-audio_url]

Duration: 12:13
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…
UK banks retreat from interest-only mortgages [not-audio_url] [/not-audio_url]

Duration: 10:44
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…
Pressure on Spanish banks [not-audio_url] [/not-audio_url]

Duration: 12:54
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 confidenc…
SocGen focuses on Russia and Romania [not-audio_url] [/not-audio_url]

Duration: 12:24
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…
China Construction Bank targets Europe [not-audio_url] [/not-audio_url]

Duration: 13:22
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 th…