JPMorgan’s woes, executive tragedy at Zurich and a loss for the Co-op

JPMorgan’s woes, executive tragedy at Zurich and a loss for the Co-op

Author: Financial Times September 2, 2013 Duration: 1:14
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

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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.
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