2 min listen
Qatari money for Deutsche rights issue, Credit Suisse close to tax avoidance plea and new standards council for UK banks
Qatari money for Deutsche rights issue, Credit Suisse close to tax avoidance plea and new standards council for UK banks
ratings:
Length:
1 minute
Released:
May 19, 2014
Format:
Podcast episode
Description
Patrick Jenkins is joined by Daniel Schäfer, investment banking correspondent, for news of Deutsche Bank, whose new €8bn rights issue is set to include €1.75bn from the Qatari royal family in a move that goes against co-CEO Anshu Jain's stated aim of steering clear of outside capital. Martin Arnold, banking editor, joins Daniel to discuss Credit Suisse, which is facing both monetary and criminal punishments over charges that it facilitated US tax avoidance. Senior Swiss politicians have also weighed in, calling for the resignation of CEO Brady Dougan and Chairman Urs Rohner. Finally, Sharlene Goff, retail banking correspondent, reports on Sir Richard Lambert's recommendation of a new standards council to monitor UK banks' behaviour, including their relationships with SMEs and handling of whistleblowers For information regarding your data privacy, visit acast.com/privacy
Released:
May 19, 2014
Format:
Podcast episode
Titles in the series (100)
High-street banks, bail-out funds, stress tests and EU regulations: In this week's podcast: We take a look at the new high street bank to be launched, backed by some high-profile individuals; we turn our attention to the suggestion by Alessandro Profumo, chief executive of Italy’s UniCredit, that there should be a... by FT Banking Weekly