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Germany moves to unblock eurozone banking union

Patrick Jenkins and guests discuss Germany's concession that could unblock progress towards a eurozone banking union, investor moves against Deutsche Bank chairman Paul Achkleitner, and what's behind the recent spate of personnel changes in investment banking. With special guest Lorenzo Bini Smaghi, chairman of Société Générale.


Contributors: Patrick Jenkins, financial editor, Martin Arnold, Frankfurt bureau chief, Olaf Storbeck, Frankfurt correspondent, Jonathan Guthrie, Lex editor, David Crow, banking editor, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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bank

Google eyes Citigroup for new banking venture

Patrick Jenkins and guests discuss Google's move towards banking that could see it team up with Citigroup, why Australia's big four are facing difficult times and what's in the report on TSB's software failure last year. With special guest Masha Cilliers, Specialist Payments Partner at Be.


Contributors: Patrick Jenkins, financial editor, Tim Bradshaw, global tech correspondent, Robert Armstrong, chief editorial writer, Jamie Smyth, Australia correspondent and Nicholas Megaw, retail banking correspondent. Producers: Persis Love and Aimee Keane.

 

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bank

Outlook for German banks

Patrick Jenkins and guests discuss the health of German banks in the wake of bearish comments from Moody's and the Bundesbank, Unicredit's potential share buyback and why European banks appear to be retrenching in the US. With special guest Magdalena Stoklosa head of European banks research at Morgan Stanley.


Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Olaf Storbeck, Frankfurt correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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bank

Risks mount in European banks, EBA warns

Patrick Jenkins and guests discuss the EBA report on mounting risk in the European banking system, Goldman Sachs’ first ever investment day and why the pensions of UK banking CEOs are being cut. With special guest Mario Quagliariello, director of economic analysis at the European Banking Authority.


Contributors: Patrick Jenkins, financial editor, Caroline Binham, financial regulation correspondent, Stephen Morris, European banking correspondent, Nick Megaw, retail banking correspondent and Laura Noonan, US banking editor. Producer: Persis Love

 

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bank

Bank capital rules, peer-to-peer lenders and Goldman for the masses

Patrick Jenkins and guests discuss whether regulators are easing up on bank capital rules, tough times for UK peer-to-peer lenders, and why Goldman Sachs is planning to bring wealth management to the masses. With special guest Harald Benink, professor of banking and finance at Tilburg University in the Netherlands.


Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Nicholas Megaw, retail banking correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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bank

Davos News, Bank of America outlook and JPMorgan's shift towards Paris

Patrick Jenkins and guests discuss the latest from the World Economic Forum in Davos, the outlook for Bank of America, and JPMorgan Chase's decision to buy a second office in Paris. With special guest Brian Moynihan, chief executive of Bank of America. 


Contributors: Patrick Jenkins, financial editor, David Crow, banking editor, Laura Noonan, US banking editor, and Stephen Morris, European banking correspondent. Producer: Fiona Symon

 

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bank

Goldman's tech tie-ups, DBank's turnaround and bankers' misconduct

Matthew Vincent and colleagues discuss Goldman Sachs and Amazon - another big tech tie-up for the Wall Street name, Deutsche Bank's profit targets, and what a case of stealing from a workplace canteen tells us about the current climate for ethics and compliance in banking. With special guest Russell Quelch of Redburn, the equity research house.


Contributors: Matthew Vincent, regulation correspondent, Stephen Morris, European banking correspondent, Robert Smith, capital markets correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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bank

European banks' game of thrones

Matthew Vincent and colleagues discuss the hunt for new chief executives among Europe's top banks and JPMorgan's plans to launch a digital bank in the UK. With special guest Sir Mike Rake, former CBI president, and former deputy chairman of Barclays.


Contributors: Matthew Vincent, regulation correspondent, David Crow, banking editor, Stephen Morris, European banking editor, and Nicholas Megaw, retail banking correspondent. Producer: Fiona Symon

 

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bank

A Banksy in the boardroom: Peter Aspden on corporate collections

Businesses like buying contemporary art to show off their forward-thinking and investment savvy. Fair enough – but it still sits oddly with artists’ desire to provoke and subvert  


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bank

Outrage sells: Peter Aspden on Banksy and Bond Street

As Sotheby’s prepares for a selling exhibition of the street artist’s work the FT’s arts writer reflects on shock culture – and the art market’s appetite for it.  


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bank

'Facebank', financial scams and shareholder rights

Facebook plans to shake up the finance world with a new digital currency called Libra - we hear about its pros and cons. Next up, we discover what Moll Flanders, the literary anti-heroine, can tell us about modern day bank fraud. And finally we find out how smaller shareholders can stand up for their rights. 

 

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bank

Do you have a joint bank account with your partner?

As research shows modern couples are more likely to keep their finances separate, presenter Claer Barrett and guests debate how women in particular are managing their money. Plus, ahead of the new university term we reveal finance tips for students and their parents, and ask what could emerge as the next consumer misselling scandal after PPI.

 

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bank

South Africa’s central bank slashes rates to post-apartheid low

Reduction is second in under a month as country braces for an extended coronavirus lockdown




bank

Default at South Africa’s Land Bank increases pressure on Ramaphosa

Century-old agriculture lender is latest state group in need of government support




bank

SoftBank warns of $9.6bn investment losses due to coronavirus

Pandemic puts more pressure on Masayoshi Son’s bet on beleaguered WeWork




bank

Neumann accuses SoftBank of abuse of power over WeWork deal

Office group founder files lawsuit over largest investor’s decision to pull out of $3bn tender offer




bank

Dark Towers — an exposé of banking gone bad

David Enrich’s salutary tale of Deutsche Bank’s overreaching ambitions




bank

Argentina’s central bank chief warns on market outlook

Guido Sandleris says it is ‘too soon’ to declare that stability has returned to peso




bank

Central banks prop up fund industry with $100bn injection

Fitch says scale of support points to the systemic importance of $55tn asset management market




bank

Bleak outlook for bankers as trading jobs slashed

Falling interest rates, weak trading volumes and automation have led to an exceptionally brutal summer for global investment banks, which have shed tens of thousands of jobs, particularly on trading desks. Stephen Morris, European banking correspondent, discusses the bleak outlook for bankers with Robert Armstrong, US financial editor.


Contributors: Stephen Morris, European banking correspondent, and Robert Armstrong, US financial editor. Producer: Fiona Symon

 

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bank

Bank of Canada names Tiff Macklem as its next chief

Former deputy set to take over as country faces sharpest economic contraction in decades




bank

Lockdown eases, central banks, oil, pharma and tech earnings

Start every week on the front foot with a preview of what’s on the global agenda




bank

Swiss central bank suffers record loss in market rout

First-quarter volatility deals $39bn blow to SNB as it steps up fight for Swiss franc




bank

Will the Bank of England announce more QE?

Market Questions is the FT’s guide to the week ahead




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Swiss National Bank’s swollen balance-sheet poses risk to ‘credibility’

Analysts fear unintended consequences of central bank’s vast foreign-currency holdings




bank

Pandemic is putting banks’ resilience to the test

Regulators must ensure that lenders’ defences are sufficiently robust




bank

Bankrupt Lebanon’s turn to IMF is overdue

A bailout is the Mediterranean country’s only option to refloat its sinking economy




bank

Central banks ‘hesitant’ on digital currencies, says ex-governor

Christian Noyer believes projects available to consumers are a way off yet




bank

Banks fear Ion/Broadway deal will push up forex fees

Acquisition allows group to build bigger share of the $6.6tn-a-day market




bank

Banks press exchanges for virus contingency plans

Industry associations demand detail to manage risk of trading from home




bank

Neiman Marcus creditor eyes online business in bankruptcy fight

Hedge fund calls for court investigation into 2018 transfer of MyTheresa




bank

Gupta completes acquisition of bankrupt Indian steelmaker

Business tycoon’s GFG Alliance makes first foray into fast-growing market after long court battle




bank

Whether they raise or hold, central bankers are due a fall

In future it may have to be budget stimulus that rides to the rescue




bank

South African Airways seeks bankruptcy protection

First state company to enter business rescue since end of apartheid




bank

Vodafone targets Africa’s unbanked with plans for M-Pesa

Telecoms group seeks to turn mobile payments unit into provider of wider services




bank

Portuguese banker named in dos Santos probe found dead

Suspected suicide comes as Angolan billionaire indicted for money laundering




bank

SoftBank: back to buybacks

Japanese tech group’s splurge on its own shares is not enough to impress investors




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SoftBank: money gobbler

The Japanese tech investment group is looking increasingly challenged




bank

Non-bank lenders push for access to emergency state funding

Lobby groups led by UK Finance warn there is likelihood of ‘severe’ impact to borrowers




bank

UK housing market put on hold after plea from banks

Coronavirus lockdown hits lenders’ ability to offer mortgages and evaluate properties




bank

Banks say Fed rescue threatens mortgage hedging strategies 

Regulatory action sought to prevent intervention from having unintended consequences




bank

Bank of Mum and Dad enters the bailout business

As young renters feel the pain, parents are having to bridge the financial gaps




bank

Force banks to take on more capital, says Sajid Javid

Former chancellor urges lenders to keep credit flowing and not just weather the storm




bank

Black is white for Anglo Irish Bank’s long-suffering shareholders

PwC’s finest scientific minds attempt to prove banks can exist in two states at once




bank

When the banks closed in Wuhan, nobody cared

Wuhan and the future of banks; digital insurance with Artificial; Robinhood’s $8.3bn valuation




bank

Europe’s banks face a test of resilience

Since their peak almost a month ago, European banks indices have plunged 40 per cent




bank

Non-bank lenders raise concerns over access to ‘bounce back’ loans

Alternative providers fear it will harm competition in market for loans to small business




bank

Hedge fund bear takes aim at central banker ‘fruit loops’

Horseman Capital’s Russell Clark has sold his holdings in government bonds




bank

Wall Street banks face $100m of losses on Las Vegas deal

Citigroup was biggest lender but Deutsche, Barclays and SocGen are also on the hook




bank

Latam banks: flying down to Rio

Future of finance: Brazil’s main Latin rival for the attention of emerging market fund managers is Mexico