14 min listen
Return of the covenant light loan, BNP Paribas boss interviewed, Russian ramifications and more Co-op chaos
Return of the covenant light loan, BNP Paribas boss interviewed, Russian ramifications and more Co-op chaos
ratings:
Length:
1 minute
Released:
Mar 24, 2014
Format:
Podcast episode
Description
Patrick Jenkins is joined by Anne-Sylvaine Chassany, private equity correspondent, for a look at how debt investors are abandoning normal creditor protections and snapping up riskier "cov-lite" loans at a faster rate and in greater proportions than at the peak of the credit bubble. Martin Arnold reports back from his interview with Jean-Laurent Bonnafé, chief executive of BNP Paribas, who sees investment banking going through a deep transition period as a result of regulation, capital requirements and a shit to electronic exchanges. Daniel Schäfer has the latest on rumblings in Russia, where Austrian banks find themselves particularly exposed, and Sharlene Goff has news of the Co-op Bank, which needs to raise another £400m just three months after its rescue For information regarding your data privacy, visit acast.com/privacy
Released:
Mar 24, 2014
Format:
Podcast episode
Titles in the series (100)
Pay, Q2 earnings, divestments and stress tests: In this week's podcast: The latest EU initiative on bankers’ bonuses - what does this mean for those working in the sector? Also, with Q2 earnings being released shortly, we try and work out what they will suggest for the rest of the year. We take... by FT Banking Weekly