In this week's podcast: With details finally released last week on the new stress tests, we ask whether the European Banking Authority has made the tests strict enough; we look at Sir John Vickers and the increasing pressure he is under to reconsider proposals for a structural reorganisation of the banks; we look at the new takeover code - put in place to provide a transparent legal framework for substantial acquisition and takeover of publicly listed companies.

Presented by Patrick Jenkins with Megan Murphy and Sharlene Goff in the studio and bringing us news of the US banking sector, Suzanne Kapner in New York.

Produced by LJ Filotrani For information regarding your data privacy, visit acast.com/privacy