In this week’s podcast: the deepening debt crisis in Greece and discussions about a second bailout; the world’s biggest banks face a capital surcharge of up to three percent; and, as the UK chancellor George Osborne announces his backing of ring-fencing retail banks, we ask, will this make the sector safer?

This week's US update, Stateside, is by Justin Baer.

Presented by Patrick Jenkins with Sharlene Goff, Brooke Masters and David Oakley

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