US stress tests, Sabadell's TSB bid and the FCA's new head

Patrick Jenkins and colleagues discuss why two European banks failed the US stress tests, the planned acquisition of TSB in the UK by Spain's Sabadell and new City watchdog chief Tracey McDermott's debut interview with the FT. They are joined by Andrew Lowe, analyst at Berenberg Bank. For information regarding your data privacy, visit acast.com/privacy