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Home > FT Banking Weekly > Return of the covenant light loan, BNP Paribas boss interviewed, Russian ramifications and more Co-op chaos
Podcast: FT Banking Weekly
Episode:

Return of the covenant light loan, BNP Paribas boss interviewed, Russian ramifications and more Co-op chaos

Category: Business
Duration: 00:18:43
Publish Date: 2014-03-24 13:10:00
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
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