HSBC considers spinning off its UK business, JPMorgan and Citigroup fined over Yen Libor and Bob Diamond pops up in Africa
In this week’s podcast, the banking team discuss HSBC sounding out investors over the idea of floating its UK operations. They take a look at the latest on the rate fixing scandal, as JPMorgan and Citigroup are fined for their involvement in the manipulation of Yen Libor. Finally, Javier Blas, Africa editor, joins from Johannesburg to outline Bob Diamond’s bid to enter the African banking sector, as he and Ugandan entrepreneur Ashish Thakkar seek investors for their planned $250m cash shell For information regarding your data privacy, visit acast.com/privacy