Monte dei Paschi's new plan, low returns in Asia and US retail banks

Martin Arnold and guests discuss the latest turnround plan announced by Italy's Monte dei Paschi, western investment banks' struggle to make money in Asia and the impact of low interest rates on US retail banks, with special guests Filippo Alloatti of Hermes Investment Management and Mike Mayo, banking analyst at CLSA. For information regarding your data privacy, visit acast.com/privacy

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The Financial Times banking team discusses the biggest banking stories of the week, bringing you global insight and commentary on the top issues concerning this sector. To take part in the show or to comment please email audio@ft.com Hosted on Acast. See acast.com/privacy for more information.