Russian repatriation, banks hold back forex bonuses, and UniCredit puts Pioneer Investments back on sale
As Russian banks and corporations begin to make alternative plans in anticipation of asset freezes in the US and Europe, Patrick Jenkins is joined by Martin Arnold, Daniel Schäfer, Sharlene Goff and Neil Buckley, east europe editor, to discuss the ripples being caused in the banking world by events in Ukraine. The team also look at the banks suspending bonuses for those under investigation in the forex scandal and at Barclays where senior exec bonuses are set to drop. Finally, they discuss UniCredit’s aim to sell or float its Pioneer Investments arm as conditions in the Italian economy make a sale more likely For information regarding your data privacy, visit acast.com/privacy