The vexed topic of pay, Deutsche Bank’s capital shortfall and more bad news for the Co-op

This week, Patrick Jenkins and the banking team discuss the vexed issue of pay at RBS and Barclays, as RBS has its bonuses blocked at twice the level of salary by George Osborne, and Barclays gets criticised by angry shareholders at a recent AGM. Daniel Schäfer, investment banking correspondent, discusses Deutsche Bank’s long-rumoured capital shortfall and predicts how the bank might react in future. Finally, Sharlene Goff, retail banking correspondent looks forward to the release of the first report into what happened at the Co-operative Bank in the years leading up to the exposure of a huge £1.5bn capital hole in the bank’s balance sheet.

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