Leverage, bankers’ pay and Mediobanca’s radical plan

As UK and Swiss lenders face new demands from central banks to prove their soundness, the banking team look at leverage ratios. They look at bankers’ pay as new research shows that bank chief executives have been paid less generously for the first time in three years. And Rachel Sanderson, Milan correspondent, joins the podcast to analyse Mediobanca’s radical plan to quit the shareholder pact that has kept it at the centre of the Italian corporate power network for more than half a century.

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