Management turmoil at Lloyds, Northern Rock’s return to the private sector and UBS’s bonus pool

The management turmoil at Lloyds after high-profile hire Nathan Bostock, who was due to take charge of the bank’s wholesale division decided to stay on at the Royal Bank of Scotland. Also this week, the banking team take a look at nationalised lender Northern Rock’s return to the private sector and new UBS CEO Sergio Ermotti’s decision to cut some of UBS’s bonus pool in order to recoup some of the money lost in the alleged rogue trading scandal.

Presented by Patrick Jenkins, with Sharlene Goff and Brooke Masters. Produced by Emily Cadman