SocGen focuses on Russia and Romania

This week the Banking team are joined by Paris correspondent Scheherazade Daneshkhu to discuss Société Générale’s plans to boost profits in Russia and Romania by the end of next year. They also look at Standard Chartered’s signing of a $340m settlement to resolve allegations it violated US sanctions on Iran and they debate what the future holds for London, as strict enforcement of new EU regulation begins to push debt deals away from the City.