US CDOs sales, Intesa’s CEO quits and the Barclays rights issue

The banking team, rejoined by companies editor Brooke Masters, discusses the booming US CDO market and the questions it raises for regulators. Patrick Jenkins asks whether the number of banks involved in the Barclays rights issue is a sign of a new age of reciprocity. And Rachel Sanderson, Milan correspondent, explains the change of leadership at the top of Italy’s largest retail bank Intesa.