Podcast: The EU's zombie bank problem

Introduction

Date: 20 July 2017. Duration: 10:59.

Europe has a zombie banks problem - that is, a collection of struggling and failing banks that cannot lend as much as the economy requires. In this podcast MLex Chief Financial Services Correspondent John Rega joins Brussels Managing Editor James Panichi to discuss the EU's institutional response to these zombies, including Spain's Banco Popular and Italy's Banca Popolare di Vicenza and Veneto Banca.

For more insight into this issue, read John's recent comment "Banco Popular windup faces challenges over information as much as finances".