In this week’s podcast: We look at the predicted effect the UK immigration cap is likely to have on the vast numbers of non-EU workers employed in the City. We ask what this will mean for the big banks. We hear from our office in New York in our new weekly feature Stateside - with Justin Baer reporting back on the week’s top banking stories in America. We then look at securitisation, the state of Northern Rock and the plans that the Banking Commission has up its sleeve.

Presented by Patrick Jenkins, with Sharlene Goff and Jennifer Hughes in the studio and Justin Baer in New York.

Produced by LJ Filotrani For information regarding your data privacy, visit acast.com/privacy