Ex-Cazenove Chief Pickering on London's Banking Culture, Executive Pay, and NatWest Sale

Robert Pickering, once the chief executive of former private British investment bank Cazenove, joins to discuss his book Blue Blood: Cazenove in The Age of Global Banking and reflect on London's banking landscape. He says that competitive pay is a big problem and that “too many regulations” are getting in the way of snaring top talent. Discussing the prospect of NatWest’s retail offer, Pickering says there’s an ethical dilemma at work.See omnystudio.com/listener for privacy information.