Two mid-sized American banks are joining forces in a $66bn merger - BB&T and Suntrust. It is the biggest US bank deal since the financial crisis, and analysts say the deal will up the ante on rival banks to consolidate. The FT's Robert Armstrong and James Fontanella Khan dig into the details of the deal, and what it means for the broader industry.  Hosted on Acast. See acast.com/privacy for more information.

There is a corner of the credit market that has started to worry regulators - leveraged loans. How does the $1.2tn leveraged loan market work and why do some say it could pose a risk to the financial system? The FT’s Colby Smith and Joe Rennison explain. Read more at FT.com/debtmachine. Hosted on Acast. See acast.com/privacy for more information.