Airing on Tuesday, March 24, 2015: Three banks have had their “living wills” turned down by regulators. Living wills are instructions that you draw up for doctors and lawyers and accountants, to facilitate your demise and the arrangement of your estate, should you become incapacitated. Pretty simple, really. So why is it so hard for banks? Plus, Facebook is quietly holding talks with at least half a dozen media companies about hosting their content. Details on how this will actually work are scarce but why does Facebook want to do this and why would media companies agree? We investigate.
Airing on Tuesday, March 24, 2015: Three banks have had their “living wills” turned down by regulators. Living wills are instructions that you draw up for doctors and lawyers and accountants, to facilitate your demise and the arrangement of your estate, should you become incapacitated. Pretty simple, really. So why is it so hard for banks? Plus, Facebook is quietly holding talks with at least half a dozen media companies about hosting their content. Details on how this will actually work are scarce but why does Facebook want to do this and why would media companies agree? We investigate.
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