Patrick Jenkins and guests discuss why new powers given to Europe’s banking watchdog may not be enough to stem the tide of dirty money sweeping through the bloc, a potential bad-debt build up in China's banking system, and why so many bankers in New York seem to love running. With special guest José Manuel Campa, chairman of the European Banking Authority. Contributors: Patrick Jenkins, financial editor, Caroline Binham, financial regulation correspondent, Don Weinland, Beijing financial correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon