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As Christine Lagarde calls for recapitalisation of Europe's weakest lenders, the new IMF head attracts criticism with European officials, saying her views are 'confused'. We also look at other developments from the annual meeting of central bankers, held in the US. John Velis, head of capital markets research EMEA from Russell Investments joins us. We also look at the nature of hostile company takeovers, review markets and find out more on a new evolving area for borrowers and lenders.