What better way to observe May Day than to discuss another US bank failure? But before we get to the collapse of First Republic (Is this another case of "Get Woke, Go Broke" and what does it means for the future of ESG and "Stakeholder Capitalism?"), we talk about James’ adventures in the Far East, including a trip to a Muslim Thai restaurant in Malaysia where he had the best cup of tea he’s ever had.

Toby recounts his own adventures in the Far North - no, not that one - we're talking about Stoke-on-Trent, where he went on Saturday to see QPR’s final away game of the current football season. Speaking of football, what's the real motivation behind Ryan Reynolds’ and Rob McElhenney’s purchase of Wrexham Football Club?

In Culture Corner, James goes all anthropological on us. Really.

Opening sound this week is Jamie Dimon, the chairman and chief executive officer of JPMorgan Chase, on this morning's conference call on the acquistion of First Republic Bank.