The HSBC chief executive Noel Quinn is unexpectedly stepping down after nearly five years in the job. Europe's largest bank says they will consider internal and external candidates. A difficult start to the year with earnings tumbling 20% at VW and more than 30% at Mercedes in the first quarter. All four of the euro area's largest economies perform better than expected in the first quarter suggesting a recovery is taking hold in the region. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson, Kriti Gupta and Anna Edwards.