► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />In the early hours this morning rules for setting up a European banking union were agreed. Lex's Nikki Tait and Oliver Ralph discuss what's been finalised so far and what's still to be done.<br /><br />For more on the European Banking Union visit:<br />http://www.ft.com/indepth/european-banking-union