► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />FT global investment editor Miles Johnson says there is money to be made with European banks today, but buying up these lenders’ equity is not the right approach. The focus should be on distressed debt.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
