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Page last updated at 13:54 GMT, Monday, 9 November 2009

Christine Lagarde: 'Risk is what matters'

As the G20 countries start to come out of recession world leaders are focusing on the recovery, but what kind of recovery do we want?

There is global agreement that a co-ordinated effort is needed to create more responsible banks with tighter regulation in the future.

France has now made it illegal to pay out excessive bonuses but other countries are not so keen to upset the finance industry.

Sarah Montague asked the French Finance Minister, Christine Lagarde, if the US is being tough enough on its banks.

Watch the full interview with Christine Lagarde on HARDtalk on Monday 9 November 2009.

BBC World News: 0430, 0930, 1430, 1830, 2130 GMT.

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