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live from london, this is bbc news. avoiding another banking crisis: us regulators race against the clock to find a buyerfor troubled first republic bank, whose shares plunged last week. more protests in france as unions call for further strike action against the government s pension reforms. and solving london s housing crisis: we ll tell you how one community is building its own solution by selling affordable housing to the locals. hello. i m mark lobel, here with your top business stories. let s start in the united states, where us regulators are racing to find a buyer for the troubled first republic bank. the federal deposit insurance corporation has reportedly asked six banks to bid for the lender, and wants a deal in place within the next 2a hours. shares in first republic plunged last week after it admitted customers had withdrawn $100 billion in deposits in march. at that time, its competitor silicon valley bank had collapsed, prompting fears of a wider banking ....
hello, welcome to bbc news. we start once again in france because we have seen big numbers taking to the streets. the 11th day of mass protest against the pension age in france. some of the pictures from streets in the centre of the capital. a meeting between the prime minister and labour unions failed to break the deadlock yesterday. france s constitutional council will decide next week on the validity of the government s move after the change was rammed through parliament with no vote. those are the live pictures. let s speak to our correspondent hugh schofield who is on the streets near the protests in paris. we have seen deadlock between the government and protesters. yes. government and protesters. yes, still deadlocked government and protesters. yes, still deadlocked and government and protesters. ye: still deadlocked and another demonstration on this 11th day of action. the first one was back in mid january and i have reported on every single one of them. it ....
we start in france. large numbers have taken to the streets again, the 11th day of mass protests against the change in pension age in france. a meeting between the prime minister and labour unions failed to break the deadlock yesterday. on the streets there in france we have more large protests, notjust paris but many of the big cities. notjust paris but many of the big cities. france s constitutional council will decide next week on the validity of the government s move after the change was rammed through parliament with no vote. let s speak to our correspondent hugh schofield who is on the streets near the protests in paris. there is no prospect of the government giving way on the key part of the law which is raising the age from 62 to 64 for state pension, and there is no sign as we see here of the protesters giving up. it may be that beneath the scenes there are things happening as the law approaches this publication in becoming actually law, people will start givin ....
Passing over the country. live now to france, where we re joined by axel persson, who s the general secretary of the cgt railway workers union. cani can ijust can i just start can ijust start by can i just start by asking can ijust start by asking you why passengers outside france are going to be affected by this action and whether you think and accept this criticism that it think and accept this criticism thatitis think and accept this criticism that it is unnecessarily affecting people who are not french? ~ ., affecting people who are not french? ~ . ., , . french? well, the air traffic control workers french? well, the air traffic control workers are - french? well, the air traffic control workers are on - french? well, the air traffic l control workers are on strike, so any flight that will of course across the french territory might be potentially affected by this strike and, of course, the travel is not from france and even the travellers in france are not the ones being target ....
These protests. let s stay with both this story and the pictures. i m now joined by axel persson, a train driver and a member of one of the biggest labour unions in france, the cgt. thank you for being on the programme. in terms of these protests, these demonstrations, why have you joined them in terms of the issue at stake? the have you joined them in terms of the issue at stake? issue at stake? the issue at stake issue at stake? the issue at stake is whether issue at stake? the issue at stake is whether people issue at stake? the issue at stake is whether people will issue at stake? the issue at stake is whether people will accept - is whether people will accept working additional two years, even though despite the fact that the majority of shareholders, the big corporations, the you name it, have garnered record profits throughout these past years. so what this is really about is whether we will accept what we perceive as a greedy attack because there is no economic justificat ....