Bank Panic News Today : Breaking News, Live Updates & Top Stories | Vimarsana

this week's actions demonstrate our resolute commitment to insure that our financial system remains strong and that depositors' savings remain safe. paul: let's bring in jason trender, chairman and ceo of an investment strategy firm. jason, quite a week in financial markets. you know, the treasury secretary says all is well, safe and sound, but the markets aren't acting like it. just how big a question -- a problem is this in the banking system? >> well, paul, we don't know yet, but i think that, you know, history has taught us that, generally speaking, when there are problems like t...

ahead this st. patrick's day friday starting with desperate measures on wall street. nearly a dozen banks teaming up to prevent this week's financial turmoil from spreading their $30 billion life line to save another major bank from potential ruin as janet yellen works to sooth the markets and reassure americans that their money is safe. >> i can reassure the members of the committee that our banking system is sound and that americans can feel confident that their deposits will be there when they need them. >> plus major move in china's partnership with russia, announcing this mornin...

>> reporter: you don't have to get lost in the desert to get the brain benefits experts suggest changing your usual route, turning off the gps on routine trips, and getting lost on purpose for the challenge of finding your way. for kathy, who has a family history of dementia, her good old map and compass could be the key to keeping her brain sharp dr. john torrez, nbc news, cade creek, arizona >> good for her. we have a lot to cover in our second hour of "chris jansing reports. let's get right to it. at this hour, surf, sand, and seaweed? we'll tell you about an enormous and fran...

of asian men is jailed for eight and a half years. china and russia have denounced a defence pact, agreed by the us, uk and australia, that will provide australia with nuclear powered attack submarines. russia said the pact would bring years of confrontation to asia. the chinese foreign ministry said the three countries were on a path of error and danger, calling the deal a violation of the aims of the international non proliferation treaty. here's the chinese foreign ministry spokesperson wang wenbin speaking at the daily press briefing. translation: china has repeatedly stressed th...

any moment now, president biden will address the nation from that podium right there amid concerning questions about potential contagion in the u.s. banking sector. what does that mean for your money? a very good monday morning to you. i'm jim sciutto. >> and i'm erica hill. president biden expected to try to calm fears in a matter of moments when he does make his way to that podium, this amid the failure of two u.s. banks. we're talking about silicon valley bank, which you've heard a lot of this weekend, as well as signature bank. the biden administration is taking emergency action ...