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BBCNEWS BBC News June 4, 2024 19:12:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 19:12:00

Many of which may be small businesses. they rely on access to their funds to be able to pay the bills that they have, and they employ tens of thousands of people across the country. we've been hearing from those depositors and other concerned people this weekend. so let me say that i've been working all weekend with our banking regulators to design appropriate policies to address this situation. i can't really provide further details at this time, but what i do want to do is emphasise that the american banking system is really safe and well capitalised. it's resilient. let's just quickly take ...

BBCNEWS BBC News June 4, 2024 16:13:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 16:13:00

Janet yellen, says she was working closely with banking regulators to respond to the collapse of the bank and protect depositors, but said a major bailout was not being considered. and mr sunak said he recognised the "anxiety" over the collapse of silicon valley bank but his government was working to find a solution that will secure customers' liquidity and cashflow needs. the uk chancellor, jeremy hunt, has been meeting the governor of the bank of england, andrew bailey. he offered some reassurance. the governor of the bank of england has said that there is not a systemic risk to the financia...

BBCNEWS BBC News June 4, 2024 15:10:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 15:10:00

Something fans here at old trafford are talking about today. as you heard, it has gone into different territory and as this coverage goes on to a second day, that is why commentators now are saying that the bbc has to be seen to be resolving this as soon as possible.— this as soon as possible. fiona, thank you _ this as soon as possible. fiona, thank you very _ this as soon as possible. fiona, thank you very much. _ prime minister rishi sunak says he recognises the "anxiety" over the collapse of silicon valley bank but his government was working hard to find a solution that will secure custo...

BBCNEWS BBC News June 4, 2024 17:15:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 17:15:00

The governor of the bank of england has said there is not a systemic risk to the financial system, so people should be reassured by that. there is a serious risk to some of our most promising companies in technology and life sciences, the prime minister, the governor of the bank of england were up late last night, working through the weekend, to come up with a solution. the us treasury secretary, janet yellen, said a major bailout was not being considered but she was working closely with banking regulators to respond to the collapse of the bank and protect depositors.

BBCNEWS BBC News June 4, 2024 20:10:00 - Vimarsana News

BBCNEWS BBC News June 4, 2024 20:10:00

To be able to pay the bills that they have, and they employ tens of thousands of people across the country. we've been hearing from those depositors and other concerned people this weekend. so let me say that i've been working all weekend with our banking regulators to design appropriate policies to address this situation. i can't really provide further details at this time, but what i do want to do is emphasise that the american banking system is really safe and well capitalised. it's resilient. to discuss the impact of collapse of silicon valley bank on uk startups, i'mjoined byjulian david,...