BBCNEWS BBC News July 6, 2024
a group of big american banks has injected $30 billion into a smaller regional bank, first republic, which had been seen as at risk of failure. it comes as fears grow of a crisis in the global financial sector. shares in european banks hit a two—month low, after the eurozone�*s central bank hiked interest rates by a half of 1%. us treasury secretary janet yellen insists the us financial system remains sound, despite a series of bank collapses. let's cross to los angeles, and speak to our north america correspondent, peter bowes. peter bring us up on what the latest is and what is...