Page 11 - Deposit Base News Today : Breaking News, Live Updates & Top Stories | Vimarsana

the ripple effects from the collapse of silicon valley bank on friday are being felt accross the world. the us government has now said it will ensure all svb account holders will be able to retrieve any funds they have on monday morning. a statement by the us treasury and federal reserve said the plan will ensure the resilience of the broader us banking system. meanwhile in the uk, the government is warning that up to 200 british start—ups and technology firms, are at risk, following the collapse of svb. its british arm, svb uk, has helped with financing for numerous technology and...

silicon valley bank collapsed on friday, and the government of the state of new york shut down signature bank last night, claiming signature was on the verge of collapse. the federal government has since taken over that bank. president biden rushed out to the cameras this morning before the markets could open to try to calm the american people. he insisted there's no need for the public to worry, that their money is safe and the economy will not suffer. >> america can have confidence that the banking system is safe. your deposits will be there when you need them. every american shoul...

depositors president biden in remarks this morning addressing the moves by his administration >> america's going to have confidence that the banking system is safe your deposits will be there when you need them. i instructed my team to act quickly to protect these interests. no losses will be born by the taxpayers. >> i'll break it down with larry summers. the president's heading to san diego this hour with meetings where the british prime minister and australia's leader, highlighting the sale of nuclear submarines to our allies to counter china's indo-pacific power. and donald tru...

scrambling for support ahead of the big vote. i'm edward lawrence in for neil cavuto. this is a special edition of "your world." the first of 2023. more on the tax hikes in just a moment. first to chad pergram where the leadership drama is unfolding. chad? >> edward, it's been 100 years since theres this much uncertainty as to who would be speaker of the house. kevin mccarthy can only lose four votes, but there's five members that oppose mccarthy and perhaps more. >> kevin doesn't have the votes. there's more than five people. you'll see that as we go into the election on january 3. ...

Will earnings tomorrow remove the chill on the stock . The options action on that straight ahead. Im Courtney Reagan in this evening for melissa lee. On the desk tonight, on the desk tonight tim seymour, karen finerman, Bonawyn Eison and our guest trader. Weve heard from so many ceos about how spending is buckling, but the data is telling a different story. Retail sales last month jumping 0. 7 . Almost half a percent above estimates. Retail stocks ripping for the second straight day. The strength coming even as yields continue to rise. The tenyear getting back to the highs hit last week, takes...