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hello and welcome to the programme. a group of big american banks has injected 30 billion dollars 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—one percent. the us treasury secretary, janet yellen, has insisted the us financial system remains sound despite a series of bank collapses. you i can reassure the members that the banking system is sound and t...

voice-over: live from our studio in singapore, - this is bbc news. it's newsday. welcome to our viewers on pbs in america, and around the globe. eleven of america's biggest private banks have stepped forward with a $30 billion rescue package for the troubled first republic bank. fears had been growing that the regional lender might be at risk of failure, as a result of market turmoil. the us treasury secretary, janet yellen, insists the rescue deal is evidence of resilience in the country's banking system. ican i can reassure the members of the committee that our banking system is so...

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...

welcome to our viewers on pbs in america and around the globe. 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 0.5%. our north america correspondent peter bowes has more. this clearly is a big boost. there were fears he could go underjust like silicon valley bank did last week, and this $30 billion from 11 major banks...

11 of america's biggest private banks have stepped forward with a $30 billion rescue package for the troubled first republic bank. fears had been growing that the regional lender might be at risk of failure as a result of market turmoil. our north america correspondent peter bowes has more. well, this clearly is a big boost. there were fears it could go underjust like silicon valley bank did last week, and this $30 billion from 11 major banks that includejp morgan chase, citigroup as well, crucially important to keep first republic alive, because first republic is a very prominent ba...