BBCNEWS Newsday July 6, 2024
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...