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BBCNEWS Newsday July 6, 2024 - Vimarsana News

BBCNEWS Newsday July 6, 2024

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...

BBCNEWS Newsday June 4, 2024 00:02:00 - Vimarsana News

BBCNEWS Newsday June 4, 2024 00:02:00

That the banking system is sound and that americans can feel confident that the deposits will be there when they need them. these actions demonstrate a resolute commission data may commitment that our financial system remains strong that our depositors remain safe. our north america correspondent, peter bowes joins us now. questions: so peter, what's prompted janet yellen to strike such a reassuring tone there? it has, for about a week now since the collapse of silicon valley bank due to liquidity issues last week following a few days later by the collapse of the new york bank signature. it's ...