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BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

so let's get down to business and turmoil in the banking industry is back. shares in the us regional lender first republic dropped more than 20% in extended trading on monday after it revealed it suffered a huge drop in deposits during the first quarter. first republic came under intense pressure after silicon valley bank and signature bank collapsed last month. samira hussain has more from new york. normally more from new york. when a company is earnings normally when a company is earnings for a quarter are released executives hold a call with analysts when they take questions, that...

BBCNEWS World Business Report June 4, 2024 04:38:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:38:00

What is known as tier1 capital note providers who got wiped out, therefore they are saying hang on it should be the shareholders the equity holders should be wiped out, that is the convention, not the people who have lent money to the bank. and we won't weep too much for massive institutions such as mitsubishi and pacific intervention —— pacific and —— investment, these are not private individuals but massive financial organisations, they are taking ubs to court rather the regulator to court over the same can you do this? that is really the function of lawyers seeing this as an opportu...