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CNN CNN Newsroom With Jim Acosta June 4, 2024 22:09:00

And also so that we stem some of the contagion of fear that rippled through the banking sector. how concerns should every day americans be about this? this is not 2008 rerun, the banking sector is much better capitalized liquid, this is about interest rate risk management not credit risk management as it was in 2008. and so we do not need to fear, i think, a melt-down of the banking sector as happened then, having said that they should expect the feds if dic to the treasurer to be firm there should be tough questions asked in congressional hearings whether the feds, particularly the san francisco branch goldman sachs updated the odds of a recession to 35%, up from 25%, so what do you say to ....

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Australian treasurer says banks are well capitalised

Australian Treasurer Jim Chalmers said on Thursday that Australian banks were well capitalised after he convened a meeting of major regulators and the country s central bank to discuss the. | March 16, 2023 ....

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