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Transcripts for BBCNEWS Newsday 20240604 00:10:00

because he will be keeping us compared to the evening as we get more details about the academy awards. you can get more details, lots more, in fact, but the awards on our website can include in this life page. head on over to our website or download the bbc news app, that is, of course, if you haven t done so already. joe biden has announced a rescue plan that it says will ensure all depositors in the failed silicon valley bank will be able to retrieve their funds on monday morning. a statement issued by the us treasury and federal reserve said american taxpayers will not have to foot the bill. it said the plan will ensure the resilience of the broader us banking system. shares in banks fell sharply around the world on friday, when svb was shut down by regulators following the biggest banking collapse for fifteen years. here s the us treasury secretary, janet yellen, speaking earlier. whenever a bank, especially one

Transcripts for BBCNEWS BBC News 20240604 02:11:00

the movement from daytime to nighttime as the guests arrive. maybe that is just overthinking it a bit. maybe that is ust overthinking it a bit. ., ~ maybe that is ust overthinking ita bit. ., ~ , maybe that is ust overthinking itabit. ., ~ , . it a bit. thank you very much and we will it a bit. thank you very much and we will leave it a bit. thank you very much and we will leave it - it a bit. thank you very much and we will leave it there - it a bit. thank you very much and we will leave it there for| and we will leave it there for now. you will find lots more detail about the acadamy awards on our website, including this live page. just head to bbc.com/news or use the bbc news app president biden says he ll speak about the latest us banking crisis on monday morning. his government has announced a rescue plan that it says will ensure all depositors in the failed silicon valley bank will be able to retrieve their funds as early as monday. a statement issued earlier by the us tre

Big banks starting to collapse as financial experts warn more fallout is coming

The global financial system has been teetering on the brink of collapse for a couple of years now, thanks to the stupidity of lockdowns and business closures during the COVID-19 pandemic. But now [.]

Transcripts for BBCNEWS BBC News 20240604 04:11:00

a rescue plan that it says will ensure all depositors in the failed silicon valley bank will be able to retrieve their funds as early as monday. a statement issued earlier by the us treasury and federal reserve said american taxpayers will not have to foot the bill. it said the plan will ensure the resilience of the broader us banking system. shares in banks fell sharply around the world on friday, when svb was shut down by regulators following the biggest banking collapse for 15 years. here s what us treasury secretary, janet yellen, had to say. whenever a bank, especially one like silicon valley bank with billions of dollars in deposits, fails, it s clearly a concern from the standpoint of depositors, many of which may be small businesses. they rely on access to their funds to be able to pay the bills that they have, and they employ tens of thousands of people across the country. we ve been hearing

Transcripts for BBCNEWS BBC News 20240604 03:09:00

shares in banks fell sharply around the world on friday, when svb was shut down by regulators, following the biggest banking collapse for fifteen years. here s what us treasury secretary janet yellen had to say. whenever a bank, especially one like silicon valley bank with billions of dollars in deposits, fails, it s clearly a concern from the standpoint of depositors, many of which may be small businesses. they rely on access to their funds to be able to pay the bills that they have, and they employ tens of thousands of people across the country. we ve been hearing from those depositors and other concerned people this weekend. so let me say that i ve been working all weekend with our banking regulators to design appropriate policies to address this situation.

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