i m karishma vaswani. we begin with the banking turmoil in the us. shares of several regional banks have closed in the red on monday. it signals concern about the health of the sector, following the collapse of first republic and its acquisition byjp morgan chase. the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. i think there is a real risk of that. this is probably not the end of bank failures. we are seeing these problems in the smaller, regional, medium sized banks, really ex
it signals concern about the health of the sector, following the collapse of first republic and its acquisition byjp morgan chase. the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. i think there is a real risk of that. this is probably not the end of bank failures. we are seeing these problems in the smaller, regional, medium sized banks, really exposed to higher interest rates. we are going to see another interest hike from the fed which might add extra pressure on depositors an
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pictures right now from paris. you can see police moving in and we will have the latest. and in america first republic has become the third back to collapse in a matter of months and will be bought byjp morgan chase. this is bbc news. let s go straight to paris and you can tell that potentially we have tear been fired and potential disturbances at those protests. we were in paris in the past hour or so and scenes were pretty peaceful. there had been a huge downpour of
some protesters following clashes and we will have more in the programme. russia has launched another wave of missiles at ukrainian cities in the early hours of the morning, the second predawn attack in three days. in the us first republic bank has become the third bank to collapse in a matter of months. it was bought byjp morgan chase. now we have the sport and a full round up. we will begin with the women s champions league. a crowd of more than 60,000 is expected at the emirates for arsenal against wolfsburg. a record attendance for a women s club match in the uk is expected