it s saturday 8th july. our main story: tributes are being paid to the eight year old girl who died when a car crashed into her school in wimbledon on thursday. she s been named as selena lau. her family says she was adored and loved by everyone . another eight year old girl and a woman in her 40s are still in a critical condition. a woman who was arrested on suspicion of causing death by dangerous driving has been released on bail. louisa pilbeam reports. an intelligent and cheeky girl, adored and loved by everyone. selena lau s family have paid tribute to the eight year old. she was killed when a land rover crashed through a fence at the study preparatory school in wimbledon, where an end of school school tea party had been taking place. 12 people taken to hospital, among them another eight year old girl who remains in a life threatening condition. a woman in her 40s is in a critical condition. large numbers of people have been coming to the school to lay flowers and ref
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 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
voice-over: live from our studio in singapore, - this is bbc news. it s newsday. welcome to our viewers on pbs in america, and around the globe. eleven of america s biggest private banks have stepped forward with a $30 billion rescue package for the troubled first republic bank. fears had been growing that the regional lender might be at risk of failure, as a result of market turmoil. the us treasury secretary, janet yellen, insists the rescue deal is evidence of resilience in the country s banking system. ican i can reassure the members of the committee that our banking system is sound, and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commitment to ensure that our financial system remains strong, and that depositors s savings remain safe. our north america correspondent, peter bowes, told us what prompted janet yellen to strike such an upbeat note. for about a week now, since the collaps
a group of big american banks has injected $30 billion 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 1%. us treasury secretary janet yellen insists the us financial system remains sound, despite a series of bank collapses. let s cross to los angeles, and speak to our north america correspondent, peter bowes. peter bring us up on what the latest is and what is going on. it clearly is a big boost for first republic was that there were fears it could go under just like silicon valley bank did last week, and this $30 billion, from 11 major banks, that includejp morgan chase, citigroup as well, crucially important to keep first republic alive, because first republic alive, because first republic is a very prominent banker in california, in los angeles, over the
welcome to our viewers on pbs in america and around the globe. a group of big american banks has injected $30 billion 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 0.5%. our north america correspondent peter bowes has more. this clearly is a big boost. there were fears he could go underjust like silicon valley bank did last week, and this $30 billion from 11 major banks that includejp morgan chase, citigroup as well, crucially important to keep first republic alive because first republic alive because first republic is a very prominent bank here in california in los angeles, over the last few days we have seen people queueing outside to take their money, their investments out of that bank and placed them with other larger banks, such as been their concern that it cou