the latest turmoil involving banks and the financia markets. today shares of the swiss bank sweat is - setting off fears across the globe all the way to wal street it came after signature bank and silicon valley bank fiel here in the u.s. there are swiss central bank stepped in to say it was ready to support credit suites, an tonight in the last couple o hours, credit suites announced it will be borrowing up to 5 billion dollars from the national bank. with that let s get smarte cocked far lead off pane tonight precludes the pulitzer flies harbor mcquade which is federal former goes attorney for the eastern district of michigan and my friend peters eagles is here at that iraq, you s managing editor for th financial times. peter let s start with credi suites this comes days after silico valley bank, signature bank, w know other regional banks here first republic, they are i trouble. lots of viewers are goin
cohen wraps up another day o grand jury testimony, as storm daniels meets with prosecutors so what happens now? then the high stakes texas lawsuit over abortio medication the judge s ruling could com at anytime, and th consequences it could have across the country following concerns over silicon s downfall spreading t europe are there still risks for othe banks? and will congress do anythin about it as the 11th hour gets underway on this wednesday night. good evening once again, i stephanie ruhle. we may be one step closer to a first ever indictment of a former president in a criminal case the manhattan district attorney s investigation int the stormy daniels hush mone case appears to be entering it final stages this afternoon, former trump loyalist michael cohen finishe his second day of testifying before a grand jur investigating the case do i think that it is wrapping up? it appears to be so. i am probably the last witness
why do we need that? just because it s called a start-up, miss because it cool, and it s in california doesn t mean that business should get some loan terms maybe there s a reason no othe bank wanted to loan to them? i think it s fair to sa that any regional bank shoul have deposits guaranteed right now if they re going under the problem was that i was concerned about, is with the have all deposits move to th four top banks this to me was about actua businesses, that employed real people, they re trying to make payroll, and the potential t people were gonna pull i deposits from a regional bank, and give them to new york, i fact i think the president would ve been more likely to act faster, if this was regional bank in ohio. part of the problem was it was in silicon valley, and peopl don t want to support tech folks, because they thin they ve done really well okay, but hold on a, second now now how many small companies