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to ask after the weekend rescue of credit suisse by ubs. in the last half hour or so the us treasury secretary janet yellen has continued to offer reassurances that the banking system is stable in a speech to bankers in washington. she s been saying that the us government is prepared to help more banks if that s what is needed. the government s recent actions have demonstrated our commitment to take the necessary steps to ensure that savings and the banking system remain safe. our intervention was necessary to protect the board a us banking system and similar actions could be warranted if smaller institutions suffered that pose the risk of contagion. and if we look at the latest on the financial markets we can see that they are in positive terittory. they re expecting some of those reassurances from politicians. we can move on and see some of the banking shares here in london, hsbc. these are some of the stocks at lost valley yesterday as those concerns grew about ubs and cre
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