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DW Business July 13, 2024

Yes bank has a high level of bad loans and not enough capital to cover the losses putting the bank at risk of default thats why the central bank decided to place yes bank under a moratorium and is now working on a merger or takeover naturally a market based. Solutions of the problem a bank. Of the problem is a profitable we have said that in opera statement yesterday also so naturally you have to give time to the bank to the management to you know take whatever steps. Need to take. Because of the uncertain future shares of yes bank plunged more than 70 percent during trading hours wiping out around 1000000000. 00 euros of market value in a single day its the biggest fall ever of an indian blue chip stock. Yes or no bank lets go to both kind of rally krishnan who joins us from delhi for the new side scroll rohan could you tell us whether or not depositors should be panicking right now. Broadly speaking that both of our fine yesterday had so theres a bank of india which is the banking re ....

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DW Business July 13, 2024

Yes bank has a high level of bad loans and not enough capital to cover the losses putting the bank at risk of default thats why the central bank decided to place yes bank under a moratorium and is now working on a merger or takeover naturally a market based. Solutions of the problem a bank lead investor of led resolution of the problem is already refundable we have said that in Office Statement yesterday also so naturally you have to give time to the bank to the management to you know take whatever steps they need to take. Because of the uncertain future shares of yes bank plunged more than 70 percent during trading hours wiping out around 1000000000. 00 euros of market value in a single day its the biggest fall ever of an indian blue chip stocks. Yes or no bank lets go to both had been kind of run a krishnan who joins us from delhi from the new site scroll rohan could you tell us whether or not depositors should be panicking ri ....

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BLOOMBERG Bloomberg Markets Asia July 13, 2024

Countries. We are continuing to see the corporate fallout, we will get more details on airlines. Delta saying it is suspending u. S. To china flying routes through april 30. Asked theirsoft staff to work from home. Amazon as well. The longer it takes to test anybody, the greater the risk they will be spreading the disease. Mike pence saying most cases are mild and they have flulike symptoms. Compared to the tests the u. S. Have carried out, 2000 by the end of last week, compared to 140,000 in south korea. In the u. S. We are seeing 11. Lities rising to this is having a concerning impact on the markets. Lets get to the Market Action. Speaks,president pence we see markets accelerating losses. Now trading at the lowest level since september. The chinese equity come back facing a roadblock. Seng headedg hang for its lowest level of 2020, and s p 500 futures extending the trading session losses, closing down 3. 4 , now off 0. 8 . Earlie ....

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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

Contain the spread. Successful emergency surgery james dimon undergoes emergency heart surgery, temporarily handing control of the largest u. S. Bank to his lieutenant. Reports are he is recovering well. Morning again from berlin. Im matt miller. Nejra cehic is out. Manus cranny is live in vienna. We are going there to the opec plus meeting. Incredibly important meeting as you will see in a moment when i show you the oil price in just a few minutes from now. I want to check on first off the number of data points after the big slump we saw in risk assets yesterday. There is unusually no sign of a. Alance typically after 3 , 4 slump on indexes, you see a bit of a bounce. We are eight and a half hours away from the open of live u. S. Trading. Nonetheless, u. S. Futures still down again 1. 25 . In just a to manus moment. Crude oil at 45. 43 a barrel, and the yen, which was really looked for me when i across my asset price worksheet the yen was 105 handle, safeng a real fleet to haven asset ....

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DW Business July 13, 2024

Yes bank has a high level of bad loans and not enough capital to cover the losses putting the bank at risk of default thats why the central bank decided to place yes bank under a moratorium and is now working on a merger or takeover naturally a market based. Solution of the problem a bank. Of the problem is already a profitable we have said that in Office Statement yesterday also so naturally you have to give time to the bank to the management to you know take whatever steps. Need to take. Because of the uncertain future shares of yes bank plunged more than 70 percent during trading hours wiping out around 1000000000. 00 euros of market value in a single day its the biggest fall ever of an indian blue chip stock. Yes or no bank lets go to both kind of running krishnan who joins us from delhi for the new side scroll rolling could you tell us whether or not depositors should be panicking right now. Broadly speaking deposit of fine ....

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