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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 c ....
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