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BBCNEWS Asia July 6, 2024



bank and signature bank are facing lawmakers who blame the poor management for the banks failures. the bank ran into trouble after depositors removed their funds causing a panic within the banking system. congress want to know what went wrong. it was the first time anyone had heard from the former ceo of silicon valley bank after the spectacular collapse of the financial institution, he ran for more than a decade. becker apologised what happened but did not seem to take any responsibility for the eventual collapse. in the former executives that were there were slammed for the millions of dollars they received compensation. they were asked if they had any intention of returning some of those funds. how much of the $40 million did you earn from loading up banks with this? are you planning to return to the fdic was yellow compensation, there s been a lot of talk about it long term and short term. i lot of talk about it long-term and short-term. lot of talk about it long-t ....

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BBCNEWS Asia Business Report June 4, 2024 23:34:00

Increase companies are saying we have to increase or companies are saying we have to increase or salaries by 6% or 7% whatever it was and it was a very 7% whatever it was and it was a very big 7% whatever it was and it was a very big jump for some of the staff very big jump for some of the staff trut very big jump for some of the staff but when you drill down into what the bulk ofjapanese industry into what the bulk ofjapanese industry and commerce are paying, industry and commerce are paying, it s not very much so far paying, it s not very much so far in paying, it s not very much so far. in summary, the wage numbers far. in summary, the wage numbers that came out in march for a numbers that came out in march for a very numbers that came out in march for a very disappointing and the key for a very disappointing and the key one will be the release that comes in and we will see a much that comes in and we will see a much better number and start to see those much ....

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