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BBCNEWS Asia July 6, 2024



it signals concern about the health of the sector, following the collapse of first republic and its acquisition byjp morgan chase. the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. i think there is a real risk of that. this is probably not the end of bank failures. we are seeing these problems in the smaller, regional, medium sized banks, really exposed to higher interest rates. we are going to see another interest hike from the fed which might add extra pressure ....

Welcome To Asia Business Report , Another One Bites The Dust First Republic , Carbon Emissions , Is Australia , Central Banks , Banking Turmoil , In The Red On Monday , Karishma Vaswani , First Republic , Wall Street Giant , Byjp Morgan Chase , Insurance Deposit Corp , 10 6 Billion , 0 6 Billion , Banking Sector , Banking System , Managing Director , International Monetary Fund , Kristalina Georgieva , Investment Officer , Bank Failures , Oreana Financial , Isaac Poole , Interest Hike , Interest Rates , Bank Specific Problem ,

BBCNEWS Asia July 6, 2024



the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. isaac, great to get you on the show. in the first instance, how much of a risk do you think there is of a failure amongst other us banks in the system? i failure amongst other us banks in the system? failure amongst other us banks in the system? i think there is a real risk of that- the system? i think there is a real risk of that. this the system? i think there is a real risk of that. this is the system? i ....

First Republic , Another One Bites The Dust , We Zoom , Asia Business Report , Karishma Vaswani , Central Banks , Banking Turmoil , Byjp Morgan Chase , In The Red On Monday , Wall Street Giant , Insurance Deposit Corp , 0 6 Billion , 10 6 Billion , Banking Sector , Banking System , Managing Director , Investment Officer , Kristalina Georgieva , International Monetary Fund , Oreana Financial , The System , Isaac Poole , Bank Failures , Interest Rates , Interest Hike , S Stem ,

BBCNEWS Asia July 6, 2024



i m karishma vaswani. we begin with the banking turmoil in the us. shares of several regional banks have closed in the red on monday. it signals concern about the health of the sector, following the collapse of first republic and its acquisition byjp morgan chase. the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. i think there is a real risk of that. this is probably not the end of bank failures. we are seeing these problems in the smaller, regional, medium sized ....

Another One Bites The Dust First Republic , Carbon Emissions , Is Australia , Asia Business Report , Central Banks , First Republic , Banking Turmoil , Wall Street Giant , Byjp Morgan Chase , In The Red On Monday , Karishma Vaswani , Insurance Deposit Corp , 0 6 Billion , 10 6 Billion , Banking Sector , Banking System , Managing Director , Kristalina Georgieva , International Monetary Fund , Investment Officer , Bank Failures , Oreana Financial , Isaac Poole , Interest Rates , Interest Hike , Bank Specific Problem ,

BBCNEWS Asia Business Report June 4, 2024 00:31:00

I m karishma vaswani. we begin with the banking turmoil in the us. shares of several regional banks have closed in the red on monday. it signals concern about the health of the sector, following the collapse of first republic and its acquisition byjp morgan chase. the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. i think there is a real risk of that. this is probably not the end of bank failures. we are seeing these problems in the smaller, regional, medium sized banks, really ex ....

Central Banks , First Republic , Banking Turmoil , Wall Street Giant , Byjp Morgan Chase , In The Red On Monday , Karishma Vaswani , Insurance Deposit Corp , 10 6 Billion , 10 6 Billion , Banking Sector , Banking System , Managing Director , Kristalina Georgieva , International Monetary Fund , Investment Officer , Bank Failures , Oreana Financial , Isaac Poole , Interest Rates , Interest Hike ,