assured that our banking system is safe, your deposit and recovery efforts in malawi as site loan. freddy lashes the southern african country with torrential rain and high winds. ah i m told me a lot well welcome to the program. the u. s. president has promised to do whatever is needed to strengthen financial institutions. after the collapse of both signature bank and silicon valley bank, joe biden has told americans that their banking system is safe, even as years of another u. s. bank in crisis rise. the 2 bank failures are the 2nd and 3rd worst in u. s. history and they ve taken their toll on global markets. the news sent bank stocks tumbling in the us, asia and europe with investors fearing the biggest us bank failures in 15 years might trigger a ripple effect around the world. e. u or 30 say they are monitoring the situation, but do not expect the us failures to cause long term problems in europe. we take note of the swift under side of reaction by the us authorities wit