hello there. we begin in the us where, in an extraordinary move to contain panic in the banking system, 11 of america s biggest financial institutions have agreed to a $30 billion bailout for first republic. shares in first republic plunged, as investors worry that it could be the next to fail. it follows the stunning collapse of two other specialist lenders, including silicon valley bank. samira hussain reports from new york. the collapse of two us banks have spooked investors who are now left wondering which bank could be the next to fail. that s been putting a ton of pressure on smaller regional banks. depositors at first republic have withdrawn billions of dollars and the regional banks share price has been cut in half. now the biggest of the american banks have stepped in, led by the likes ofjpmorgan and citigroup, 11 companies have agreed to make $30 billion of uninsured deposits in first republic. they have done this in the hope that it will be enough to shore up conf
11 of america s biggest financial institutions have agreed to a $30 billion bailout for first republic. shares in first republic bank plunged, as investors worry that it could be the next to fail. samira hussain reports from new york. the collapse of two us banks have spooked investors who are now left wondering which bank could be the next to fail. and that has been putting a ton of pressure on smaller regional banks. now, depositors at first republic have withdrawn billions of dollars. the regional banks share prices has been cut in half. now, the biggest of the american banks have stepped in, led by the likes ofjp morgan and citigroup. 11 companies have agreed to make $30 billion of uninsured deposits in first republic. now, they have done this in the hope it will be enough to shore up confidence and notjust in first republic, but in the entire banking system. the troubles of those american lenders have fuelled concerns about the value of bonds held by banks, as rising in
knowingly inventing money laundering and sanctions violations on its side and allowing criminal actors to use the exchange, named by treasury secretary as including al-qaeda, isis and how. the justice department - al-qaeda, isis and how. the justice department is requiring binance justice department is requiring binance to pay $4.3 billion in penalties and forfeiture is. this penalties and forfeiture is. this is penalties and forfeiture is. this is one of the largest penalties we have ever obtained from penalties we have ever obtained from a penalties we have ever obtained from a corporate defendant in a criminal from a corporate defendant in a criminal matter. criminal matter. he s one of the most criminal matter. he s one of the most influential- criminal matter. he s one of the most influential figuresl criminal matter. he s one of. the most influential figures in the most influentialfigures in crypto. this is the development to rail the crypto industry since h
Ai has really taken the tech world by storm ever since chatgpt was unveiled back in november. and ever since then, everyone has been rushing to unveil their own rival. baidu s unveiling, yesterday, it actually didn t go exactly as planned. it was meant to be a live demonstration of their product called ernie bot, but it turned out to be a pre recorded presentation, and that actually really disappointed investors and caused its shares to fall quite sharply, by as much as 10%. today, though, its shares are surging after citigroup and others tested ernie bot and said that while it is not perfect, it does work quite well. of course, chatgpt is backed by microsoft, investing millions of dollars in open ai which created that software, while google and others in china are also announcing their own. of course, earlier this week, 0pen ai launched its latest version, gptlt, which not only respond to words, but also to images as well. for example, they can suggest a recipe idea from a picture of
Microsoft s promising this will change how millions do their work every day. what might ai mean in practice? that s the big question. it has really taken the tech world by storm ever since chatgpt was unveiled back in november. ever since that everyone has been rushing to unveil their own arrival, and baidu unveiled yesterday, it didn t go exactly as planned, it was meant to be as planned, it was meant to be a live demonstration of their product but it turned out to be a pre recorded presentation. but actually disappointed investors and because its shares to fall sharply by as much is 10%. today the shares are searching after citigroup and others tested ernie bot ann