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a group of big american banks has injected $30 billion into a smaller regional bank, first republic, which had been seen as at risk of failure. it comes as fears grow of a crisis in the global financial sector. shares in european banks hit a two month low, after the eurozone s central bank hiked interest rates by a half of 1%. us treasury secretary janet yellen insists the us financial system remains sound, despite a series of bank collapses. let s cross to los angeles, and speak to our north america correspondent, peter bowes. peter bring us up on what the latest is and what is going on. it clearly is a big boost for first republic was that there were fears it could go under just like silicon valley bank did last week, and this $30 billion, from 11 major banks, that includejp morgan chase, citigroup as well, crucially important to keep first republic alive, because first republic alive, because first republic is a very prominent banker in california, in los angeles, ov ....
11 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. our north america correspondent peter bowes has more. well, this clearly is a big boost. there were fears it could go underjust like silicon valley bank did last week, and this $30 billion from 11 major banks that includejp morgan chase, citigroup as well, crucially important to keep first republic alive, because first republic is a very prominent bank here in california, in los angeles. over the last few days, we have seen people queueing outside to take their money, their investments out of that bank and place them with other larger banks, such has been their concern that it could go under. there has been a ripple effect, if you like, throughout the banking communities, and a ripple effect that we have seen really now go right across ....
i m katie pavlich along with mollie, jason chaffetz and welcome to the big weekend show . the big story tonight. democrats in a frenzy to replace president biden after his disastrous debate performance. biden allies and biden couldn t quote concerns about his age. the party is scrambling. with covid dealing with everything we have to do with look, if we finally be medicare met there are three years apart, they seemed about 30 years apart tonight. the impact on the choice black families have to make relative to childcare. that was painful. i love joe biden, i worked for joe biden. he didn t do well at all. he didn t do well at all. for example, we have 1000 truly nurse in america. i mean, billionaires. blame it on a cold, blame it on his stuttering, over preparation. whatever he did lose. maybe he needs to go. pretty brutal. democrats are taking a look at my profile bunch of leftists to find an alternate candidate if they can convince biden to step d ....
i m katie pavlich along with mollie, jason chaffetz and welcome to the big weekend show . the big story tonight. democrats in a frenzy to replace president biden after his disastrous debate performance. biden allies and biden couldn t quote concerns about his age. the party is scrambling. with covid dealing with everything we have to do with look, if we finally be medicare met there are three years apart, they seemed about 30 years apart tonight. the impact on the choice black families have to make relative to childcare. that was painful. i love joe biden, i worked for joe biden. he didn t do well at all. he didn t do well at all. for example, we have 1000 truly nurse in america. i mean, billionaires. blame it on a cold, blame it on his stuttering, over preparation. whatever he did lose. maybe he needs to go. pretty brutal. democrats are taking a look at my profile bunch of leftists to find an alternate candidate if they can convince biden to step d ....
i m katie pavlich along with mollie, jason chaffetz and welcome to the big weekend show . the big story tonight. democrats in a frenzy to replace president biden after his disastrous debate performance. biden allies and biden couldn t quote concerns about his age. the party is scrambling. with covid dealing with everything we have to do with look, if we finally be medicare met there are three years apart, they seemed about 30 years apart tonight. the impact on the choice black families have to make relative to childcare. that was painful. i love joe biden, i worked for joe biden. he didn t do well at all. he didn t do well at all. for example, we have 1000 truly nurse in america. i mean, billionaires. blame it on a cold, blame it on his stuttering, over preparation. whatever he did lose. maybe he needs to go. pretty brutal. democrats are taking a look at my profile bunch of leftists to find an alternate candidate if they can convince biden to step d ....