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| Name | US could face economic turmoil if another bank faces collapse, money bosses warn - BBC News |
| Video Uploader | Video From BBC News |
| Upload Date | This Video Uploaded At 02-05-2023 09:03:24 |
| Video Discription | The US could face economic turmoil if more banks face collapse, some of the world's leading money managers have warned. The caution followed the failure of First Republic, the second-largest banking failure in US history, and the third bank to collapse in the country since March. JP Morgan Chase took over First Republic in a deal brokered by regulators - but there is a warning that the US could face a credit crunch and an economic slowdown, and at a crucial time, if another bank fails. Please subscribe here: http://bit.ly/1rbfUog #FirstRepublic #BankingCrisis #BBCNews |
| Category | News & Politics |
| Tags | bbc | bbc news | news |
