Bbc News
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Global banking system is stable amid crisis, US treasury secretary says - BBC News
Posted
March 21, 2023
Views
35,761
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March 21, 2023
35,761
343
115
1.28%
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4:43Now PlayingUS treasury secretary Janet Yellen offered reassurance that the banking system is stable in a speech to bankers in Washington.
Yellen said the US government is prepared to help more banks if needed, saying their recent actions have demonstrated their “commitment to ensuring the banking system remains safe”.
Fears were initially sparked when Swiss bank Credit Suisse was bought by rival UBS on Sunday.
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