U.S. regional bank failures evoke unease in banking sector

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U.S. regional bank failures evoke unease in banking sector

STORY: U.S. regional bank failures evoke unease in banking sector DATELINE: March 16, 2023 LENGTH: 00:01:37 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the exterior of New York Stock Exchange Silicon Valley Bank 2. various of the exterior of Credit Suisse 3. various of screenshots of Moody's report 4. various of Silicon Valley Bank 5. various of Signature Bank 6. various of street scenes in U.S. 7. SOUNDBITE 1 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk 8. SOUNDBITE 2 (English): XN IRAKI, Kenyan economist STORYLINE: U.S. and European stocks plunged on Wednesday, as turbulence at Credit Suisse renewed fears of a banking crisis. Banking giant Credit Suisse lost nearly a fourth of its value Wednesday, amid the growing fallout from the collapse of two regional banks in the United States. Rating agency Moody's has slashed its outlook on the entire U.S. banking system to negative in the wake of failures at the Silicon Valley Bank (SVB) and Signature Bank (SNY). Experts hav

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