One after another, U.S. banking crisis deemed far from over

STORY: One after another, U.S. banking crisis deemed far from over DATELINE: May 11, 2023 LENGTH: 00:02:26 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the Federal Reserve 2. various of a First Republic Bank branch in Manhattan, New York 3. New York Stock Exchange on Wall Street 4. SOUNDBITE 1 (English): CHARLES READ, Scholar in economics and history at the University of Cambridge 5. various of a Silicon Valley Bank branch 6. SOUNDBITE 2 (English): GIORGIO DI GIORGIO, Professor of macroeconomics and monetary policy at Rome's LUISS University 7. various of a Signature Bank branch in Manhattan, New York 8. various of pedestrians in New York 9. SOUNDBITE 3 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk 10. various of pedestrians in New York STORYLINE: In a dramatic move aimed at curbing the two-month banking crisis, U.S. regulators seized control of First Republic Bank and sold it to JPMorgan Chase earlier this month. However, stocks of regional banks in the U.S. continue to

FSA orders 15 banks to improve earnings

FSA orders 15 banks to improve earnings

TOKYO, Japan - Financial Services Minister Heizo Takenaka speaks to journalists on Aug. 1 after his agency ordered five of Japan's major banking groups and 10 regional banks to improve their earnings due to a wide gap between their initial profit targets and the actual figures for the year ended March 31.

Bank of Yokohama headquarters

Bank of Yokohama headquarters

File photo taken in February 2014 shows the headquarters of the Bank of Yokohama in Yokohama, eastern Japan. Two of Japan's biggest regional banks, the Bank of Yokohama and Chiba Bank, said on July 10, 2019, they have agreed to a business tie-up in areas such as sharing information on mergers and acquisitions and business successions. (Kyodo) ==Kyodo

FSA orders 15 banks to improve earnings

FSA orders 15 banks to improve earnings

TOKYO, Japan - Financial Services Minister Heizo Takenaka speaks to journalists on Aug. 1 after his agency ordered five of Japan's major banking groups and 10 regional banks to improve their earnings due to a wide gap between their initial profit targets and the actual figures for the year ended March 31. (Kyodo)