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Silicon Valley Bank closing business

Silicon Valley Bank: Regulators take control of its customer deposits in the largest failure of a US bank since 2008.

US regulators shut down Silicon Valley Bank as the key tech lender scrambles to raise money to plug a loss from the sale of assets affected by higher interest rates.. And a new spirit of friendship over immigration seems to have been initiated between France and the UK. The UK prime minister, Rishi Sunak, went to Paris yesterday to meet President Emmanuel Macron for the first Franco-British summit for five years. Also, a weight-loss drug that has become popular in the US has been approved for use in England by the health authorities. Joining to discuss these and other stories are Sanam Naraghi-Anderlini, executive director of ICAN, a women's rights organisation based in Washington DC. And also Mohamed El-Erian, president of Queen's College, at Cambridge University.

23 minutes

Last on

Sat 11 Mar 202308:06GMT

Broadcast

  • Sat 11 Mar 202308:06GMT