US bank failures ‘very different’ from 2008 crisis, Yellen says

US bank failures ‘very different’ from 2008 crisis, Yellen says

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US treasury secretary hails government intervention to guarantee depositors’ money and says banking system is ‘sound’. US Treasury Secretary Janet Yellen has said that the United States banking system is “sound”, stressing that recent American bank failures are “very different” from the global…

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