the wall street giant said it would pay $10.6—billion—dollars to the federal insurance deposit corp, officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let's ask the chief global investment officer of oreana financial, isaac poole. i think there is a real risk of that. this is probably not the end of bank failures. we are seeing these problems in the smaller, regional, medium—sized banks, really exposed to higher interest rates. we are going to see another interest hike from the fed which might add extra pressure on depositors and so forth. as we look out, there is a real risk that initially what was a bank specific problem becomes a wider problem for the system. what is driving these risks going forward? is it higher interest rates as you are talking about or s

the wall street giant said it would pay $10.6—billion—dollars to the federal insurance deposit corp,icials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let's ask the chief global investment officer of oreana financial, isaac poole. isaac, great to get you on the show. in the first instance, how much of a risk do you think there is of a failure amongst other us banks in the system? i failure amongst other us banks in the system?— failure amongst other us banks in the system? i think there is a real risk of that- _ the system? i think there is a real risk of that. this _ the system? i think there is a real risk of that. this is _ the system? i think there is a real risk of that. this is probably - the system? i think there is a real risk of that. this is probably not

the wall street giant said it would pay $10.6—billion—dollars to the federal insurance deposit corp,