US Backstops Bank Deposits to Avert Crisis After SVB Collapse

The video discusses the US regulatory response to financial instability, including backstopping all deposits and introducing an emergency lending program. These measures aim to prevent bank runs and reassure markets. The market reaction has been mixed, with US stock futures rising but Asian markets showing some instability. Internationally, countries like Japan and Korea have reassured their financial systems' stability, while the UK plans to support its startup community.

What assurances did officials in Asia provide regarding their financial systems?

What plans are being discussed in the UK to support the startup community?