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and titans many charged with being woke, but the fact of the matter was, it was a bank that made the wrong bet on treasuries at the wrong time and bought tens of billions of those, the price of treasuries went down and flat-footed while people wanted their money. now it s in receivership and run by the federal deposit insurance corporation. it s a dramatic played out amidst talk there could be other problems out there. kelly o grady has more from los angeles. kelly. good morning to you, neil. yes, it s the second biggest banking collapse in u.s. history. the first major one since 2008 and it all happened in the span of 48 hours, what started this is svb found its self short on cash. the stock was plummeting. invests warned they might not be able to raise money and a bank run and loss of clients and simultaneously tried to withdraw fund. and the regulators have taken over it and insured depositors will gain access by monday. fallout could be dire. roughly 50% of ventur ....
assured they will be protectednd have access to their money we have an obligation with payroll. we have an electrical business and we have to meet payroll this afternoon. that s why i am here. everything is insured. we are not worried. going to collect my share and go home. wow. yeah, wow, right? it s a full-on bank run. these are old-school bank runs. let s not scare people. no, i m saying what we re seeing. a few banks. yes. let s hope it s not more. good morning. it is the top of the hour. glad you are with us. customers getting their money back after the stunning collapse of silicon valley bank. concern is growing as don was indicating for other regional smaller banks across the nation. their stocks are tanking. how much danger are they really in? former treasury official roger altmann is here to weigh in. a massive winter storm slamming the northeast. right now with powerful winds and up to two feet of snow. we will take you live inside th ....
good afternoon and welcome to the bbc news at one. afterfour weeks in hospital, the duke of edinburgh has been discharged and has returned to windsor castle. prince philip was admitted to king edward vii s hospital in central london on february 16th after feeling unwell. the duke, who s 99, later underwent a successful procedure for a pre existing heart condition at another london hospital. our royal correspondent nicholas witchell reports. shielded by a screen, a patient, evidently in a wheelchair, was brought out from the king edward vii hospital to a waiting vehicle. moments later, the vehicle left with the duke of edinburgh safely aboard, on his way home to windsor after his longest hospital stay, 28 nights in total, four of them at st bartholomew s hospital for specialist heart treatment. as the car left, photographers caught sight of the duke sitting in the rear of the vehicle. little has been said by the vehicle. little has been said by the palace about the reaso ....
but a necessity for the safety and prosperity of the british people in the decades ahead. the police officer accused of the kidnap and murder of sarah everard is due to go on trial in late october. and coming up scotland s first minister nicola sturgeon is to set out a timeline for the easing of lockdown in scotland. good afternoon and welcome to bbc news. afterfour weeks in hospital, the duke of edinburgh has been discharged and has returned to windsor castle. prince philip was admitted to king edward vii s hospital in central london on february 16th after feeling unwell. the duke, who s 99, later underwent a successful procedure for a pre existing heart condition at another london hospital. our royal correspondent nicholas witchell reports. shielded by a screen, a patient, evidently in a wheelchair, was brought out from the king edward vii hospital to a waiting vehicle. moments later, the vehicle left with the duke of edinburgh safely aboard, on his way home to wind ....
of the side effects. hms elizabeth heads east for its first deployment. britain shifts its foreign policy focus after brexit towards countries like india and japan. an autumn trial for the police officer accused of killing sarah everard. from woodwind to woodwork how thousands of performers have changed roles since theatre curtains came down a year ago today. and coming up on bbc news. history is made at the cheltenham festival, as rachel blackmore becomes the first female jockey to win the champion hurdle. reaction from the opening day coming up. good evening and welcome to the bbc news at six. the duke of edinburgh has left hospital in central london after receiving treatment for an infection and surgery for a pre existing heart condition. prince philip, who s 99, spent a month in hospital and has now returned to windsor to be reunited with the queen. the prince of wales said he was thrilled with the news. our royal correspondent nicholas witchell reports. shielded ....