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that ensures bank deposits and overseas financial institutions. the agency says all insured depositors will have access to their deposits no later than monday morning. the fdic ensures deposits of up to $250,000. why did this bank fail so quickly? >> it is an old school bank run in a modern economy. you can point to two reasons. the first is that the fed has been increasing interest rates since 2022. that has an effect on thing bank's assets, which means its unrealized bonds were worthless money. those increased interest rates has had a devastating effect in the tech sector at large....

guess. >> he was really good. >> really good. great delivery. the next hour of "cnn this morning" starts now. ♪ >> we will have more from the white house correspondents' dinner throughout the show. good morning to you. welcome to "cnn this morning." it is sunday, april 30th. we are wrapping up april already. >> i can't believe it. >> i'm victor blackwell. >> i'm amara walker. i am still smiling from roy wood jr. >> he is good. all right. here is what we are watching for you this morning. >> he is a threat to the community and we need the community's help to, hopefully, locate him...

♪ very good wednesday morning to you, i'm jim sciutto. >> and i'm erica hill. happening right now, more than 4,500 civilians are stuck in the ukrainian city of bakhmut, this as russian forces launch a barrage of attacks on the fiercely contested area, president zelenskyy calling it the country's most difficult situation. as of now, though, ukrainian forces are still holding the line. cnn is on the ground in eastern ukraine and we will bring you the very latest. plus a political -- >> sorry, go ahead. >> it's all yours. >> plus a political shakeup in chicago. mayor lori lightfoot...

and to our viewers thanks so much for watching. "erin burnett outfront" starts right now. "outfront" next, breaking news. president biden says aid to ukraine is open-ended. he says putin has already lost ukraine. his new video into "outfront" shows one of america's most powerful munitions in action on the front line as putin is now threatening prisoner who's won't fight in his invasion. red flags for trump. the former president struggling to raise money for his re-election campaign. former supporters with deep pockets are now looking to back somebody else. this is a report that y...

ukraine officials say la's 23 confirmed that. in the city and mitchell slammed into that apartment building, they were sleeping in. and in dnipro, also reported killed, russia routinely denies they are targeting civilians with a list of noncombatants killed is a long one, and tonight as they continue to be clear, that list is likely to grow, cnn's team is there, as some of the dead were found. >> with us last night, joining us about the attached have been recording how does today compared today through out this work lacks >> reporter: the numbers are always terrifying, not the worst ...