Value Plunging News Today : Breaking News, Live Updates & Top Stories | Vimarsana

top of the hour this monday, big day for banks. >> i'm erica hill, and the president is speaking to americans with a calm an reassuring tone on the heels of two failing banks over the weekend, and sparking concerns about whether it could lead to more. his message with the american banking system is safe. >> all customers who had deposits in these bans ks can rt assured they will be protected and access to their money today. that means that those who bank there and need to make payroll and pay bills and stay open for business, and this is an important point, no losses will be borne by...

Moving pieces here, and you to remember that a big factor here is the fact that the fed has a war on inflation, and when it has this many things going on, that tech companies who have this value plunging, something breaks, and the value of the bonds that this bank is sitting on, it plunges, and that created a mismatch of the money they actually have and what they valued, and this is the shock and awe and reassuring the public that the money is safe, but we have to see how many of the other banks respond in what the banks are saying about these ba banks, and including the regional including fir...

Known as "putin's wallet," and the insurance company sogaz, partially owned by a close putin ally. some russian oligarchs are calling those sanctions unfair, others now publicly calling for an end to putin's war. >> the strategy is to make their lives, which are very comfortable, uncomfortable, by sanctioning them personally and by blocking access to those assets. >> reporter: the wave of punishing financial measures and restrictions unrelenting, with the u.s. closing its airspace to russian flights and aircraft, and blocking oil and gas equipment to russia. boeing also suspending all parts, m...