Name: First Citizens Bank acquires billions in SVB loans
Uploaded: 2023-03-28T01:03:53.226Z
Duration: 2 min 2 s
Description: First Citizens Bank is taking over the remnants of Silicon Valley Bank, which collapsed weeks ago when depositors withdrew too much money, causing the bank to become insolvent.

First Citizens Bank is taking over the remnants of Silicon Valley Bank, which collapsed weeks ago when depositors withdrew too much money, causing the bank to become insolvent.

Santa Clara

Three U.S banks including the Silicon Valley Bank have failed and Credit Suisse has been taken over amid the biggest crisis since 2008.

Banking Crisis

First Citizens Bank acquires billions in SVB loans

President Trump announced Thursday that he would "permanently pause" immigration from "Third-World Countries." The declaration comes as the Trump administration takes aim at U.S. immigration policies in the wake of the shooting of two National Guard members in Washington, D.C.

Washington

Trump says he plans to end immigration from "Third-World Countries"

Europe's Airbus says it is ordering immediate repairs to 6,000 of its widely-used A320 family of jets in a sweeping recall affecting more than half the global fleet, threatening upheaval during the busiest travel weekend of the year in the United States.

Leiden

Airbus issues major A320 recall, threatening holiday travel

Hong Kong firefighters found dozens more bodies in an intensive search of a high-rise complex where a massive fire engulfed seven buildings, bringing the death toll to 128 with many more unaccounted for. Authorities arrested another eight people involved in the towers' renovation.

Hong Kong Island

More arrests made in Hong Kong as fire's death toll rises to 128

Ukrainian President Volodymyr Zelenskiy's powerful chief of staff, a close ally of the president who has headed Ukraine's negotiation team at fraught U.S.-backed peace talks, quit on Friday (November 28), after anti-corruption agents searched his home.

Kyiv

Ukraine Invasion

Ukraine's top peace negotiator quits after raid by anti-graft police

At least thirteen people were killed in an Israeli raid in southern Syria, Syrian state media reported, with Damascus accusing Israel of a "criminal attack" in a village where Israel said its troops came under fire during an operation to arrest militants.

Damascus

Middle East Conflict

Israel launches deadly raid on southern Syria, Syrian media reports

The Department of Homeland Security says the agency is reviewing all asylum cases approved under the Biden administration in wake of Wednesday's attack on National Guard members in Washington, D.C.

Trump admin orders review of approved Biden-era asylum cases

Two Palestinian men were shot dead during an Israeli raid in Jenin on Thursday moments after appearing to surrender, prompting condemnations as footage of the incident sparked widespread outrage.

Jerusalem

Israel forces kill two Palestinians seen surrendering in West Bank

One of the U.S. National Guard members ambushed in Washington, D.C., has died, President Trump announced Thursday. CBS News' Kamal Afzali reports.

One National Guard member dies after D.C. shooting

U.S. President Donald Trump says Sarah Beckstrom, one of the National Guard members shot in Washington, has died and the other, Andrew Wolfe, is fighting for his life. The suspect in the shooting, Rahmanullah Lakanwal, is in 'serious condition.'

Trump says one National Guardsman has died after Washington shooting

Video has emerged of two Palestinian men surrendering to the Israeli military with their hands up, before being shot dead in Jenin.

Tel Aviv-Yafo

Two unarmed Palestinians killed in Jenin by Israeli military

Guard members Sarah Beckstrom and Andrew Wolfe were wounded in a shooting that the FBI is investigating as ‘terrorism’.

National Guard members shot in Washington, DC, attack identified

The Russian president reiterated his maximalist demands over occupied areas of Ukraine, and insisted Moscow has no plans of slowing down its full-scale invasion or even negotiating with Kyiv.

Putin demands Kyiv withdraw from Eastern Ukraine

The suspect in the shooting of two National Guard members led a team in the Afghanistan war and worked with U.S. and British forces, according to a former Afghan commando colleague. A DHS official says he was granted asylum earlier this year on humanitarian grounds.

West Virginia

Suspect in National Guard shooting granted asylum earlier this year

Firefighting and rescue missions continued into Thursday for a second day after a massive fire broke out in Hong Kong, gripping a complex of seven high-rise residential buildings. At least 55 people were killed and dozens more were injured in what is the worst fire to hit the territory in decades.

Tai Po District

Death toll rises to 55 as blaze rips through Hong Kong tower complex

A Peruvian court on Wednesday (November 26) sentenced former President Martin Vizcarra to 14 years in prison after finding him guilty of taking bribes years before he took office, adding to a list of former leaders jailed for corruption.

Lima

Peru sentences ex-President Vizcarra to prison for corruption

Two National Guard members were shot dead near the White House in Washington D.C. A suspect was taken to hospital with injuries related to a gunshot.

Two National Guardsmen in critical condition after Washington shooting

A suspect is in custody and the scene is secured after a shooting mere blocks from the White House in Washington, D.C., police said Wednesday. DHS Secretary Kristi Noem said two National Guardsmen had been shot.

Suspect in custody after National Guardsmen shot in Washington, D.C.

Brazil's Supreme Court on Tuesday ordered far-right former president Jair Bolsonaro to begin serving a 27-year sentence for plotting a failed coup, after he exhausted all appeals.

Rio de Janeiro

Brazil's Bolsonaro begins 27-year jail term for coup bid

Brazil's Supreme Court on Tuesday (November 25) ordered former President Jair Bolsonaro to begin a prison sentence of more than 27 years for plotting a coup in 2022, according to a court document.

Brasília

Brazil's Bolsonaro to start 27-year prison sentence for coup plot

President Trump says only a few "points of disagreement" remain on a possible deal to end the war between Russia and Ukraine. The president says he will meet with the leaders of both countries only when the deal is in its final stages.

Trump optimistic on Russia-Ukraine peace deal despite recent strikes

The FBI has launched an inquiry into six Democratic lawmakers after President Trump accused them of “seditious behavior” for appearing in a video encouraging U.S. service members to refuse unlawful orders.

FBI probes Democrats over video urging troops to refuse illegal orders

President Donald Trump's administration has ramped up pressure on Venezuelan President Nicolás Maduro by designating the Cartel de los Soles as a foreign terrorist organization. But the entity that the U.S. government alleges is led by Maduro is not a cartel per se.

Caracas

U.S. labels Maduro-tied Cartel de los Soles as terror organization

The head of Sudan's Rapid Support Forces (RSF), General Mohamed Hamdan Dagalo, said late on Monday (November 24) that his paramilitaries would immediately enter into a three-month humanitarian truce in its conflict with the country's armed forces.

Khartoum

Sudan's RSF paramilitary says it will enter into ceasefire

A U.S. official tells CBS News that Ukraine has agreed to a peace proposal brokered by the Trump administration, but some details still need to be sorted out. CBS News' Holly Williams reports.

Ukraine agrees to peace proposal with Russia, U.S. official says

The Gaza Humanitarian Foundation, the U.S.- and Israeli-backed organization to distribute aid in Gaza, said on Monday (November 24) it was ending its operations after months of criticism over the deaths of hundreds of Palestinians trying to reach GHF hubs.

Divisive U.S.- and Israeli-backed Gaza aid group ends operations

Darfur

Sudan's RSF paramilitary says it will enter into a ceasefire

Chauncey Billups, who was serving as head coach of the Portland Trail Blazers until his suspension, pleaded not guilty on Monday to charges related to alleged rigged high-stakes poker games.

Chauncey Billups pleads not guilty to charges

The Kremlin on Monday (November 24) said that a European counter-proposal to a U.S. 28-point peace plan for Ukraine was not constructive and that it simply did not work for Moscow.

Moscow

Kremlin rejects revised European peace plan to end war in Ukraine

A federal judge has dismissed the criminal cases against former FBI Director James Comey and New York Attorney General Letitia James on the grounds that Lindsey Halligan, the interim U.S. attorney who secured their indictments, was unlawfully appointed to the role.

Cases against James Comey, Letitia James dismissed

At least 90 people have died in a week of torrential rain, flooding and landslides in south-central Vietnam, authorities said. Popular tourist areas have been heavily hit, with parts of Nha Trang submerged and deadly landslides cutting off roads near Da Lat.

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Banking Crisis