Didn't the SVB UK arm just say a day or two ago that they're perfectly fine? FTX US vibes here.
https://www.ft.com/content/cde4aa95-1cb5-408d-b35f-3216eaee46ae
https://www.msn.com/en-us/money/companies/hsbc-pays-1-to-rescue-uk-arm-of-silicon-valley-bank-after-all-night-talks/ar-AA18y78c
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