The last time a bank bought another failing bank, they also ended up buying a whole load of extra problems that made the total deal very costly. No bank is go

The last time a bank bought another failing bank, they also ended up buying a whole load of extra problems that made the total deal very costly. No bank is going to want to buy SVB unless there’s a clear and substantial profit to be made (which their obviously isn’t), or there’s some guarantee that the purchasing bank doesn’t get held liable for any of SVBs historical misbehaviour. Right now, I suspect that every bank capable of purchasing SVB is taking a “wait and see” approach. There’s no risk to them if SVB and their depositors get fucked. And there is substantial upside to waiting and seeing if the FDIC is going to try and setup a sweetheart deal for another bank to takeover. So why would any bank move early?