Chatter is that HSBC and JP Morgan are exploring buying troubled bank SVB

Doing the rounds Sunday US time. HSBC the front-runner apparently.

Rescue / bailout in 3, 2, 1 ... Markets expecting it, 'risk' being bid up early here in the form of non_uSD FX:

Nothing further at this stage.

Added: The Bank of London has submitted a proposal for SVB's UK arm

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