There’s chatter Schwab could collapse next, they also have big undeclared and unrealized losses on long bonds.

Their stock dropped 25% in the last two days.

I think a collapse is unlikely but they do seem like they need an equity raise, and announcing this after your stock craters looks bad. The people who got out of SIVB fast got all their money, those that remained are going to get part of their money Monday and then a certificate of claim from the fdic they can sell or hold and receive distributions as the fdic sells off assets.