First Republic Bank () was downgraded to junk by S&P and Fitch on March 15 and by Moody's on March 17, reflecting the pressure on the company following SVB's collapse earlier in March.

Source: https://seekingalpha.com/article/4594924-rating-migrations-shake-up-sector-exposure?source=feed_all_articles

How the market is responding to SVB's collapse.

Source: https://investorplace.com/tradingopportunities/2023/03/svb-101-heres-what-you-need-to-know/

SVB's parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA ), is a top 20 U.S. financial institution with more than in assets.

Source: https://www.marketscreener.com/quote/stock/FIRST-CITIZENS-BANCSHARES-9272/news/Silicon-Valley-Bank-Launches-New-Marketing-Campaign-44823108/?utm_medium=RSS&utm_content=20230912

The flagship cryptocurrency even reached as high as $26,400 the day before, a massive 34% increase from before SVB's implosion on Friday.

Source: https://gazette.com/news/us-world/bitcoin-pops-and-continues-2023-gains-as-banking-sector-struggles-with-svb-failure/article_dfab00c3-8d4f-50b2-9883-4d1ecc9b0b46.html

The knock-on impact on SVB's UK arm sparked fears it could lead to the collapse of many smaller UK tech firms, with more than 200 tech bosses signing a letter calling for the government to step in.

Source: https://www.bbc.co.uk/news/business-64937251?at_medium=RSS&at_campaign=KARANGA