[paulusthe]

100% agree

And even if Schwab had svb symptoms, the Fed facility announced yesterday fixes it. That program gives loans of up to a year with collateral priced at face value, not market value.

There is zero risk of Schwab running out of cash to cover deposits.

[q1w2]

This is correct, but remember that the stock may also be down because they do still have losses on these longer maturity low-interest rate loans.

...I'm not sure how much of that is new information though. So while bankruptcy is not likely, a depressed stock price may still make sense.