The fallout from Silicon Valley Bank far from over.

Regulators plan to try once again to auction off SVB after they were unable to do so.

I think that Silicon Valley is a unique outlier they did everything.

There's so much O8 PTSD.

Still among market participants, they were not a real bank in retrospect.

Credit Suisse becomes the latest crisis for the banking sector.

The big sell-off in Europe.

And that's continuing here in the US.

First Republic, as 11 big banks team up for a $30 billion deposit rescue.

When you start talking about banks failing and it's more than one,

it's only human nature to think right away to the worst.

Think about who could be next and if not in a bank where else.

Yeah.

And that's kind of where we've been the last handful of days.

And good evening everybody.

Welcome to this CNBC special hour.

I'm Aiman Javres.

Jim Kramer has the night off tonight.

And tonight, investors caught in the crosshairs.

Major index is pulling back today dominated by lingering jitters over first Republic Bank

and the fallout of the SVB collapse.

But a late-day surge in Credit Suisse as reports reveal UBS is in talks to acquire all or part of the bank on the bank.

...