US Treasury Secretary Janet Yellen confirmed on Sunday that the government wants to avoid financial “contagion” following the bankruptcy of Silicon Valley Bank, but ruled out a bailout of the entity.

“We want to make sure that problems that exist in one bank don’t contagion to others that are strong,” Yellen said during an interview with CBS.

The Deposit Insurance Agency (FDIC), a branch of the government, seized control of Silicon Valley Bank (SVB) on Friday, on the brink of implosion amid massive withdrawals of its clients.

If so far the big banks have been rescued, several medium-sized or regional entities withdrew from the stock exchange this Friday.

That was the case for the First Republic of California, which fell nearly 30% in the Thursday and Friday sessions, and the Signature Bank, which has lost a third of its value since Wednesday evening.

Both institutions have a large number of companies in their customer portfolios whose deposits often exceed the maximum amount insured by the FDIC, about $250,000 per customer, which could prompt them to withdraw their money.

Nearly 96% of deposits at that bank are not covered by the FDIC’s repayment guarantee.

“I’m sure they (the FDIC) are considering a wide range of available options, including acquisitions,” the Treasury Secretary said.

Democratic Senator from Virginia Mark Warner confirmed on ABC on Sunday that Sunday’s announcement of a takeover bid for SVB by a financial institution ahead of the opening of Asian markets would be “the best solution.”

The futures contracts on the emblematic indices of the Tokyo and Hong Kong stock exchanges suggest a 2% drop at the open.