Apollo, Blackstone eye SVB assets - Bloomberg News..

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Apollo, Blackstone eye SVB assets - Bloomberg News | Technology
https://www.devdiscourse.com/a....rticle/technology/23

Apollo, Blackstone eye SVB assets - Bloomberg News | Technology

Apollo Global Management Inc and Blackstone Inc have expressed interest in a book of loans held by Silicon Valley Bank (SVB), a subsidiary of the defunct SVB Financial Services Group, Bloomberg News reported on Tuesday. Last week, Californian regulators shut down tech lender SVB after a failed share sale that saw $42 billion of deposit outflows in a day and escalated worries of a contagion across financial markets.

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