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Blackstone's SVB Deal That Got Away Shows Private Equity Sidelined in Crisis.
- Source :
- Bloomberg.com; 4/6/2023, pN.PAG-N.PAG, 1p
- Publication Year :
- 2023
-
Abstract
- (Bloomberg) -- Silicon Valley Bank had just collapsed and Blackstone Inc.'s dealmakers saw an opportunity. Read more: Apollo and Rivals pushed aside in scrum to own piece of SVB When SVB came up for sale, authorities hoped to steer the failed lender to another - ideally, not-too-large - bank ready to take over customer deposits. [Extracted from the article]
- Subjects :
- PRIVATE equity
DEPOSIT insurance
BANKING industry
ASSET management
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 162940120