Blackstone Inc and Apollo Global Management were among the bidders for some assets of collapsed Silicon Valley Bank, the Federal Deposit Insurance Corporation (FDIC) said on Wednesday. PNC Financial Services, Valley Bank, Citizens Bank and BankUnited were also part of around 20 bidders, the FDIC said, adding that one or more bidders submitted more than one bid. The bids, which closed on March 10, were followed by First Citizens BancShares purchasing all the loans and deposits of SVB later that month.

https://business.inquirer.net/400354/blackstone-apollo-were-among-bidders-for-svbs-assets

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