Lending

Apollo-Backed German Lender OLB Reportedly Hits Pause on IPO Amid Banking Crisis

The aftermath of the collapse of SVB and UBS' deal for Credit Suisse have sparked a rush from risk that has made IPOs more difficult to pull off.

March 24, 2023

Firms such as Deutsche Bank, Citigroup. and JPMorgan Chase are readying to hire some of the Swiss firm’s investment bankers and wealth managers.

March 23, 2023

The joint venture will initially aim to deploy approximately $1 billion.

March 23, 2023

The investment looks to drive the growth of the business as well as its three new fund platforms: private credit, impact and RMB.

March 23, 2023

The loans are tied to SVB Financial Group’s investment arm, SVB Capital, and its investment banking arm, SVB Securities.

March 23, 2023

That’s a record dollar amount of loans issued to insiders, going back at least two decades.

March 22, 2023

The deal failed because SVB publicly introduced risk to depositors and investors by announcing a need for capital.

March 21, 2023

From Singapore to London to New York, headhunters and rival lenders have been fielding calls over the past few days from anxious Credit Suisse staff.

March 21, 2023