Apollo Global Management and Blackstone Group (Blackstone) have expressed interest in acquiring a loan held by Silicon Valley Bank, Bloomberg reported, citing people familiar with the matter. The Federal Deposit Insurance Corporation (FDIC) kicked off the auction process for Silicon Valley Bank on Saturday night, but no buyers emerged. Afterwards, the US Federal Deposit Insurance Corporation (FDIC) stated that it has transferred all deposits from Silicon Valley Bank to a transitional bank (Bridge Bank), which will operate during normal hours and provide online banking and ATM services.