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More Job Cuts at Meta and Big Equity Firms Circle SVB Assets

Bloomberg Tech

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What's the Value of Shenali Outlines?

Shenali: There are a few things to keep an eye on here and that is both the investigation that is happening when it comes to Silicon Valley Bank. And I think also people juxtaposing the decisions that were made in the US with the regulators versus the UK, UK very swiftly getting a buyer. On Friday morning there was a question about half of Wall Street circling these assets. But now that you have these assets slowly coming up for sale, it makes it a little easier for different parts of Wall Street to absorb them.

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