A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums
Posted inBanking and Financial Institutions Blackstone Group, The Brookfield Asset Management Carlyle Group LP Dimon, James Federal-State Relations (US) KKR & Co LP Life Insurance Mergers, Acquisitions and Divestitures Private Equity Prudential Financial Inc Regulation and Deregulation of Industry

A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums

Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.
CEOs Back New York’s Call for Help With Migrant Crisis
Posted inDimon, James Fink, Laurence D Fraser, Jane (1967- ) Hochul, Kathleen C Illegal Immigration internal-storyline-no Mayorkas, Alejandro Midtown Area (Manhattan, NY) New York City Politics and Government Refugees and Displaced Persons

CEOs Back New York’s Call for Help With Migrant Crisis

More than 120 business leaders, including Jamie Dimon of JPMorgan Chase, are urging President Biden and congressional leaders to provide aid to the city.