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

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.
IPOs, Inflation Data and More Are at Risk in a Shutdown

IPOs, Inflation Data and More Are at Risk in a Shutdown

Important economic data could be delayed, as could regulators’ decisions on mergers and new public listings.