Top US financiers sound alarm on lending standards
Apollo’s Marc Rowan warns of ‘willingness to cut corners’
Apollo’s Marc Rowan warns of ‘willingness to cut corners’

How Apollo’s in-house insurer has raised capital to fund the group’s lending, without turning to policyholders

Rapid growth of $2tn market has led to hastily done deals and hurried due diligence, say fund managers

Rating agency says surging market’s opacity and illiquidity could pose risks to the industry

The Trump administration’s looser rules could breed more ‘cockroaches’ in the lending market

Marc Rowan tells FT that regulators have yet to catch up with political drive to boost competitiveness

Institutions borrow $15bn from standing repo facility in space of two days in sign of liquidity pressures