Apollo Global Management CEO & Co-Founder Marc Rowan says the recent US regional banking crisis will cause a "second wave" of losses in the commercial real estate market. He also discusses the banking sector and believes big banks are going to get bigger. Marc Rowan spoke with Sonali Basak on the sidelines of the Milken Institute Global Conference in Beverly Hills, California.
--------
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on...
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
Did you miss our previous article...
https://trendinginrealestate.com/home-remodeling-trends/the-king-of-reits-realty-income-o-stock-my-portfolio-reveal