Apollo CEO Warns Europe’s Regulatory Climate Threatens Economic Revival
Apollo Global Management CEO Marc Rowan has declared Europe is “at war with itself” over financial regulation, stifling economic growth. Despite these challenges, private capital firms are planning substantial investments across the continent to fund critical infrastructure projects.
Europe’s Regulatory Environment Hampering Growth, Apollo Chief Warns
Marc Rowan, chief executive of Apollo Global Management, has issued a stark warning about Europe‘s economic prospects, stating the continent is “at war with itself” as excessive financial regulation stifles growth and undermines competitiveness with the United States, according to reports from the Financial Times private capital summit.