Santander's €60 Billion in Asset Shifts Is Set to Slow Next Year [Yahoo! Finance]
Apollo Global Management, Inc. (New) (APO)
Last apollo global management, inc. (new) earnings: 5/1 07:00 am
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Source: Yahoo! Finance
setting a lower bar for next year, as the competition to win investors such as private credit giants Apollo Global Management Inc. and Blackstone Inc. is heating up. Most Read from Bloomberg NYPD Car Chases Are Becoming More Frequent — and More Dangerous Strong demand for bank assets has created a “blue-sky scenario” that's likely to enable Spain's largest bank to move €60 billion ($63 billion) in risk-weighted assets off its balance sheet this year, said Sergio Gamez, who runs the Global Asset Desk unit overseeing the effort. That's likely to drop to €40 billion in 2025, Gamez said in an interview at the lender's headquarters in Madrid. As explanation, Gamez referred to comments from his boss, Chief Financial Officer Jose Garcia Cantera, who said in an analyst meeting earlier this month that the lower figure would be more sustainable. Gamez' GAD unit is at the center of a program, known as balance sheet rotation or asset mobilization, that has turned Santander into a prolif
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APO
Earnings
- 11/6/24 - Beat
APO
Sec Filings
- 12/16/24 - Form 4
- 12/13/24 - Form 4
- 12/11/24 - Form 4
- APO's page on the SEC website