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Tech stocks drag Wall Street lower, Greensill files for administration, Apollo merges with Athene

Tech stocks drag Wall Street lower, Greensill files for administration, Apollo merges with Athene

FromFT News Briefing


Tech stocks drag Wall Street lower, Greensill files for administration, Apollo merges with Athene

FromFT News Briefing

ratings:
Length:
11 minutes
Released:
Mar 9, 2021
Format:
Podcast episode

Description

Stocks declined on Monday with shares of technology companies leading Wall Street lower, and the stricken supply chain financier, Greensill Capital, files for administration. Plus, the FT’s private capital correspondent, Mark Vandevelde, breaks down the $29bn merger between Apollo Global Capital and Athene Holding. Wall Street dragged lower by tech stocks and pandemic beneficiarieshttps://www.ft.com/content/e4420f17-c0ac-4cd4-807d-4549f5de9bfa?Apollo to merge with Athene creating $29bn conglomeratehttps://www.ft.com/content/e9ba5f23-9777-4730-a59b-d0c4d1fb510cGreensill files for administration and warns of GFG ‘defaults’https://www.ft.com/content/db5bc46a-57cc-4c7d-a6fe-47f5a59412d4 See acast.com/privacy for privacy and opt-out information.
Released:
Mar 9, 2021
Format:
Podcast episode

Titles in the series (100)

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. See acast.com/privacy for privacy and opt-out information.