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Why investors are leaning into alternatives: Apollo’s Marc Rowan

Goldman Sachs Exchanges

NOTE

The Changing Role of Banks in the Financial Markets

Liquidity is decreasing in the market, and this trend is likely to continue./nBanks are no longer the main source of debt capital for businesses and consumers in the US./nThis shift has led to the rise of investment firms, who are responsible for underwriting and riskgrading, securitizing, and packaging debt.

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