Market Chatter: Apollo Global Management Co-Founder Leon Black to Testify Before Congress on Epstein Ties

MT Newswires Live06-26 17:41

Apollo Global Management (APO) co-founder Leon Black is set to testify before the House Oversight Committee on Friday as lawmakers investigate the federal government's handling of the Jeffrey Epstein case, the Financial Times reported Friday.

Black stepped down as Apollo's chief executive officer in 2021 following disclosures that he had paid Epstein more than $150 million for financial advice.

The hearing is part of a broader congressional investigation that has also included testimony from Bill Gates, according to the Financial Times.

Former Goldman Sachs executive Kathy Ruemmler and former Barclays Chief Executive Jes Staley are expected to testify next month, it added.

Apollo Global Management did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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