FXHedge|Mar 29, 2026 21:34
A major Wall Street powerhouse is weighing a southern escape as New York City’s new mayor talks about soaking big business with taxes.
Apollo Global Management, a $900 billion asset manager, is plotting a second US headquarters in the Sunbelt just as Mayor Zohran Mamdani pushes to hike taxes on deep pocketed corporations.
The CEO of Apollo specifically cited the hostile NYC government as the reason for the move.(FXHedge)
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