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Nicholas Comfort

Big Banks Face 20% Jump In Capital Requirements, WSJ Says

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The revised requirements could be proposed as early as June, according to the newspaper.

Deutsche Bank, Citi See 50% Recession Chance As Rates Rise

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Citigroup now sees the world economy growing 3% this year and 2.8% in 2023.

Women Were Scared Of Working At Blackstone, Schwarzman Says

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The private-equity industry has been trying to boost diversity.

Dalio, Fink Say They'd Pay More Tax If Funds Were Spent Well

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BlackRock CEO Larry Fink said he pays a tax rate of about 55% because he's based in New York City.

Deutsche Bank Overhaul Could Cost As Much As $5.7 Billion

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The New York office has not escaped the cutbacks.