Steve Schwarzman learned early in his career that everyone makes mistakes. His biggest one as an investor was "disastrous."
Steve Bannon also says China's attempts to forge a two-tier deal to end the yearlong trade war with the U.S. is "wishful thinking."
"There's a huge reorganization going on in China regarding fentanyl to try to shut it down," Blackstone co-founder Stephen Schwarzman says.
"That leads the developed world to say to China: 'We've got to rebalance this. It's working for you. It's not working for us,'" says the billionaire Blackstone co-founder.
MANAMA, June 25- Blackstone Group chief executive Stephen Schwarzman said on Tuesday that an economic plan presented by White House senior adviser Jared Kushner for the Palestinian territories was "not unachievable". It's got $27 billion for the Palestinians and it's only about 20% equity. It's not that much, "Schwarzman said at an economic summit in Bahrain to...
The U.S. and China have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018.
Oxford University says its Schwarzman Centre will consider the impact of artificial intelligence.
LONDON, June 19- The head of private equity firm Blackstone has pledged 150 million pounds to Oxford University, the biggest single donation in its history, to fund a center for humanities that would also house an institute to study the ethics of artificial intelligence. "For nearly 1,000 years, the study of the humanities at Oxford has been core to Western...
LONDON, June 19- The head of private equity firm Blackstone has pledged $150 million to Oxford University, the biggest single donation in its history, to fund a centre for humanities that would also house an institute to study the ethics of artificial intelligence. "For nearly 1,000 years, the study of the humanities at Oxford has been core to Western civilisation...
Wells Fargo declined to comment on the search process. Wells Fargo is also the smallest of the top four retail banks by assets. The board will likely pay the next CEO $15 million- $20 million a year, said Robin Ferracone, the chief executive of compensation consultancy Farient Advisors LLC.
BEVERLY HILLS, Calif., April 29- International Monetary Fund Managing Director Christine Lagarde said on Monday she expects the United States and China to reach a deal to end their trade dispute, which has unnerved financial markets and cast a shadow over the global economy. Treasury Secretary Steven Mnuchin was scheduled to speak at the conference on Monday...
Billionaire Steve Schwarzman also advocates for more technical training for people who didn't go to college.
The S&P 500's roughly 16% rise in 2019 is "not nothing," the billionaire co-founder of Blackstone Group says.
Economic growth may be slowing, but we are not on the verge of a recession, Blackstone Chairman and CEO Steve Schwarzman says.
Blackstone chief executive and co-founder Steve Schwarzman believes that when it comes to businesses optimizing their performance: "Information is power."
Bank of America CEO Brian Moynihan and Blackstone CEO Stephen Schwarzman speak with CNBC's Andrew Ross Sorkin about what's next for markets.
The IMF's Christine Lagarde had been scheduled to attend an investing event in Saudi Arabia which has seen mounting cancellations since the disappearance of Washington Post columnist Jamal Khashoggi.
Google Cloud CEO Diane Greene is the latest Silicon Valley leader to drop out of the high-profile Saudi Arabian conference dubbed "Davos in the Desert."
Financial markets signal that the torrent of American CEOs pulling out next week's Saudi investment conference is not a great concern, the Allianz economist says.
J.P. Morgan Chase CEO Jamie Dimon, BlackRock CEO Larry Fink, Blackstone CEO Stephen Schwarzman and now Mastercard CEO Ajay Banga will not be attending an investment conference in Saudi Arabia later this month, CNBC has learned.