Uncertainties over financial regulation are slowing down economic recovery in the U.S. and...

|By:, SA News Editor
Uncertainties over financial regulation are slowing down economic recovery in the U.S. and Europe, Blackstone's (BX) Stephen Schwarzman says. “To provide the funding needs for a meaningful business recovery, banks need to know how much loan volume to add to their balance sheets” at a time when banks need “all their income sources to rebuild capital bases.”