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There was no clear reason why local banks were not picked, sources said, for first time in 17 years
Local banks play a vital role for the country in both domestic and international capital markets
Saudi Arabia's wealth fund sold a 2% stake in telecoms utility
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Proper ministerial decision-making body would force countries to reach agreement -
As president, Ajay Banga has given the World Bank the highest ambition and clear targets, but reality rarely cooperates. He is trying to drum up support from business and banks. This week in Washington, the Bank must convince wealthier countries to back its mission with more money — but runs the risk of the Annual Meetings being overshadowed by strife over conflicts in Ukraine and the Middle East
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With political tensions gripping the world economy and threatening to squeeze even tighter, the International Monetary Fund’s managing director Kristalina Georgieva has her work cut out at this week’s annual meeting. If the IMF is to remain relevant and capable, she must strike deals that countries of different political hues and degrees of wealth can live with
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Up to $221bn of external funding could flow from the region's banks
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Spanish bank sees ‘strategic rationale’ in being in Brazil as it looks to up wholesale banking revenues
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The rise of compliance culture and tech have created an atmosphere of mistrust
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa
