bank – Page 6 – Freedom 96.9

Bessent supports IMF quota revamp, wants World Bank financing for critical minerals

Wednesday, April 15 by SRN News

By David Lawder WASHINGTON, April 15 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday reaffirmed his support for a long-delayed revamp of the International Monetary Fund's quota resources and called on the World Bank to move quickly to support projects to develop critical minerals... Read More.

Trump threatens to fire Powell if the Fed Chair remains with central bank after his term ends

Wednesday, April 15 by SRN News

Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation project, according to two people familiar with the visit. Two prosecutors and an investigator from U.S. Attorney... Read More.

Bank of America profit rises as trading, investment banking shine

Wednesday, April 15 by SRN News

April 15 (Reuters) - Bank of America's profit rose in the first quarter, as volatility in the global markets lifted trading activity and a rebound in mergers and acquisitions boosted the lender's investment banking fees. Shares of the company rose 1.5% in trading before... Read More.

Bessent disparages IMF, World Bank forecasts, says US will quickly cycle through higher prices

Tuesday, April 14 by SRN News

By Andrea Shalal WASHINGTON, April 14 (Reuters) - U.S. Treasury Secretary Scott Bessent on Tuesday took issue with cuts in global growth forecasts and higher inflation projections announced by the International Monetary Fund and World Bank as a result of the war in the Middle... Read More.

Long Iran war may require painful central bank tightening, IMF chief economist says

Tuesday, April 14 by SRN News

By David Lawder WASHINGTON, April 14 (Reuters) - Central banks may need to inflict much more economic pain to control inflation fueled by a long Middle East war than they did to control the spike in prices after the pandemic, the International Monetary Fund's chief... Read More.

World Bank chief sounds alarm about looming jobs crisis even after war ends

Monday, April 13 by SRN News

By Andrea Shalal WASHINGTON, April 13 (Reuters) - The Middle East war will dominate global finance officials' talks this week in Washington, but World Bank President Ajay Banga is sounding the alarm about a bigger, looming crisis: a huge gap in jobs for the 1.2... Read More.

Bank of Korea governor nominee vows to respond to excessive won weakness

Monday, April 13 by SRN News

SEOUL, April 13 (Reuters) - The Bank of Korea's governor nominee said it would be necessary to respond properly if the won fell excessively, in written remarks he submitted on Monday to parliament ahead of a parliamentary confirmation hearing on Wednesday. "Although dollar-won exchange... Read More.

Economic shock of Middle East war to cast shadow over IMF, World Bank meetings

Sunday, April 12 by SRN News

By Andrea Shalal WASHINGTON, April 12 (Reuters) - Top finance officials from around the world will convene in Washington this week under the shadow of the war in the Middle East, which has delivered a third major shock to the global economy after the COVID... Read More.

Middle East war to cut growth, deliver cascading impact, World Bank chief says

Saturday, April 11 by SRN News

By Andrea Shalal WASHINGTON, April 10 (Reuters) - The war in the Middle East will have a cascading impact on the global economy, even if a ceasefire announced by U.S. President Donald Trump takes hold, World Bank President Ajay Banga told Reuters in an interview... Read More.

Exclusive-Swiss bank Julius Baer initiates search to replace its CFO

Friday, April 10 by SRN News

By Oliver Hirt and Ariane Luthi ZURICH, April 10 (Reuters) - Julius Baer is replacing its chief financial officer, a step that rounds off a shake-up in the private bank's top management since it racked up heavy losses linked to risky lending. The bank confirmed the... Read More.

Current Weather

Stories tagged with: bank

Bessent supports IMF quota revamp, wants World Bank financing for critical minerals

Trump threatens to fire Powell if the Fed Chair remains with central bank after his term ends

Bank of America profit rises as trading, investment banking shine

Bessent disparages IMF, World Bank forecasts, says US will quickly cycle through higher prices

Long Iran war may require painful central bank tightening, IMF chief economist says

World Bank chief sounds alarm about looming jobs crisis even after war ends

Bank of Korea governor nominee vows to respond to excessive won weakness

Economic shock of Middle East war to cast shadow over IMF, World Bank meetings

Middle East war to cut growth, deliver cascading impact, World Bank chief says

Exclusive-Swiss bank Julius Baer initiates search to replace its CFO

On Air Now

Joe Pags

On Air Next

Jimmy Failla

Political News

US House votes for measure that would end Iran war, in blow to Trump

NAACP says US Postal Service voting plan violates settlement

Steve Hilton, top Republican hopeful for California governor, says the state has lost its way

Trump signs order to make it easier to fire 8,000 federal workers

Trump’s primary endorsement winning streak just ended in Iowa