Social welfare costs from bank resolution, including contagion and moral hazard, are often thought to be minimized when supervisors can direct the merger of a failing bank with a sound, healthy one.

Recent media reports titled 'CDM to petition IMF, others if Mahama fails to revoke Asiama's appointment as BoG boss,' have ...

Brics summit will take up artificial intelligence governance, global health cooperation and financial reform, according to a ...

The salaried class's income tax payments have jumped to Rs285 billion in seven months?Rs100 billion more than the comparable period?as Minister of State for Finance Ali Pervaiz Malik hints at reducing ...

Pakistan’s latest round of engagement with the International Monetary Fund has sparked a fresh wave of controversy, fueling concerns that the financial watchdog is no longer just dictating economic ...

US President Donald Trump announced last week the creation of the first American sovereign wealth fund. He had pledged during ...

Palmyra is one of the most famous sites in Syria for its extraordinary heritage and archaeological remains. Inscribed on the World Heritage List in 1980, the city saw much of its heritage destroyed ...

A previous version of this report overstated the dollar amount and percentage of total assets allocated to private credit by U.S. Bancorp. The data source has revised its figures, and this story has ...

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) announced that a new entity will be set up to consolidate the ...

India is not a member of the G7. However, it has participated as a guest in several G7 summits, including those held in 2019, ...