The 1969 discovery of a reserve of oil off Norway’s shores created a high-class dilemma about what to do with the resulting ...

Over the past two years, calls for reforming the World Bank have pushed their way onto the front pages of major newspapers and into the agendas of heads of state. Many low- and middle-income ...

The World Bank's new president Ajay Banga on Friday asked the lender's 16,000 staff to "double down" on development and climate efforts as he seeks to accelerate the bank's evolution to tackle the ...

World Bank Group President Ajay Banga on Tuesday said proposed new contributions from wealthy countries combined with balance sheet changes could boost the bank's lending capacity by $100 billion ...

The G-20 recently issued a report urging the World Bank and the other multilateral development banks to loosen their lending restrictions to get more money flowing to countries in need.

As it did elsewhere, the metaverse eventually lost its luster in financial services. So, what happened? Is the metaverse dead? Is there still any opportunity to be had?

Stephen Hammer will serve as the founding chief executive of the New York Climate Exchange. Led by Stony Brook University, the center, on Governor’s Island, will aim to “implement innovative ...

Washington — Former Mastercard CEO Ajay Banga was confirmed Wednesday to serve as the 14th president of the World Bank and is set to begin his five-year term at the institution's helm next month ...

President Donald Trump called out Bank of America CEO Brian Moynihan at the World Economic Forum, saying some conservatives complain the bank will not take their business.

World Bank fears budget cuts from Trump White House after losing track of $24B: ‘Running around like headless chickens’ ...

The World Bank Group has announced the debarment of two Nigerian firms, Viva Atlantic Limited and Technology House Limited, along with their Managing Director and CEO, Norman Didam, for engaging ...

The World Bank’s new president Ajay Banga has asked the lender’s 16,000-person staff to “double down” on development and climate efforts as he seeks to accelerate the bank’s evolution to ...