World Bank President Ajay Banga wants to focus on improving the development lender so that he can earn the right to press member countries for more capital, as the new chief looks to expand its ...

Under pressure from world leaders, development experts and shareholders, the bank opens its spring meeting on Monday, poised for big changes. By David Gelles and Alan Rappeport Mr. Gelles writes ...

Finance. World Bank chief to leave by July The departure of David Malpass opens the door for the Biden administration to pick his replacement.

World Bank New Chief Says Lender Must Become Better, Bigger Changes will increase lending by $150 billion over a decade Ex Mastercard CEO says he’ll later still ask for more capital ...

Meanwhile, the World Bank is on track in meeting its own targets, said Banga. At COP28 last year the bank committed 45% of its financing for climate purposes by 2025, up from a previous goal of 35 ...

World Bank’s chief economist, Indermit Gill, acknowledged Tuesday that several top US trade partners have had uneven trade practices. Bloomberg via Getty Images.

Ex-World Bank chief at GEEF meeting Jim Yong Kim, former president of the World Bank, speaks during the Global Engagement and Empowerment Forum (GEEF) on Sustainable Development at Yonsei ...

The World Bank won't issue its own twice-yearly forecast until June, but Gill said a consensus of global economists showed sizeable downgrades in forecasts for growth and trade.

World Bank Group (WBG) President Ajay Banga is due in Asunción Tuesday for a historic visit to Paraguay, the first by a man in his position in nearly 50 years since Robert McNamara’s in 1976.

President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world ...