HSBC List Shows Putin Allies, Drug Lords Used Swiss Secrecy
The private-banking unit of HSBC profited for years handling secret accounts whose holders included drug cartels, arms dealers and fugitives, says a report released Sunday.
Women, Money and the Confidence Gap
In recent years, banks, brokerage firms and fund companies have pulled out all the stops to make women more confident about money.
What Happens to Fixed-Income ETFs With Debt at $18 Trillion?
Some holdings could be vulnerable to the shenanigans of politicians.
Better Economic Times Ahead for Greece?
Greece’s economy is finally showing some signs of recovery, and it can be attributable to many things.
Lagarde Seeks IMF Relevance in Southeast Asia
After the 1997 Asian financial crisis compelled some countries to adhere to IMF austerity policies, feelings ran high against the institution and spurred nations in the region to take steps to handle their own financial well-being.
Greece Gets Two More Years to Hit Deficit Targets
International Monetary Fund Director Christine Lagarde protested the extension of the deadline for Greece to cut its debt to a “sustainable” level to 2022, saying that the target date “has to be 2020.”
IMF Says Greece Needs More Time, Possible Debt Reduction
Christine Lagarde and Wolfgang Schaeuble are locking horns over Greece.
Cut Greece Some Slack: Creditor Group
The catch, the group's managing director says, is that leniency should be granted only after Greece has managed to deliver on the requirements already in place for it to get its bailout.
ECB Cuts Rates to 0.75%, Deposit Rates to Zero
The European Central Bank (ECB) cut its benchmark rate from an already-low 1% to a new record of 0.75%, in the hope that it would kickstart an economy on the skids.
G-20 Boosts IMF Firewall, Pressures Germany
At the summit meeting of G-20 leaders in Los Cabos, Mexico, the focus was on strengthening the firewall of the IMF and pushing Germany to relent on pooled debt and increasing deficit spending.