CHAT

Friday, 20 September 2019

World Bank

The World Bank is an international financial institution that provides loans to developing countries for capital programs. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group, which is part of the United Nations system.

The World Bank's official goal is the reduction of poverty. However, according to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of Capital investment.

World Bank Group

The World Bank is not to be confused with the World Bank Group, an extended family of five international organizations:

International Bank for Reconstruction and Development (IBRD)

International Development Association (IDA)

International Finance Corporation (IFC)

Multilateral Investment Guarantee Agency (MIGA)

International Centre for Settlement of Investment Disputes (ICSID)

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/World_Bank

Latest News for: World bank bonds

Edit

ECB considers probe of Deutsche Bank's 'bail-in' bonds

Irish Independent 19 Sep 2019

0 Comments ECB considers probe of Deutsche Bank's 'bail-in' bonds ... https.//www.independent.ie/business/world/ecb-considers-probe-of-deutsche-banks-bailin-bonds-38511956.html ... The bonds, which emerged after the ... However, it may defeat the purpose if the bank itself holds the bonds....

Edit

Powell says U.S. Fed would not use negative rates as policy tool

Xinhua 19 Sep 2019

central bank would not use negative rates as a tool to stimulate the economy in the future, citing similar decisions during the 2008 financial crisis ... central bank chief ... World Bank President David Malpass on Tuesday expressed his concern about low-yielding bonds and "frozen capital," noting that over 15 trillion U.S....

Edit

GLOBAL MARKETS-Shares inch higher after Fed cut, BOJ keeps powder dry

CNBC 19 Sep 2019

*Europe's shares inch higher after Fed rate cut. LONDON, Sept 19- A positive start in Europe nudged the main world share indexes and bond yields higher on Thursday, after the U.S. The Bank of Japan and Switzerland's central bank then both kept their deeply negative interest rates on hold ... ....

Edit

FRIDAY, SEPTEMBER 20, 2019

Korea Times 19 Sep 2019

622-Mohammad's Hegira ... 1777-Paoli massacre ... 1873-Panic sweeps NY Stock Exchange (railroad bond default/bank failure). 1942-Gunther Hagg becomes world champ of all records from 1500m to 5000m ... ....

Edit

World Bank chief urges structural reforms amid slowing global growth

Independent online (SA) 18 Sep 2019

INTERNATIONAL – World Bank President David Malpass said Tuesday that global growth prospects are weakening, and investment growth is slowing down, ... Global growth and investment are slowing with a substantial amount of capital frozen in low-yielding bonds, the World Bank chief said....

Edit

Kerala's Rs 250-million Green Bond move could wither in shadow of CAG audit row

International Business Times 18 Sep 2019

Green bonds fixed-income securities that raise capital for are environment-friendly projects that substantially help reduce carbon emission, the report says ... While the formal launch of the Green Bonds issue is expected soon, the International Finance Corp, the investment arm of the World Bank, has already made an initial commitment....

Edit

Santander launches blockchain bond on public Ethereum blockchain

Yahoo Daily News 15 Sep 2019

Spanish banking giant Santander today announced the launch of a $20 million blockchain bond that runs on the public Ethereum blockchain ... For example, The World Bank, which claimed to have issued the first-ever blockchain bond, issued it on a private version of Ethereum. ....

Edit

Are Central Banks Losing Their Economic Clout?

Barrons 14 Sep 2019

But a significant shift may be at hand for the Fed and the world’s other major central banks ... Bonds ... After betting against growth, Lapthorne argues, investors should be buying “cyclical upside.” That would include bank stocks, automobile shares, and Japanese and value stocks—“which, by definition, is a portfolio of the world’s problems.”....

Edit

Santander executes first ever bond issue on Ethereum blockchain

Cryptopolitan 12 Sep 2019

In a first, Santander, a major Spanish bank, has issued $20 million bond issue on Ethereum in tokenized form and settled the sale using ERC-20 tokens from another custody account ... In early 2019, another such deal was said to be executed by Societe Generale and the World Bank via Ethereum....

Edit

The ECB Is Taking Strong Action to Fix the Economy. Bonds Are Back in Fashion.

Barrons 12 Sep 2019

Bond yields dropped around the world after the European Central Bank unveiled an ambitious stimulus package—including a bond-buying program—to stave off an economic slowdown ... Bond yields dropped around the world after the European Central Bank unveiled an ambitious stimulus package—including a bond-buying program—to stave off an economic slowdown....

photo: AP / Michael Probst

The President of the European Central Bank Mario Draghi speaks during a press conference following a meeting of the governing council in Frankfurt, Germany, Thursday, Dec. 13, 2018

Edit

ECB Took Strong Action to Avoid a Recession. Bond Prices Are Rising.

Barrons 12 Sep 2019

Edit

Deutsche Bank is first to settle bond-rigging lawsuit, amid federal probe

Yahoo Daily News 12 Sep 2019

NEW YORK (Reuters) - Deutsche Bank AG <DBKGn.DE> will pay $15 million to ... Investors including Pennsylvania Treasurer Joe Torsella accused several of the world's largest banks of exploiting their market dominance to overcharge for Fannie Mae and Freddie Mac bonds from Jan....

Edit

How Making Smart Financial Decisions Can Have a Positive Impact on Climate Change

Time Magazine 12 Sep 2019

There’s a lot of responsibility that comes with managing a fund with $1.5 trillion in assets—a responsibility that Japan’s Government Pension Investment Fund (GPIF), the largest pension fund in the world, faces every day ... In partnership with the World Bank Group, we have worked to cultivate the green bond market....