IMF crisis fund swells to $456bn as BRIC nations pledge cash
The International Monetary Fund has amassed a $456bn crisis fund to help save the eurozone from the financial storm currently besieging it.
The IMF said the BRIC nations had made pledges of $95.5bn at the latest G20 summit, helping the IMF surpass their funding target of $430bn announced in April. The money came with a warning that things...
To continue reading...
Register Now
Join the best informed investment professionals on Investment Week and enjoy:
- Expert analysis from highly regarded columnists.
- An extensive content archive allowing you to build effective propositions for your customers.
- The latest investment news allowing you to stay ahead of your competitors.
More on Economics
May promises no 'cliff edge' Brexit for UK businesses
Will negotiate for transition period
Are 'significantly overvalued' UK bonds a ticking timebomb?
Inflation fell to 2.6% in June
'This will kill chances of rate rise': Sterling falls on surprise inflation drop to 2.6% in June
Falling petrol and diesel prices main contributors
Will the VIX double within a year?
Natixis pair cite a number of risks
More news
Goldman Sachs International's CEO: We are spending money every single day to prepare for Brexit
'Significant' Brexit transitional deal needed
Response to FCA competition study: Why asset managers must embrace change
Rosalyn Breedy, corporate and financial services partner at Wedlake Bell, says UK asset managers should tackle their operating models to develop financial firms fit for the 21st century.
Ruffer trio: The seeds of the next crisis are well past the germination stage
Higher stakes and limited options
May promises no 'cliff edge' Brexit for UK businesses
Will negotiate for transition period
BNP Paribas AM hires former Pioneer CEO for senior sales role
Sandro Pierri joins as global head of client group