Yellen will advocate for more changes to the World Bank this year
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Yellen will advocate for more changes to the World Bank this year

Janet Yellen, the U.S. Treasury Secretary, will urge the World Bank on Wednesday to implement further reforms this year to enhance its capability to assist developing nations in tackling global issues like climate change. On Wednesday, Janet Yellen is leading discussions with global financial officials to explore methods for the World Bank and other multilateral…

US nominee Ajay Banga to face World Bank board interview in early May, according to sources
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US nominee Ajay Banga to face World Bank board interview in early May, according to sources

According to two sources with knowledge of the matter, the executive board of the World Bank will conduct a formal interview with Ajay Banga, who has been nominated by the United States to succeed David Malpass as the president of the multilateral development bank. The interview is scheduled to take place in early May. Sources,…