Charles Dallara, managing director of the Institute of International Finance, which represents more than 450 financial institutions, has joined the National Bank of Kuwait SAK’s international advisory board, the Gulf state’s biggest lender said today in an e-mailed statement.
As China’s leaders gather for a once- a-decade leadership change in Beijing likely to elevate Xi Jinping to general secretary of the Communist Party, Bloomberg Television interviews analysts and people who have met the key figures.
Former Citigroup Inc. Senior Vice Chairman William Rhodes said that the 500 billion euros ($634 billion) made available via the European Financial Stability Facility is inadequate, Wirtschaftswoche reported in a preview of an article to be published on Monday, citing an interview.
As Europe struggles to contain its debt crisis, the name of an American dead for more than two centuries is being invoked by those who think euro area nations will have to trade some autonomy for fiscal stability.
Greece’s budget was unraveling, Germany and the European Central Bank were at odds over the fix, revelations of secret meetings and cover-ups were sapping confidence in Europe’s crisis management -- and then came the encounter between Dominique Strauss-Kahn and the maid.