WASHINGTON, July 1 (Reuters) - The World Bank board of directors on Wednesday approved $265 million in financing to support construction of a new pumped hydropower storage ‌plant in Morocco, two days ...

The bank said it would no longer abide by its commitment to direct 45 percent of its financing to climate-related projects. The World Bank is ditching its commitment to steer 45 percent of its ...

WASHINGTON, June 29 (Reuters) - The World Bank Group said on Monday it will "retire" its previous goal ‌to devote 45% of its annual lending resources to projects with climate co-benefits, but extend ...

Financial regulation "cliffs," such as the one imposed by the Durbin Amendment, create terrible incentives. Congress should step in and reform the various measures that rely on such imprecise triggers ...

The largest U.S. banks plan to launch a tokenized deposit network next year, an attempt to stave off threats from crypto companies that are seeking to wade deeper into their territory under President ...

Three forces – spreads, speed and optimization – are reshaping how banks think about liquidity, and together they mark a shift from passive defense to active balance sheet management. Regulators are ...

Kevin Warsh has made his first two hires after his swearing-in as Federal Reserve chair last month, according to a person familiar with the matter. The two men, Paul Winfree and Daniel Heil, are ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Hundreds of millions of dollars ...

Project Agorá, backed by the Bank for International Settlements, found that tokenizing central bank reserves and commercial bank deposits could significantly improve the speed and reliability of ...

NASHVILLE, Tenn. (WKRN) — The East Bank Development Authority is highlighting where the development stands in the first quarter of 2026. EBDA officials said they are partnering with the Tennessee ...

April 2026 marks just under one year until the new Titans Stadium is complete, and two years since Nashville's Metro Council approved the East Bank development agreement with the Fallon Company. The ...

A Minnesota community bank that's owned by the founder of a wealth management fintech is restructuring its C-suite in a bid to further its national digital banking strategy. Processing Content B2 Bank ...