World Bank president Jim Yong Kim speaks to Jane Monahan about the institution's changing approach to investing in infrastructure in developing economies, its national disaster emergency response, and how it is getting more involved in the renewable energy market.
With tax evasion, money laundering and finances for terrorism often concealed in offshore shell companies, the US is introducing rules to shine a light on the owners of these anonymous companies. But the government will not have an easy ride in bringing in the changes across all states, writes Jane Monahan.
The first-quarter results of the US's largest banks exemplifies the difficulties being felt in the fixed-income, currencies and commodities trading space. However, unlike some of their European counterparts, US lenders are not pulling out of the business entirely. Jane Monahan investigates why.
GE Capital was once responsible for more than half General Electric's profit. So why is the conglomerate busy dismantling the international assets of its financial arm?