Results tagged “IMF”

Chancellor of the Exchequer Alistair Darling was in Canary Wharf this morning and used the opportunity to criticize the return of the bonus culture.

Mr Darling singled out Goldman Sachs, which reported bumper profits last week, saying it sent out the "wrong signals" with huge pay awards.

Gordon Brown confirmed today the G20 has agreed a fiscal stimulus package of more than $1trillion.

The International Monetary Fund will get $500billion split 50/50 between trade and Special Drawing Rights. There will also be $100billion for multilateral banks to lend to poor countries.

After fiery clashes in the City yesterday (April 1), the world's attention has turned to the meeting of world leaders at the Excel centre in Royal Docks.

Topics under discussion include a strengthening of regulation and the promotion of integrity in financial markets.