International Finance Corporation, the World Bank's investment arm, will acquire a 5% holding in MAI-listed Acap Advisory Plc for an undisclosed amount.

Amid the wreckage of the U.S. financial system, a new consensus is taking shape. Old Wall Street is dead. And the new era of finance will be one of much greater regulation and much less risk. The masters of the universe, as author Tom Wolfe dubbed the tit

Working to relieve stressed credit markets, the Federal Reserve has auctioned another $75 billion in loans to squeezed banks, bringing the total to $510 billion since December. The central bank on Tuesday announced the results of its most recent auction -

IF INVESTMENT banking is fine dining banking, consumer banking would be teh tarik banking, Affin Bank Bhd's chief Datuk Seri Abdul Hamidy Hafiz joked.

WASHINGTON (Thomson Financial) - There are obvious, striking and not necessarily encouraging parallels between the subprime mortgage market and the market for community development loans, Federal Reserve Board Governor Randall Kroszner told a community in