Bloomberg Business

Egypt, IMF Seek to Set Date for Mission on Delayed Review

The International Monetary Fund said it’s in “close engagement” with Egypt to set the dates for discussing a much-delayed review of a $3 billion rescue program, citing recent progress on reforms.

IMF Says Up to Eight African Nations Need Debt Help

Africa needs international relief from a vicious funding squeeze that has left as many as eight of its countries requiring debt restructuring, an International Monetary Fund official said.

Russia Resumes Wartime Capital Controls as Putin Nears Elections

Russia’s government is reimposing tougher capital controls over the objections of the central bank, according to people familiar with the matter, acting to keep a closer grip on the ruble as Vladimir Putin prepares for presidential elections.

Ex-Barclays CEO Staley ‘Recklessly’ Misled Watchdog, Probe Finds

Former Barclays Plc boss Jes Staley has been fined £1.8 million ($2.2 million) and banned from the UK financial services industry after “recklessly” misleading regulators and the bank about his relationship with the late financier and sex offender Jeffrey Epstein.

FTX Bribes, Dating Diary, False Records: Ellison Testimony

Caroline Ellison, the former chief executive officer of Alameda Research, outlined for a New York jury Wednesday how she worked with Sam Bankman-Fried to deceive lenders and customers to build his multi-billion dollar cryptocurrency empire — and their failed attempts to prevent a spectacular collapse.

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