Lagarde resigns as IMF chief, starting race for her successor

Reuters | Jul 16, 2019 at 6:53 PM

International Monetary Fund chief Christine Lagarde submitted her resignation from the global crisis lender on Tuesday, citing more clarity about her nomination to lead the European Central Bank as European legislators approved a new top bureaucrat.

Influential Hindu group says India should not issue foreign currency bonds

Reuters | Jul 16, 2019 at 6:39 PM

An influential Hindu nationalist group close to Indian Prime Minister Narendra Modi’s ruling party has demanded his government review its plan to raise money by selling foreign currency bonds.

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  • Influential Hindu group says India should not issue foreign currency bonds (Reuters: Jul 16, 2019 at 4:31 PM)

Goldman Sachs: first principal

Financial Times | Jul 16, 2019 at 5:42 PM

…The most lucrative business at Goldman Sachs right now is also its most ethically fraught. Tensions are coming into sharp focus as the once-dominant Wall Street bank struggles to adapt to a new banking…