As president of the Federal Reserve Bank of New York, he favored flooding the financial system with cash to restore confidence among investors.
Tag: Banking and Financial Institutions
French Bank Will Study Role in Haiti After New York Times Report
The C.I.C. bank siphoned millions in fees and interest from the island’s treasury in the late 19th and early 20th centuries, an investigation found.
Juan Carlos, Former King, Returns to Spain
The former monarch left his country in the wake of fraud investigations, which have since been dropped, and now lives in the United Arab Emirates.
Hezbollah Loses Majority Bloc in Lebanon Election, Results Show
Voters drove out vital parliamentary allies of the militant faction, though not Hezbollah candidates themselves. A dozen new independents won seats.
After Lebanon’s Collapse, Can an Election Fix the Country?
On Sunday, Lebanese voters got their first chance to pass judgment on lawmakers since the economy fell apart. Few expect things to improve.
Treasury Warns Foreign Banks Against Helping Russia Evade Sanctions
Adewale Adeyemo, the deputy Treasury secretary, met privately with international financial institutions to make clear the consequences of sanctions evasion.
Afghans Urge Court Not to Give Frozen Central Bank Assets to Sept. 11 Families
Advocates for the Afghan people say it would be unjust and illegal to use $3.5 billion of Afghanistan’s assets to pay off the Taliban’s judgment debts.
Russian Tycoon Criticized Putin’s War. Retribution Was Swift.
Oleg Tinkov spoke out against his country’s war in Ukraine. Now he is in hiding. In an exclusive interview he said, “I don’t believe in Russia’s future’’ under Vladimir Putin.
As Marine Le Pen Moves Closer to French Presidency, Putin Ties Persist
As elections approach Sunday, the far-right candidate is linked to the Russian president by a web of financial ties and a history of support that has hardly dimmed despite the war in Ukraine.
U.S. Announces Sanctions on Russia’s Largest Banks and Putin’s Adult Children
Sberbank, the largest financial institution in Russia, and Alfa Bank, one of the country’s largest privately owned banks, will face sanctions.