Search For "yellen"
US Treasury Secretary Yellen told bank CEOs more mergers may be necessary,
Updated : 3 years ago IST
The comments from Yellen provided further evidence that Biden officials are starting to warm up to the idea of bank mergers despite concerns from progressives and the administration's own scrutiny of corporate concentration.
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US may default on debt as soon as June 1, Treasury Secy Yellen reaffirms
Updated : 3 years ago IST
"With additional information now available, I am writing to note that we still estimate that Treasury will likely no longer be able to satisfy all of the government's obligations if Congress has not acted to raise or suspend the debt limit by early June, and potentially as early as June 1
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US could run short of cash by June 1 warns Treasury; Biden calls meeting o
Updated : 3 years, 1 month ago IST
Yellen in a letter to members of Congressional leadership regarding debt limit, said that the US will be unable to continue to satisfy all of the government's obligations by early June, and potentially as early as June 1, if Congress does not raise or suspend the debt limit before that ti
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Build consensus on definition of global development challenges, augment Wo
Updated : 3 years, 1 month ago IST
Union Finance Minister Nirmala Sitharaman on Wednesday participated in the roundtable on 'Multilateral Development Bank Evolution: Building Shareholder Consensus' hosted by the US Department of Treasury Secretary at World Bank headquarters.
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Union finance minister Sitharaman participates in roundtable with US Dept
Updated : 3 years, 1 month ago IST
The discussion was focused on the impact of global development challenges like climate change, pandemics, fragility and conflict on development progress, and reforms at the World Bank, according to the Finance ministry.
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Sitharaman, Yellen discuss strengthening India-US economic partnership
Updated : 3 years, 1 month ago IST
Finance Minister Nirmala Sitharaman on Tuesday met with US Treasury Secretary Janet Yellen on the sidelines of the World Bank and IMF Spring Meetings 2023 in Washington.
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First Republic secures USD 30-bn lifeline from largest US banks
Updated : 3 years, 2 months ago IST
The USD 30-billion infusion will give the struggling San Francisco lender much-needed cash to meet customer withdrawals and buttress confidence in the US banking system during a tumultuous moment for lenders, CNN Business said.
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US bails out SVB depositors, says will get all their money back
Updated : 3 years, 2 months ago IST
"Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer," read the statement.
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US Treasury Secretary Yellen rules out bailout for bankrupt Silicon Valley
Updated : 3 years, 2 months ago IST
"And the reforms that have been put in place mean that we're not going to do that again. But we are concerned about depositors and are focused on trying to meet their needs," she added.
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Sri Lankan President welcomes financial assurances from creditors, highlig
Updated : 3 years, 3 months ago IST
Wickremesinghe stated that he and Sri Lanka's Central Bank Governor signed the agreement and sent it to IMF. He noted that a response from IMF is expected this month followed by funds from World Bank and Asian Development Bank.
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FM Sitharaman discusses debt restructuring with heads of World Bank, IMF
Updated : 3 years, 3 months ago IST
Sitharaman co-chaired debt roundtable jointly with IMF MD Kristalina Georgieva and World Bank chief David Malpass. The G20 delegations also had a meeting with tech innovators at IISc.
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China, Russia had reservations on Bali Leaders' Declaration, that's why we
Updated : 3 years, 3 months ago IST
During the press conference held jointly by the finance ministry and the Reserve Bank of India on the G20 Presidency and the outcome of the G20 meeting, the finance minister said, "Indian Presidency got strong support for all our priorities. I am grateful to the US Secretary Janet Yellen
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