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COP28
World Bank leader says climate loss and damage fund is a ‘beginning’
...In his opening address, the UK’s King Charles said that “public finance alone will never be sufficient” to address the huge challenge the world faced in shifting to greener energy and adapting to global...
December 1, 2023
Moral Money
New climate cash pledges from rich nations fall short Premium content
...As the institution’s head Ajay Banga pointed out in a speech just last month, “currently, a World Bank project takes 27 months — on average — before a single dollar gets out the door”....
December 1, 2023
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
FT Swamp Notes
India will never be America’s ally Premium content
...Ajay Banga, the former chief executive of Mastercard, is about to become the next World Bank president. Now name me one China-born chief executive of a US-based multinational....
May 5, 2023
News in-depthIndian business & finance
India’s shadow banking crisis raises spectre of contagion
...At the turn of the millennium, a group of entrepreneurs in their twenties banded together in a cramped office near a New Delhi bus terminal to start what they hoped would be India’s answer to Charles Schwab...
October 30, 2019
US & Canadian companies
US consumer spending boosts card groups
...Earlier this month, Visa named Charles Scharf, the former head of retail banking at JPMorgan Chase, as Mr Saunders’ successor....
October 31, 2012
FT PeopleLondon fights for its future
Deutsche abuzz on Jain successor
...Mr Banga also sits on the boards of Thomson Reuters and Maruti Suzuki India....
July 12, 2011
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK

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