The managing director of the International Monetary Fund, Christine Lagarde, met Monday morning with Peruvian President Ollanta Humala in Lima, the Peruvian capital. It was her first stop in a Latin American trip that also will include Mexico and Brazil.
International Monetary Fund Managing Director Christine Lagarde sounded the alarm Thursday that global economies are in a "dangerous phase," in her first major speech in Washington since taking over as fund chief.
A French court will investigate International Monetary Fund chief Christine Lagarde to determine her role in a financial dispute, Gerard Palisse, president of the investigative committee, said Thursday.
Christine Lagarde, recently chosen as the new managing director of the International Monetary Fund, said that employment will be her key focus, even more than the fiscal deficits that have swamped the world economy.
The International Monetary Fund could name a new managing director as early as Tuesday, choosing between contenders French Finance Minister Christine Lagarde and Mexican Central Bank chief Agustin Carstens.
French Finance Minister Christine Lagarde announced her bid to become head of the International Monetary Fund Wednesday after its former managing director, Dominique Strauss-Kahn, resigned in the wake of charges he tried to rape a hotel maid in New York.
The International Monetary Fund whittled the candidate pool for its top post Monday, saying it would consider just two contenders, French Finance Minister Christine Lagarde and Mexican Central Bank chief Agustin Carstens.
French Finance Minister Christine Lagarde just wrapped up two days in China, her latest stop on her world tour to woo emerging nations to support her candidacy for chief of the International Monetary Fund.
As the search for the next head of the International Monetary Fund continues, French Finance Minister Christine Lagarde, a leading contender, met with Indian leaders in New Delhi on Tuesday to garner support for her bid.
French Finance Minister Christine Lagarde paid a visit to Brazil's capital Monday, making overtures toward developing nations to support her bid to become the first female president of the International Monetary Fund.
French Finance Minister Christine Lagarde announced her bid Wednesday to become head of the International Monetary Fund, after its former managing director Dominique Strauss-Kahn resigned in the wake of charges he tried to rape a hotel maid in New York.
Banks in France, including non-French ones, will no longer be allowed to offer guaranteed bonuses to traders and other staff under new rules announced Nov. 5. The only exception is for signing bonuses for new employees, and they are limited to a maximum of one year.
France Telecom, which faces a political storm over a spate of employee suicides, on Monday appointed Stephane Richard, a former top aide of France's economy minister, as deputy chief executive of the telecoms group.
French Prime Minister Francois Fillon unveiled further details Monday of a 26 billion-euro ($33 billion) business stimulus package which his government hopes can stall falling growth and prevent the country joining other major European economies in recession.
European finance ministers agreed Tuesday to raise the minimum guarantee of bank deposits to 50,000 euros ($68,600) across all EU member states and to work together on measures to address the credit crisis.
A French government report into the massive losses at Societe Generale says banks should have greater suspicion about employee fraud and do a better job of notifying the government when the issue arises.
The trader accused of making fraudulent transactions that cost French banking giant Societe Generale €4.9 billion ($7.2 billion) is being questioned in the case, the French national police said Saturday.
A 24-hour walkout by French civil servants has coincided with the seventh straight day of crippling strikes by transit workers, putting further pressure on the French government to negotiate an end to the weeklong walkout.
France's love affair with ideas has gone too far and it is time for the country to quit thinking and get to work, Economy Minister Christine Lagarde said Tuesday as she plugged a tax plan aimed at boosting the economy.