Christine Lagarde

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IMF Chief Lagarde Guilty of Negligence, But Given No Penalty

PARIS (AP) – A special French court has declared International Monetary Fund chief Christine Lagarde guilty of criminal negligence in a long-running arbitration case. But the court decided not to punish her or give her a criminal record. The Court

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IMF Chief Lagarde to Hear French Trial Verdict

International Monetary Fund head Christine Lagarde will on Monday learn the verdict in her trial for approving a massive state payout to a tycoon when she was French finance minister.

Christine Lagarde IMF

IMF Boss: Markets Got Brexit Prediction Wrong

WASHINGTON (Reuters) – Financial markets “vastly underestimated” the outcome of Britain’s vote to leave the European Union but did not panic on Friday, International Monetary Fund Managing Director Christine Lagarde said on Sunday. “There was a violent, brutal, immediate massive

Money Laundering Network

IMF: World Cost of Bribes up to $2 Trillion Annually

The International Monetary Fund (IMF) released a report Wednesday finding that annual cost of bribes paid in both developing countries and advanced economies amounts to $1.5 to $2 trillion globally.