Tag Archives: investment bank

AIIB Members Discuss Shareholding & Other Specifics

The $100 billion Asian Infrastructure Investment Bank’s 5th Chief Negotiators’ meeting has ended in Singapore on Friday.
Delegates and representatives from 57 countries which had joined the China-led Bank as founding members have discussed stake-holding, draft of articles and shares in the newly found lender.
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EU Joins BRICS in Defiance to U.S.; South Korea, Luxemburg, Switzerland Coming

The new China-led Asian investment bank, a potential rival to institutions such as the Asian Development Bank and the World Bank, has enlisted more US allies as members after Britain decided to join last week.
Continue reading EU Joins BRICS in Defiance to U.S.; South Korea, Luxemburg, Switzerland Coming