Bloomberg The International Monetary Fund’s(IMF) executive board completed a sixth review of Sri Lanka’s economic performance, enabling the disbursement of about $164 million in supporting funds. This brought total disbursements under the Extended Fund Facility arrangement to about $1.31 billion, the IMF said in a statement dated November 1 on its website. Sri Lanka’s economy is gradually recovering from the ...

Bloomberg A former Citigroup Inc currency trader told a jury that he plotted with rivals at other banks in chat rooms, on the phone and at social gatherings to rig currency trades while their customers were led to believe they were actually competing with each other. “The purpose was to try to make more money trading,” Christopher Cummins testified in ...

Bloomberg Australia & New Zealand (ANZ) Banking Group Ltd profit was little changed as the lender faced a slowing economy and higher customer-compensation costs. Cash profit from continuing operations was A$6.47 billion ($4.46 billion) in the year ended on September 30, compared to A$6.49 billion the year before, the Melbourne-based lender said. “This has been a challenging year of slow ...