IMF says a “global bank” is returning to the Caribbean but will not say which one

By Youri Kemp
Caribbean News Now associate editor

WASHINGTON, USA — In a post published last week by the International Monetary Fund (IMF) on its website, the IMF’s general counsel, Rhoda Weeks-Brown, claimed that a global bank that had left the Caribbean due to correspondent banking concerns had recently decided to come back and re-engage the Caribbean but gave no details of the name of the bank, which Caribbean country it left, or any other particulars of the nature of business or anything that would substantiate the claims in the statement.

The published piece, titled: “Cleaning Up: Countries are advancing efforts to stop criminals from laundering their trillions”, Weeks-Brown wrote: “And in the Caribbean, where the withdrawal of…

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