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Lebanon has picked former HSBC managing director, Karim Souaid, as its new central bank governor, to lead a policy overhaul and kickstart an economic recovery. Bloomberg's Paul Wallace reports on the reaction to the appointment plus a suspected US airstrike on Houthi-controlled areas in Yemen.
(Source: Bloomberg)...
Lebanon has appointed asset manager Karim Souaid to the post of central bank governor Thursday as the government tries to reform the economy after months of war and decades of mismanagement and corruption......
Lebanon selected Karim Souaid as central bank governor, picking a private-sector finance specialist to lead a long-delayed overhaul of the financial sector and kickstart an economic recovery....
A Lebanese judge has ruled that the country's former central bank chief will remain in jail while facing charges of embezzling tens of millions of dollars from state coffers...