The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

IMF-World Bank: Snakebite and Bok

They are serious events but the IMF-World Bank meetings always leave plenty of room for frivolities. Investment banks compete to lay on the most lavish parties. Huge amounts are spent to attract the great and the good.

Click on the receipt to enlarge


But what was the hottest ticket in Washington in the third weekend of October? For delegates from England and South Africa, the dates of the meeting presented a major problem. Both teams had reached the final of the rugby world cup. This presented two issues: first, the evening kick off in Paris meant the game would take place during the afternoon meetings in Washington; and second, rugby as a sport has little following in the US, so finding a screen that would show the oval ball game rather than the baseball play-offs was a tough call.

While senior bankers put their support staff on the case, Euromoney came to the rescue, hiring out the appropriately-named Irish Channel bar to show the game.

Almost 150 IMF goers came along to see if outsiders England could defend their title of World Cup leaders against the mighty Springboks. These included the central bank governors of a number of rugby-mad Pacific Island nations. Alas for the English contingent, the South Africans won 15-6 but while English bankers were drowning their sorrows, South African bankers at the event were celebrating.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree