Embattled World Bank president Paul Wolfowitz will resign at the end of June, the bank board announced tonight.

US President George Bush today seemed resigned to the possibility that World Bank President Paul Wolfowitz could lose his job over conflict-of-interest charges involving his girlfriend.

World Bank president Paul Wolfowitz is reportedly negotiating a deal to resign.

The White House offered an apparent olive branch to international critics over embattled World Bank president Paul Wolfowitz, saying “all options are on the table” about who should lead the bank, even as it continued to defend the former Pentagon number two.

The White House defended embattled World Bank President Paul Wolfowitz today, saying findings that he broke bank rules in arranging a hefty pay package for his girlfriend did not amount to “a firing offences.”

US Secretary of State Condoleezza Rice quietly has come to the aid of World Bank President Paul Wolfowitz, whose job is in jeopardy for his handling of a promotion and pay package for his girlfriend.

A special panel has found that World Bank President Paul Wolfowitz broke bank rules in arranging a pay package and promotion for his girlfriend, it was claimed.

The World Bank's board expressed fresh concerns today regarding bank president Paul Wolfowitz's handling of a hefty pay package for his girlfriend.

World Bank president Paul Wolfowitz condemned what he called a “smear campaign” against him and told a special bank panel he acted in good faith in securing a promotion and pay rise for his former girlfriend.

World Bank President Paul Wolfowitz will get an opportunity next week to address a panel that is investigating whether he properly handled a promotion and pay package for his girlfriend.

Calls for the resignation of World Bank President Paul Wolfowitz grew today as the European Parliament voiced its displeasure over allegations that he arranged a promotion and big pay package for his girlfriend.

World Bank President Paul Wolfowitz has hired a prominent US lawyer as he fights to keep his job after arranging a generous compensation package for his former lover.

EMBATTLED World Bank president Paul Wolfowitz clung to his job yesterday after a stormy week of revelations on a pay scandal involving his girlfriend that is to be examined soon by the organisation’s board of directors.

Embattled World Bank president Paul Wolfowitz said he will continue to lead bank efforts to reduce global poverty, resisting calls to step down over his involvement in securing a huge pay increase for his partner.

WORLD Bank president Paul Wolfowitz said he plans to stay in his job as employees demand he quit over his role in the promotion of his girlfriend.

The woman at the heart of the controversy that has embroiled World Bank President Paul Wolfowitz said she is a victim and was forced into a job transfer because of their relationship.

THE woman at the heart of the controversy that has embroiled World Bank president, Paul Wolfowitz, says she is a victim and was forced into a job transfer owing to their relationship.

The United States has been vocal about the corruption at the United Nations Organisation, the World Bank, and other international institutions.

World Bank President Paul Wolfowitz is facing calls to quit today after he admitted he made a mistake in helping his girlfriend get transferred to a high-paying job.