Mrs Clinton has publicly said before that she does not plan to stay on at the State Department for more than four years and it was alleged that she was keen to become head of the World Bank should current president, Robert Zoellick, leave in 2012 at the end of his term.
'Hillary Clinton wants the job,' one source close to the former First Lady told Reuters, an allegation which was confirmed by two other associates.
One of the sources added that President Obama has already expressed support for the change in her role.
It was even suggested that Obama may have formally agreed to nominate her for the post, which would require approval by the 187 member countries of the World Bank.
The White House declined to comment on the rumours, but Clinton's spokesman swiftly responded saying they were not true.
Clinton's spokesman, Philippe Reines, told The Washington Post: '100% untrue, Reuters is wrong.' Read More