Governance
Hélène Rey to head BIS monetary and economic department
Scholar of international monetary system will replace Hyun Song Shin later this year
Nearly 450 staff to leave BoE under cost-cutting plans
Central bank says it is targeting £45 million in savings this year
Suspended BCB officials named in Banco Master probe
Former member of rate-setting committee allegedly provided advice to owner of collapsed lender
Bangladesh Bank faces fresh questions over independence
Experts question governor’s affiliations after activists petition Supreme Court to have him removed
Book notes: The doom loop, by Eswar S Prasad
A persuasive analysis of a new world disorder that will bring an end to central bank independence
ECB’s Donnery casts doubt over mooted competitiveness mandate
Secondary objective would ‘muddy the waters’ about bank’s role as supervisor, board member says
Bank of Russia sues EU in Luxembourg over asset freeze
Legal battle between Moscow and Brussels continues as bank reserves stay immobilised
Swiss National Bank’s profits down in 2025
Losses on FX holdings dwarfed by gold gains to enable bank to post Sfr26.1 billion profit
People: Braddick to take charge at UK’s prudential watchdog
Plus: BoE also appoints first executive director for monetary policy
Norges Bank makes Nkr26.2bn loss on back of appreciating krone
Annual report says bank is continuing to modernise settlement system and research CBDC
ECB posted €1.3bn loss in 2025
Reserves grew by €13.6bn while central bank thinned balance sheet by €37.3bn
Ueda hints at further rate hikes after dovish BoJ appointments
Analysts expect board’s stance to change little after PM nominates two new policy-makers
Romanian governor targeted by new deepfake
Fake advertisements push financial investments using Mugur Isărescu’s imagery
Changing of Lagarde: who might take over at the ECB?
De Cos and Knot among contenders, following reports that president may be stepping down early
IMF: shareholders must absorb Lebanon’s bank losses first
Effort to repay depositors cannot undermine public debt sustainability, fund says after mission
People: Change at the top in South Sudan
Plus new appointments in Austria, Romania and at the ECB
Suspended Bulgarian deputy appointed as caretaker PM
Country’s president says Gurov is only candidate not tainted by association with outgoing government
RBNZ welcomes external probe into Covid-era monetary policy
Finance minister says bank’s easing and asset purchases caused ‘decades-high inflation’
Central bank independence ‘a means to an end’ – Miran
Fed governor says autonomy increases chances of monetary policy being aligned with business cycle
Riksbank’s Seim: helping foreign central banks has ‘major’ impact
Deputy governor says institution is working with its Palestinian and Ukrainian counterparts
Banque de France governor unexpectedly steps down early
Villeroy de Galhau to take on new role at non-profit foundation