Catherine Snowdon
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Articles by Catherine Snowdon
King sets out loose monetary policy exit plan
Governor of the Bank of England explains how the UK will unwind from the loose monetary policy measures brought in to support the flailing economy
New Estonian governor sees pay scheme altered
Bank of Estonia Supervisory Board simplifies governor pay structure; removes "monthly supplementary allowances or compensations"
Zambia plans to start printing new currency by May
Bank of Zambia announces printing, minting and distribution of new banknotes and coins will be under way by May 2012
Norway SWF manager surveys companies’ social and environmental risks
Norges Bank Investment Management assesses the social and environmental reporting levels of companies the sovereign wealth fund has invested in or is considering investing in
Kuwait selects new governor from outside country's ruling family
Mohammed Al-Hashel takes over as governor; has been acting governor since Sheikh Salem Abdul Aziz Al-Sabah’s resignation last month
Euro banknotes with Draghi’s signature enter circulation
Mario Draghi's signature appears on circulating euro banknotes as the ECB president expresses faith that situation in Europe is stabilising
Sarb seeks nominations for board of directors
South African Reserve Bank announces procedure for replacing retiring member of board of directors
Lord Kingsdown pays tribute to BoE’s George Blunden
“If he approved, it was likely to be the right answer,” says former governor of the Bank of England; other former central bank colleagues pay respects to man with "highest moral standards"
Bank of Estonia to reveal travel statistics gleaned from mobile positioning data
Estonian central bank has been using data from mobile phone usage for more than three years to assist with balance of payments calculation; only two other European central banks operate similar systems
Ireland replaces credit institutions supervisor
Jonathan McMahon announces decision to return to the UK; Fiona Muldoon, director of insurance supervision to assume responsibility for the supervision of credit institutions
CB.com poll finds support for financial transaction tax
Survey sees 56% of voters support the introduction of a financial transaction tax in Europe
BoE looking 'carefully' at banknote substrate choices
Chris Salmon, chief cashier at the Bank of England, says the possibility of polymer or hybrid substrate banknotes is being looked at by the central bank; no decision made yet
European Central Bank lends $712 billion to banks
ECB doles out €529.5 billion in low interest loans; analysts raise concerns about how effective the second round of the LTRO will be and the market reaction
Central Bank of Hungary governor offers to give up salary
Andras Simor attempts to ease conflict with government; desperate for the country not to lose ability to negotiate with International Monetary Fund over emergency funding
Ukraine picks central banker as finance minister: reports
First deputy governor Yurii Kolobov becomes finance minister; local media reports unconfirmed by official sources
Central banks bought close to 440 tonnes of gold in 2011
World Gold Council unveils report showing large central bank gold purchases in 2011; emerging economies lead the way in rebalancing their reserves to include more of the precious metal
Kuwaiti governor resigns after 25 years as chief
Sheikh Salem AbdulAziz Al-Sabah resigns after a quarter of a century as governor of the Central Bank of Kuwait; reports point to political tensions as cause
Central banks find novel uses for old banknotes
Central Bank of Ireland makes old notes into artwork; National Bank of Hungary offers the decommissioned banknotes to charities to burn for heating purposes
Brazil deputy governor positive about economic future
Aldo Mendes says Brazil is prepared to face global economic deterioration; expects to see final growth figure of 3% for 2011 announced soon
SNB announces year-long delay on new banknotes
Problems with suppliers mean the new Swiss banknotes will not enter circulation until the end of 2013 at the earliest; latest hiccup in long process of renewing the currency
Former BoE policy-makers discuss QE and financial repression
Andrew Sentance joins Fathom Monetary Policy Forum for the first time; joins Rachel Lomax and Ian Plenderleith to discuss quantitative easing and financial repression
BoE's Posen continues crusade for SME credit
Posen laments decline of political interest in plans for credit easing for SMEs in the UK; reaffirms his drive to improve the provision of finance for smaller non-financial corporations
Switzerland investigates need for ‘more specific’ insider trading rules
Head of legal services at the Federal Confederation explains the investigations under way into the circumstances that ultimately caused Philipp Hildebrand to resign as governor of the Swiss National Bank
UK government publishes Financial Services Bill
New legislation to fundamentally change financial regulation in the UK; fears raised that the important issue of the accountability of the Bank of England has not been addressed fully