Articles by Catherine Snowdon
Finland commemorates the end of the markka
New book describes the history of Finnish banknotes and museum exhibition displays competition entries for past currency design contests
Zambia raises capital ratio for banks and rebases currency
Bank of Zambia reveals government decision to hike capital requirements for banks operating in the country; three zeros also to be slashed from value of banknotes
RBI’s Subbarao says eurozone situation better than expected
Governor of the Reserve Bank of India says Indian corporates report better conditions in Europe than feared; central bank lowers cash reserve ratio for banks to ease liquidity situation
Bangladesh makes ‘historic’ female deputy governor selection
First female deputy governor appointed at Bangladesh Bank; Nazneen Sultana becomes one of three new deputy governors at the central bank
Investigation into governing board could delay Swiss governor selection
Thomas Jordan firm favourite to succeed as governor; decision not expected soon as investigation into senior staff's finances continues
Bank of Lithuania sells majority share in CSD
Finnish company buys 60% share in CSD; central bank hopes new investor will progress the depository’s offerings and promote the Lithuanian capital market
Albania approves monetary policy strategy for 2012-2014
Bank of Albania renews monetary policy strategy; offers clarifications and elaborations on previous versions of aims
Zambian parliament ratifies new governor
Zambian politicians agree on candidate to take over the role of governor of the central bank; Michael Gondwe fills void at top of the institution
BoE unveils gloomy Financial Stability Report
Bank of England Financial Stability Report demands banks boost capital levels; King says he initiated talks of co-ordinated swap line action with central banks around the world
Austria's Nowotny under scrutiny in banknote bribery case
Governor Ewald Nowotny and members of the central bank’s supervisory board under investigation; accused of having knowledge of bribery of foreign officials in race to win banknote printing contracts
ECB credibility is damaged, say CBP panellists
Fourth Central Banking ON AIR webinar sees heated discussion over the future of the eurozone; ECB has suffered damaged credibility but independence is unscathed, say panellists
France confirms Cœuré as ECB nominee
Finance ministry puts Benoît Cœuré forward as nominee to replace Bini Smaghi on European Central Bank’s executive board; firm favourite choice confirmed
Banque de France outsources collateral management
French central bank agrees collateral management deal with Euroclear France; entire French banking community will use new system next year
UK Royal Mint unveils Olympic kilo coins
Royal Mint reveals design of first ever coins weighing one kilo; collectors' items designed by esteemed British artists
Greek reversion to drachma easier than euro conversion, say analysts
If Greece were to leave the eurozone it would have to establish a new currency in record time; analysts explain how the process would be simpler today due to technological advances
Sanusi reveals ‘strategic’ decision to hold renminbi reserves
Governor of the Central Bank of Nigeria explains why he made the decision to convert some of the country’s reserves into renminbi; says Nigeria left it “too late” to buy gold
Financial inclusion to figure strongly in new ten-year plan, says Zeti
Bank Negara Malaysia governor Zeti Akhtar Aziz reveals the country’s next 10-year master plan will be unveiled in December; stresses new measures that will focus on enhancing financial inclusion
Bank of England is ‘monetising the deficit’ with QE – Monetary Policy Forum
Former BoE employees agree the latest round of quantitative easing in the UK could be seen as a way of monetising the deficit; panellists stress Greece’s exit from the euro would be catastrophic
Greek debt value halved after marathon EU discussions
New Europe crisis resolution deal brokered overnight in Belgium; EFSF extended, Greek debt cut, banks’ capital to rise and governance increased
ECB announces new T2S start date
European Central Bank announces T2S project to launch in June 2015; key changes demanded by Advisory Group behind delays
Brazil offers scant explanation for rate cut
Monetary Policy Committee’s brief statement cuts benchmark interest rate in Brazil; policymakers say “more restrictive global environment” is reason behind decision
Priorities shift for reserve managers
Central bank reserve managers discuss focusing on safety of investments after the financial crisis; see uncertain future for global financial system
Turkey deputy governor evaluates success of policy moves
Turalay Kenç says decision to act on credit growth in Turkey was necessary; widening the interest rate corridor was a 'successful exercise'