Articles by Central Banking Newsdesk
EU to rely on colleges for cross-border resolution
Plans place ‘resolution colleges’ at the fore of attempts to avoid diplomatic wrangling from a cross-border bank's collapse; Barnier keen on harmonisation of insolvency laws but stresses difficulties
King demands collaboration
Bank of England governor Mervyn King says countries must reach collective solution over global imbalances or risk crippling the global economy through protectionist policies
BoJ’s Nishimura favours dual approach to monetary policy
Bank of Japan deputy governor Kiyohiko Nishimura says provision for credit expansions in monetary policy provides degree of flexibility in policy options
RBI: external debts in India rising
Reserve Bank of India Monthly Bulletin shows external debts increased over the second quarter of 2010
IMF: Turkish banks vulnerable to monetary shocks
Fund study shows monetary policy channels in Turkey are severely disrupted when policy is tightened
Norges Bank finds strong oil krone link
Norges Bank study shows strong co-movement between oil prices, krone exchange rate and interest differentials can provide useful benchmark for measuring currency
ADB launches landmark renminbi bond in Hong Kong
Asian Development Bank launches ground-breaking international renminbi bond in Hong Kong; Hong Kong Monetary Authority’s Peter Pang hails likely effects on renminbi trade, settlement
Norway’s global sovereign wealth fund tops Nkr3 trillion
Government Pension Fund Global market value reaches Nkr3 trillion milestone following a weakening krone
Basel Committee sketches regulatory action plan
Basel Committee on Banking Supervision identifies eight issues it is working on as Basel III reform package heads into political sphere
Take more proactive role in macroprudential policy, DSK tells Asia
IMF managing director Dominique Strauss-Kahn says emerging markets should lead by example and complement strong recovery with sound macroprudential policies
CEPR finds bias in fiscal forecasting model
Centre for Economic Policy Research study shows that failure to incorporate changing preferences when modeling fiscal forecasts may create inaccurate predictions
BoE’s Fisher: further QE a possibility
Bank of England rate-setter Paul Fisher says central bank could provide stimulus should conditions warrant it
Bank of Israel: FX intervention successful
Bank of Israel study shows rise in frequency of foreign currency interventions caused depreciation in shekel-dollar exchange rate
Yilmaz: Turkish economy booming
Central Bank of the Republic of Turkey governor Durmuş Yilmaz says growth in Turkey outpaced most emerging markets in second quarter
Bank of Finland shuffles board members’ remits
Bank of Finland distributes Sinikka Salo’s responsibilities; parliamentary overseer wants board to run with three members
Ex-Bank MPC’s Kate Barker joins equity firm board
Former Bank of England Monetary Policy Committee member Kate Barker named non-executive director at Electra Private Equity
US Treasury stalls on decision to name China ‘manipulator’
US Treasury says it will delay publication of report on exchange rates until after G20 gathering in Seoul
ECB’s Bini Smaghi: vital to acknowledge structural flaws
European Central Bank executive board member Lorenzo Bini Smaghi says politicians risk underestimating the need for structural reform
Malaysia’s Ibrahim: bank cooperation key to regulatory reforms
Bank Negara Malaysia’s Muhammad bin Ibrahim says successful implementation of regulatory reforms requires cooperation with banks
Riksbank’s Wickman-Parak: crisis days are over
Riksbank deputy governor Wickman-Parak says central bank can return to conventional monetary policy following convincing economic recovery
Riskier investment strategy rewards GIC
Government of Singapore Investment Corporation Annual Report reports rise in portfolio returns after investment in riskier assets
Basel Committee releases proposals for pay
Basel Committee on Banking Supervision releases guidelines on methodology for compensation practices; says proposals seek to more closely align risk and performance at financial institutions
Academics embark on €1.8m project to predict crises
European Union-funded project will see economists, computer scientists and physicists cooperate in bid to improve financial forecasting
FOMC minutes discuss QE options
Federal Open Market Committee meeting’s minutes discuss possibility of further investment in long-term Treasury securities