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Bank appoints Magic Circle partner as legal chief
Graham Nicholson, a partner at Freshfields Bruckhaus Deringer, one of the City of London's most prestigious law firms, will become the Bank of England's chief legal adviser at the start of next year.
Call for mutual model to protect UK deposits
Senior City of London figures have called for the UK to set up a deposit protection scheme run by the banks, independently of any financial regulator.
Senate endorses Treasury plan
A large majority of US senators on Wednesday backed the Treasury's $700 billion plan to tackle the financial crisis.
EU economists demand systemic response
A group of Europe's most prominent economists on Thursday urged Brussels to re-capitalise the continent's battered banking sector or risk the crisis spiralling out of control.
Trichet comments raise prospect of December cut
The European Central Bank (ECB) kept rates on hold again on Thursday, but more-dovish-than expected comments from Jean-Claude Trichet, the central bank's president, signalled the Governing Council could cut before the end of 2008.
Phillips curve is flattening
A new paper from the Reserve Bank of Australia finds that the Phillips curve, which measures the relationship between unemployment and inflation, has flattened in recent years.
Atlanta's Lockhart: financial sector matters
A working financial sector matters to us all, said Dennis Lockhart, the president of the Atlanta Federal Reserve.
Fed deserves praise for online efforts
As the international financial system totters, the Federal Reserve banks are making full use of their websites to keep the public informed, says David Bowen, a senior consultant at Bowen Craggs, web advisers.
US can learn from Sweden's banking crisis
A new research paper prepared for the US congress draws lessons for the US from Sweden's banking crisis in the early 1990s.
Why large firms pay more
A new paper from the Bank of Canada analyses wage differentials between small and large firms.
ECB glossary on payments, clearing and settlement
The European Central Bank has published a glossary of technical terms on payment, clearing and settlement systems in the EU.
Riksbank deputy to step down
Irma Rosenberg, the first deputy governor at the Riksbank, will leave the institution at the end of the year.
EU reveals plans for tougher rules for banks
The European Commission wants to impose more stringent rules on European Union banks in a bid to make the region's financial system more stable.
Riksbank striving to inform public on crunch
The Riksbank is providing and updating a list of questions and answers on the financial turmoil.
FDIC pushes for more deposit insurance
The Federal Deposit Insurance Corporation (FDIC), which manages the US's deposit insurance fund, has added its support to calls for Congress to raise the guarantee on deposits.
RBI quashes rumours second-biggest bank at risk
The Reserve Bank of India on Tuesday moved to soothe concerns that ICICI Bank, a Mumbai-based lender, was in trouble after reports emerged of a run on the bank.
Trichet on the turmoil
The root of the problems in many financial institutions was their inability to adequately assess the risks associated with their exposures, said Jean-Claude Trichet, the president of the European Central Bank.
Trichet: Slovakia should go further with reforms
Slovakia's government should implement structural reforms to foster price stability, said Jean-Claude Trichet, the president of the European Central Bank.
Investing in beautification pays off
A beautiful city will attract more highly-educated individuals and experience faster house-price growth, finds a new paper from the Philadelphia Federal Reserve.
Central Bank of Jordan - Annual Report 2007
Jordan's foreign currency reserves reached all-time record high of $6.9 billion last year, the country's central bank says in its latest Annual Report.
Malaysia's Zeti to head BIS's Asia Council
Zeti Akhtar Aziz, the governor of Bank Negara Malaysia, is to chair the Bank for International Settlements' (BIS) Asian Consultative Council.
HKMA offers emergency liquidity
The Hong Kong Monetary Authority (HKMA) on Tuesday announced five steps to counter paralysis in the territory's money markets.
European authorities rescue Dexia
The Belgian and Luxembourg authorities on Tuesday presided over their second bank bailout in as many days, rescuing Dexia, the world's largest lender to local government, along with their French counterpart.
Ireland guarantees all deposits, halts share slide
The Irish government has taken the highly unusual step of guaranteeing all bank deposits in a bid to abate stresses in the Irish financial system which have triggered a loss of confidence in the country's banks.