Financial Stability
Fed’s Tarullo warns against another Glass-Steagall
Fed governor Daniel Tarullo says split between investment and commercial banking would do little to abate too-big-to-fail problem
Morocco to cap reform with price target
Governor tells CentralBanking.com that Bank Al-Maghrib is preparing to adopt inflation target
Interview with Abdellatif Jouahri
The governor of Bank Al-Maghrib talks to CentralBanking.com about the success of the country’s financial reform efforts
Ex-RBI’s Reddy: roll back financial globalisation
Former governor of the Reserve Bank of India calls for creation of new Bretton Woods institution
Social contract needs a revamp
Bank of England’s Andrew Haldane finds that social contract between banks and the state needs to revised
RBA’s Lowe: approaches to financial stability vary
Reserve Bank of Australia’s Philip Lowe says there is no one-size-fits-all approach to financial resilience
Bagehot in the beginning
Norges Bank research charts the development of lender-of-last-resort support in the mid-19th century
Financial regulation needs unorthodoxy – Gopinath
Reserve Bank of India’s Shyamala Gopinath says financial regulatory framework needs to move away from orthodoxy
Pillar 3 crucial for bank safety
Bank of Finland examines the combined effect of the Pillar 1 minimum capital requirements and Pillar 3 disclosure requirements of Basel II on bank safety
Interview: Heng Swee Keat
In an exclusive interview, the managing director of the Monetary Authority of Singapore discusses the impact of the financial crisis and how monetary and regulatory policies will change as a result
UBS bailout a success so far: head of SNB rescue
Head of Swiss National Bank's stabilisation fund divulges details of UBS bailout, says central bank will take hold-to-maturity approach
Chiang Mai a complement, not substitute to IMF aid
Senior ASEAN official stresses that the regional reserve pool is not intended to replace support from other multilateral agencies
How global imbalances exacerbated the crisis
Riksbank's Barbro Wickman-Parak says imbalances contributed to the rise of complex instruments and structures
Asset price bubbles “catastrophic”: UK Chancellor
Alistair Darling, chancellor of the exchequer, says bubbles must be tackled before they get out of hand
Hong Kong needs “real” central bank: opposition politician
Co-founder of Hong Kong's main opposition says Hong Kong Monetary Authority must be given greater powers if territory is to maintain status as global financial centre
Interview: Robert Mundell
The Nobel Prize-winning economist tells Robert Pringle floating exchange rates lies at the heart of global financial instability
On the record: Paul Volcker
The former Fed chairman tells Congress that the central bank must take the leading role in regulating the financial system
How can central banks avert the next crisis?
Claire Jones moderated Central Banking’s first ever live webinar, which was sponsored by BNP Paribas Securities Services.
Restoring normality to the financial system
John Nugée identifies six key areas that central banks need to consider in attempting to establish the new normal
Interview: Marion Williams
Blair Baker spoke to the governor of the Central Bank of Barbados about the how the crisis has affected the island economy and the challenges she faces
How Yam secured his place in history
Tony Latter assesses the career of the recently retired Joseph Yam at the helm of the Hong Kong’s monetary authority.
Crisis calls for more active regulation : MAS head
Monetary Authority of Singapore's Heng Swee Keat calls for central banks to examine business models and strategies
Spain should hold on tightening fiscal policy
R. Anton Braun, University of Tokyo, compares the current Spanish recession with Japan in the 1990s and looks at the impact of fiscal policy measures
Buba's Weber cautions on leaning against wind
Bundesbank's Axel Weber adds that financial stability is not just a buzzword