Governance
Bank of England operations could leave London under Labour government
Report envisages BoE’s regional offices becoming part of national investment strategy; inflation mandate could also be changed
Adrian Orr to lead RBNZ in 2018
Former deputy takes over at a time when the central bank mandate is being called into question; Grant Spencer sets sights on retirement
David Mayes: 1946–2017
The internationally minded professor was a stalwart of the central banking community
Greek governor attacks ‘politically motivated' accusations
Parliamentary audit cleared Stournaras of failing to disclose assets, Bank of Greece says
People: Fiji appoints deputy; Commission proposes new SRB chair term
Esala Masitabua will become deputy governor in Fiji on January 1, 2018; European Commission proposes extending Elke König’s mandate as chair of the SRB; and more
Portuguese finance minister named new head of Eurogroup
ESM manager praises Mário Centeno as a “passionate economist”
Richmond Fed appoints McKinsey executive its next president
Tom Barkin will serve as a full FOMC member as of 2018
Malaysian inquiry calls for investigation of former PM – local media
Some local media attack inquiry as politically motivated after criticism of current leader
Goodfriend nominated to Fed board
Central bank veteran to fill one of the four vacant spots on the board of governors
Insider León takes Carstens’ seat at Bank of Mexico
León to take over from Carstens at end of week; lengthy selection process saw top contender drop out to run for presidential office
Letter said to be from Malaysia deputy governor alleges bullying
Bank Negara Malaysia deputy resigns early after 31 years’ service
Libyan PM calls for unification of country’s central banks
Eastern branch functions as separate central bank and issues Russian-made currency
BoE says ‘there will always be differences in levels of pay’
Pay gap revelation shows women at the UK central bank are paid over a fifth less than their male counterparts due to fewer women occupying senior management roles
Do not assume history will repeat itself – Yellen
In conversation with Mervyn King, Janet Yellen reflects on her four years in office as Fed chair, saying there was not time for champagne on her first day
IMF says Liberian central bank must make ‘sustained’ reform efforts
Publication of executive summary of report on bank failure is “first step” to transparency
EBA announces move to Paris
The decision will guarantee the “seamless continuation” of its activities, says EBA
People: Yellen to leave Fed in February; Curaçao names temporary governor
Janet Yellen to step down from Fed board; retirement crisis sees flurry of appointments at Curaçao and Sint Maarten; Carstens hands in chairmanship at IMFC; and more
Slovene governor: draft law would harm bank’s independence
Government’s action is the latest move in its dispute over bank bail-ins
People: Riksbank appoints new head of financial stability
Sweden confirms the head of financial stability; BIS appoints new advisory board; Ukraine has new director of payment systems; and Angola reshuffles board of directors
Race to replace Agustín Carstens enters final stages
With less than a month to go before Bank of Mexico governor Carstens retires, analysts review potential candidates
Productivity puzzles and the neutral rate of interest
Monetary policy frameworks should be subjected to internal and external reviews to ensure they remain fit for purpose