Governance
Former chancellor criticises BoE’s King
Alistair Darling accuses Bank of England governor of not recognising the “scale of the problem” the UK faced as the financial crisis took hold
Buba’s Weidmann welcomes new president of Hanover branch
Stephan Freiherr von Stenglin is new president of regional branch; takes over from Werner Ehlers who retires
New York Fed announces two new directors
Glenn Hutchins and Terry Lundgren appointed as Class B directors
Vote now: Are central banks losing their independence?
CentralBanking.com is running a poll on whether central banks are losing their independence
Ireland unveils fitness and probity regime
Central bank releases regulations and standards concerning appointment of staff in financial services industry
Estonia reveals governorship candidates
Eesti Pank puts speculation to rest; announces four well-recognised candidates for role of governor
Korea passes revision to central bank legislation
Greatly enhanced financial stability responsibility awaits the central bank; large-scale reorganisation of staff will happen
Nepal launches polymer banknote graft investigation
Parliament demands report from finance ministry and Nepal Rastra Bank; latest country to delve into Australian companies' discrepancies
Allan Meltzer awarded Truman Medal
American economist Allan Meltzer to become only the fourth person to receive the distinguished Truman Medal for Economic Policy
EU no-bailout rule must be strengthened, says Buba
German Bundesbank says eurozone bailout reduces incentive to commit to sound fiscal policy; calls for strengthening of no-bailout rule in EU treaty
RBI’s Subbarao on scaling up corporate governance in emerging markets
Reserve Bank of India governor Duvvuri Subbarao says banks’ special role as financial intermediaries requires special corporate governance rules
Gono warns government against ‘firing harmful, verbal economic gunpowder’
Gideon Gono says no intention to withdraw foreign banks’ licences; rebukes Zimbabwean government for issuing warning of nationalisation
Interview: Jaime Caruana
Jaime Caruana, the general manager of the Bank for International Settlements, talks to Catherine Snowdon about the institution’s role in responding to the financial crisis
Asian Development Bank renews president’s term
Haruhiko Kuroda to remain as head of the Asian Development Bank for another five-year term
Treasury Committee launches inquiry into Financial Conduct Authority
UK Treasury Committee launches inquiry into accountablility of the Financial Conduct Authority; hot on the heels of a similar investigation into the Bank of England
South Sudan replaces governor
Governor steps down and deputy takes over; no reason given
Saccomanni linked to Bank of Italy governorship
Reports emerge of deal between government and central bank to promote Bank of Italy director-general Fabrizio Saccomanni to governor role
Two economists mooted for seat on Fed board
Jeremy Stein and Richard Clarida are being considered for terms on the Federal Reserve board of governors in a bipartisan effort from US lawmakers, writes Blair Baker
Former Bank of Thailand deputy governor named finance minister
Thirachai Phuvanatnaranubala becomes new finance minister; served as deputy governor at central bank
Bank Negara Malaysia deputy governor passes away
Mohd Razif bin Abd Kadir dies; served the central bank for 35 years
RBI governor Subbarao’s term extended
Prime minister approves two-year extension to Duvvuri Subbarao’s term as central bank chief
Fed’s international finance division director leaves
Nathan Sheets leaves the Federal Reserve after 18 years; Steven Kamin to step in as acting director