Governance
SNB turns profit in first quarter following steep loss in 2010
First quarter profits likely to come as relief after criticism that greeted $20.7 billion loss in 2010
Weidmann takes over as Bundesbank chief
Jens Weidmann takes over as head of the Deutsche Bundesbank; signals support for rate “normalisation”
Bank Negara Malaysia sets up shop in Beijing
Bank Negara Malaysia signs agreement with People’s Bank of China to open representative office in Beijing
Mexico chooses new deputy governor
Bank of Mexico chief economist Manuel Ramos Francia appointed deputy governor
More change at the Bank of Lithuania
New deputy chairman of the board of the Bank of Lithuania appointed; in the same week as new governor starts
Co-founder of Central Banking dies
William Clarke CBE was a co-founder and former chairman of Central Banking Publications
Central banking both an art and science: Trichet
European Central Bank president Jean-Claude Trichet says policymakers need formidable analytical capacities and good judgement
Italy's Draghi seals Sarkozy's support for ECB job
French president Nicolas Sarkozy backs Bank of Italy governor Mario Draghi to succeed Jean-Claude Trichet as head of the European Central Bank
Kosovo’s acting governor to take helm of central bank permanently
Kosovo selects acting head of Central Bank of the Republic of Kosovo Gani Gërguri to replace former governor Hashim Rexhepi
Fed historian Meltzer scoops 2011 Bradley Prize
Author of definitive history of the Federal Reserve Allan Meltzer to receive a 2011 Bradley Prize
Role of Fannie, Freddie failure in crisis has been underplayed: ex-Fed’s Warsh
Recently departed governor Kevin Warsh tells Central Banking that decision to take government-sponsored enterprises into state ownership had significant ramifications
RBA governor ahead of HKMA chief on pay scale
Reserve Bank of Australia governor Glenn Stevens overtakes Hong Kong Monetary Authority chief executive as one of the highest paid central bank heads
Ex-Italy governor should face prison, says prosecutor
Italian prosecutor demands three-and-a-half year jail sentence for former Bank of Italy governor Antonio Fazio’s alleged involvement in failed Banca Nazionale del Lavoro takeover
BoE stability committee sets June date for first meet
Bank of England’s Financial Policy Committee to meet in mid-June; governor to hold press conference
Lithuania’s new governor outlines challenges ahead
Well-balanced, sustainable growth the priority, Vitas Vasiliauskas, new governor of the Bank of Lithuania, tells CentralBanking.com; plays down meeting Maastricht criteria
Interview: Vitas Vasiliauskas
Well-balanced, sustainable growth is the priority target, new governor of the Bank of Lithuania tells CentralBanking.com
Malaysia reappoints Zeti as governor
Bank Negara Malaysia announces reappointment of Zeti Akhtar Aziz as governor. She will serve for another five-year term
Officials gather in DC for IMF/World Bank spring meet
IMF/World Bank spring meetings address global economy and financial stability, governance progress and Japanese disaster
Denmark hires assistant governor, promotes two department heads
Jens Lundager returns to central bank as assistant governor and head of financial markets; Karsten Biltoft and Frank Nielsen promoted to director level
Asian Development Bank chief wants another term
Haruhiko Kuroda, the president of the Asian Development Bank, intends to run for re-election
South Africa’s chief banking regulator to retire early
South African Reserve Bank’s Errol Kruger to leave in the summer
Turkey appoints new governor
Turkish President Abdullah Gül approves government motion to appoint deputy governor Erdem Basci as head of central bank