Governance
New BoK head sparks independence fears
Surprise choice of OECD representative Kim Choong-soo seen as way for government to exert control over central bank
New Korea governor emphasises cooperation, but says independence “crucial”
Kim Choong-soo looks to deflect criticism his appointment undermines the central bank’s autonomy
Interview: Kim Choong-soo
New Bank of Korea governor on independence, collaboration and challenges going forward
SARB’s Marcus reminds shareholders of responsibilities
South African Reserve Bank governor Gill Marcus says shareholders who try to profit from their stock ignore the greater good of the country
The Bank’s balance sheet during the crisis
Bank of England’s markets chief sets out how size and composition of balance sheet has changed
ECB to assist Bosnia’s bid for EU accession
European Central Bank will help Bosnian central bank improve key areas such as statistics and research to prepare for the country’s accession to the European Union
Yellen to replace Kohn as Fed vice chair?
Obama administration likely to pick arch dove to replace Kohn
Brazil’s Meirelles faces renewed tax fraud allegations
Brazilian central bank chief Henrique Meirelles could be investigated for the second time on tax crimes after attorney-general’s office asks Supreme Court for a probe, Meirelles unfazed
We know better now: Canada’s Carney
Bank of Canada governor Mark Carney reviews lessons learnt as the central bank celebrates its 75th anniversary
Argentine governor clings on to job as politicians splinter
Argentine Senate postpones vote on rejecting new governor Mercedes Marcó del Pont to next Wednesday after opposition factions disagree
Stelmakh to remain Ukraine chief for now
National Bank of Ukraine governor Volodymyr Stelmakh will remain in office for the time being having overstayed term limit by three months, according to new prime minister
Fischer offered second term: reports
Local media says premier Netanyahu has asked Bank of Israel governor Stanley Fischer to stay on
Canada names Longworth’s successor, deputy Duguay to retire
Bank of Canada appoints special adviser Jean Boivin as deputy governor to fill vacancy created by David Longworth’s retirement, Pierre Duguay also to leave the central bank
SARB will not be nationalised: Treasury
South African finance minister Pravin Gordhan dismisses talk of placing the central bank under state ownership, condemns shareholders’ tactics to force state takeover
SEC chief economist quits for private sector
Securities and Exchange Commission head economist James Overdahl will start as deputy head of a Washington consultancy at the end of March
ECB names new statistics head
European Central Bank says Aurel Schubert of the Austrian central bank will be the new chief of its statistics directorate
Interview with Takatoshi Ito
Takatoshi Ito, a professor at the University of Tokyo, discusses whether recent comments by Japan’s finance minister undermine the central bank’s independence
Noyer to chair BIS board
Banque de France governor succeeds Guillermo Ortiz as chairman of Bank for International Settlements’ board
ECB surplus drops more than 16%
European Central Bank reports a €2.218 billion surplus, and a €2.25 billion profit, pinning fall in interest income to low rates on dollar assets
Norway’s wealth fund smashes profit record
Norway’s Government Pension Fund–Global sees a 25.6% return on its investments for 2009, trumping the benchmark portfolio by more than four percentage points
Swiss stabfund losses wipe out UBS equity
Revaluation wipes more than $5.6 billion off the value of SNB’s toxic-asset portfolio
Argentine Senate set to reject governor
Central bank set to be leaderless again after committee vote against Fernández ally
Lawmakers clash over Fed role in consumer protection
Senior Democrats infuriated over possible revision to regulatory reform bill that would keep consumer protection under the Fed, against original promise
Fernández’s central bank raid finally succeeds
Hours after admitting defeat on emergency decree, President Fernández plunders central banks reserves through new measures