Governance
Polish legality issue reveals law's flaws
Krzysztof Rybiski, a former deputy president of the National Bank of Poland, has said the arguments over the legality of organisational changes proposed by Slawomir Skrzypek show "serious flaws" in the design of the country's central bank act.
Skrzypek plans may damage credibility: Polish MPC
The National Bank of Poland's rate-setting council has said that organisational changes proposed by Slawomir Skrzypek, the president of the central bank, should be dropped while doubts remain over their legality.
Qvigstad appointed deputy at Norway central bank
Jan Qvigstad, the head of monetary policy at the Bank of Norway, will succeed Jarle Bergo as deputy governor.
Fed profits up 13%
The Federal Reserve System was $38.6 billion in the black for 2007.
Finland appoints new financial markets head
The Bank of Finland has promoted Kimmo Virolainen to the position of head of financial markets and statistics.
Bank of England's King to get second term
Mervyn King has been granted a further five-year term as the governor of the Bank of England.
Indonesian governor a suspect in corruption case
Indonesia's anti-corruption authorities are investigating allegations made against Burhanuddin Abdullah, the governor of central bank, and two other officials.
Second Polish deputy resigns, slams governor
Jerzy Pruski, a deputy governor at the National Bank of Poland, has resigned, citing differences with Slawomir Skrzypek, the governor of the central bank. Pruski's departure follows that of his fellow deputy, Krzysztof Rybiski, earlier this month.
Chinese economist to get senior role at World Bank
In a move set to strengthen ties between the big emerging economies and the Bretton Woods institutions, the World Bank is to appoint Justin Lin, a Chinese economist, as its chief economist.
No more law talk - Israel's Fischer
No more time should be wasted talking about the new Bank of Israel law, said Stanley Fischer, the governor of the central bank.
Tax rules hamper Italian investment funds
Tax treatment severely handicaps Italian investment funds with respect to their foreign competitors, said Mario Draghi, the governor of the Bank of Italy.
Bank governance strengthened by independence
Independent directors at commercial banks can provide an important internal governance mechanism for protecting shareholders' interests especially in large-scale transactions such as mergers and takeovers, research published by the Kansas City Federal…
Tony Solomon, former NY Fed president, dies
Anthony M. Solomon, a former president of the Federal Reserve Bank of New York, died last Friday, at the age of 88.
Greenspan joins Paulson & Co
Alan Greenspan, a former chairman of the Federal Reserve, is set to advise Paulson & Co, a hedge fund which made billions last year from betting against the United States housing market.
Tanzania's Ballali fired over central bank fraud
Jakaya Kikwete, Tanzania's president, has sacked Daudi Ballali, the governor of the Bank of Tanzania, after external auditors found massive fraud at the central bank.
Decision supports ECB on counterfeit check
The European Central Bank (ECB) won backing from a French court on Wednesday for the right to use a method to detect fake notes.
New Korean government to leave central bank alone
South Korea's incoming government, elected in December, will respect the Bank of Korea's independence, an official said on Wednesday.
Israeli central bank set for greater independence
Israel's new central banking law will create a more independent institution, said Stanley Fischer, the governor of the Bank of Israel.
Canada names John Murray as deputy
The Bank of Canada has appointed John Murray as a deputy governor.
EU finds flaws in ECB's billion-dollar HQ
The European Union's audit of the eurozone's central bank has found various faults with its plans for the building of its new headquarters.
Al-Wazir starts as Palestine governor
Jihad Al-Wazir began his term as governor of the Palestine Monetary Authority on Tuesday after Mahmoud Abbas, Palestine's president, approved the appointment on Sunday.
Finland's new board member to head research group
Seppo Honkapohja, the latest addition to the Bank of Finland's board, is taking charge of the central bank's research activities.
China names two central bank vice governors
The People's Bank of China announced the appointment of two vice governors on Thursday, Yi Gang and Ma Delun.
China to name Ma Delun as vice governor
The People's Bank of China is set to appoint Ma Delun as vice governor of the central bank, local media reports said on Wednesday.