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Governance

Former Bank of Lebanon governor dies

Edmond Naim, who as governor of the Central Bank of Lebanon from 1985-1991, kept the country's finances functioning during the last five years of the civil war, has died at the age of 88.

Philipp Hildebrand to chair the Deputies of G10

Following a proposal by Giulio Tremonti, Italy's Finance Minister and current Chairman of the Group of Ten, Philipp Hildebrand, a member of the Swiss National Bank's Governing Board, was appointed Chairman of the Deputies of the Group of Ten on Monday 23…

RBI group to advise on accounting issues

The Reserve Bank of India plans to establish a small group comprising representatives from the Institute of Chartered Accountants of India (ICAI) and the central bank to discuss matters relating to audit and accounting standards.

NBS chief defends ex deputy

Serbian National Bank Governor Radovan Jelasic has told B92 TV that he does not want to believe that ex deputy governor Dejan Simic received bribes.

Ferguson's banking expertise may aid Bernanke

Although Ben Bernanke will take the reins of the U.S. economy when he takes over as chairman of the Federal Reserve next month; Roger Ferguson may be the one holding the reins of the Fed itself, this article published on Wednesday 10 January suggests.

Who is Ben Bernanke?

Of all the things investors can worry about in the new year, the Greenspan void has to be on the list, according to this article published on Monday 9 January. Bernanke faces not only the risk of unsettling the Greenspan bon ami in global markets, it…

Bernanke Senate vote expected by 31 Jan

The full US Senate will vote on whether to confirm Ben Bernanke as the next Federal Reserve chairman by the end of January, a spokesman for Senate Majority Leader Bill Frist said on Tuesday 10 January.

Burundi central bank gets new governor

Burundi President Pierre Nkurunziza has appointed economist Gabriel Ntisezerana as the new governor of the Bank of the Republic of Burundi (BRB) instead of Gabriel Toyi, official sources said in Bujumbura.

Jean-Pierre Roth to chair BIS Board

The Board of Directors of the Bank for International Settlements (BIS) on Monday 9 January elected as its new Chairman Jean-Pierre Roth, Chairman of the Governing Board of the Swiss National Bank.

Euro 'War of the words' continues

Latvia has poured oil on the fire in the standoff over the Eurozone common currency spelling (EURO) and supported Malta for sticking to its principles in wanting to use the spelling which is correct according to its national language.

Interview with ECB president Jean-Claude Trichet

In recent comments European Central Bank president Jean-Claude Trichet said that monetary policy "cannot resolve all problems by itself". "We need profound structural reforms to increase our growth potential", Trichet warned.

Bernanke may have to grow up fast

Alan Greenspan's first major test came a mere 10 weeks into his tenure as chairman of the Federal Reserve, with the stock market crash of 1987. This article published on Wednesday 4 January looks at the challenges that could face Ben Bernanke when he…

Interview with Hans Tietmeyer

Former Bundesbank president Hans Tietmeyer said in comments published Friday 6 January, that it's too early to pass final judgment on the legacy passed down by Alan Greenspan. "He is an impressive personality. He is open to debate. You can use all…

Bundesbank rejects report of 1,500 job cuts

The German government is planning to cut about 1,500 jobs at the Bundesbank by the end of 2007, Der Spiegel magazine reported, quoting a letter Barbara Hendricks, secretary of state to the finance ministry, sent to Volker Wissing, a member of the lower…

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