Central Banking

Kings of cash to get a new chief

James Hussey, a managing director at De La Rue, the world's biggest banknote printer, will take the helm at the firm in the new year.

Hussey, who is the managing director responsible for security, paper and print, will replace Leo Quinn, the current chief executive, who has headed the company since 2004.

Hussey has been at the firm for 25 years, joining from Oxford University. He became head of the security, paper and print departments in 2005, and before that was managing director of the

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FedNow – at last

The instant payment system might help fix the US’s rusty payment rails, but it also faces competition, says Dave Birch

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