Knight departure prompts BIS governance queries

A leading German daily has questioned the integrity of the Bank for International Settlements (BIS) after it emerged that Malcolm Knight, the departing general manager, will not take gardening leave before joining Deutsche Bank, a leading global bank.

Knight said on Friday that he would step down at the end of September. He will begin working at Deutsche Bank on 6 October.

An article in Handelsblatt, a German newspaper, on Monday suggested that Knight's decision to join Deutsche Bank more or