Financial Stability

Farewell to Wendelin at Bundesbank

Wendelin Hartmann is presented with a special issue of a German banking journal to commemorate many years service at the Bundesbank and as chairman of the Committe on Payment and Settlement Systems at the BIS.

Macedonia payment systems tender

Macedonia, like many other countries in Eastern Europe, is in the process of reforming its payment systems. It is tendering for IT systems.

Padoa-Schioppa to Head BIS payments committee

Tommaso Padoa-Schioppa, ECB's banking supervision supremo, has been appointed chairman of the Committee on Payment and Settlement Systems (CPSS) based at the Bank for International Settlements in Basel

Interbank rates fall as year-end passes

Pressure on the banking industry eased slightly on Wednesday with spreads between money market and central banks' benchmark interest rates narrowing as the end-of-year liquidity panic passed. The falls indicate that the central banks' efforts to…

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