The Bank of Israel labor union will meet next week to officially approve "lengthy strikes," Haaretz reported Friday 16 July. Central bank employees struck for one day last May.
Former Federal Reserve governor Laurence Meyer's new book reveals some insights on life inside the Fed. This review says Meyer was advised against saying anything in a speech that might move financial markets. In the book, Meyer writes that Chairman Alan…
Gill Marcus, deputy governor of the South African Reserve Bank, left her post on 30 June at the end of her five year contract, in a move local press reports described as unexpected.
The central bank of Nigeria (CBN) is embarking on a staff audit exercise aimed at fishing out ghost workers on its payroll, Vanguard reported this week. The exercise will cover serving members of staff and pensioners.
Alan Greenspan has just begun another term as chairman of the Federal Reserve, but a number of new hirings suggests a deep pool of potential heirs is being assembled, this article says.
In the interview "My goal for inflation is zero" published this week, St Louis Fed President William Poole talks about the central bank's need to stay ahead of the curve when it comes to rising prices. He also said he believes that Fannie Mae and Freddie…
It's no surprise that President George W. Bush has asked Alan Greenspan to re-enlist for a fifth four-year term as chairman of the Federal Reserve, this article says, especially since Bush pledged to do so one year ago. Comparing Greenspan to four other…
Finance ministers from the 12-country eurozone have deferred until September a decision on creating a "Mr Euro" as the political face of the single currency.
Union Bank of India chairman V Leeladhar and Reserve Bank of India (RBI) executive director Shyamala Gopinath are set to take charge as future deputy governors of the RBI, The Economic Times reported this week.
Sunil Mendis has been appointed Governor of the Central Bank of Sri Lanka for a six-year term. He replaces A.S.Jayawardena whose term of office finished on Wednesday 30 June.
The Federal Reserve Board on Tuesday 29 June announced the appointment of Scott G. Alvarez as its General Counsel, effective July 1, 2004.
The heads of the central banks from North and South Korea met for the first time last Saturday, 26 June, in Switzerland.
John Tiner, chief executive of the UK's Financial Services Authority, received a £109,752 rise in his total remuneration last year, according to the regulator.
The construction of the new European Central Bank headquarters in Frankfurt moved one step closer this week with demolition work on the former site of the Grossmarkthalle (wholesale market) due to begin on Thursday 1 July.
The council of the chiefs of the central banks of EurAsEC countries held their 10th anniversary session in Bishkek last week.
Ernst Welteke has agreed to pay 25,000 euros ($30,000)to charity to end a criminal probe into his conduct. Last week we reported his lawyers had rejected a demand of 50,000 euros saying the sum was "much too high".
Some board members of the Bundesbank do not want to comply with a new code of conduct for the time being, following the scandal surrounding former president Ernst Welteke, and the latest one reportedly involving public money to build luxury villas for…
Apparently none of the Frankfurt based European Central Bank's board members actually live in Frankfurt, the FT revealed this week.
French deputies walked out of the Council of Europe's parliamentary assembly on Monday 21 June when ECB chief Jean-Claude Trichet began addressing a meeting in English, according to Reuters.
German Chancellor Gerhard Schroeder's cabinet approved Beatrice Weder di Mauro, a university economist, as the first woman and first foreigner to join the government's council of economic advisers, the so called "Five Wise Men".
The Federal Reserve Board has announced that it is seeking nominations for appointments to its Consumer Advisory Council. Eleven new members will be appointed to serve three-year terms beginning in January 2005.
Reserve Bank of Zimbabwe governor Gideon Gono was in South Africa this week to launch Homelink, a plan to encourage Zimbabweans living abroad to send home money through government channels. But the trip descended into chaos when Gono was booed by crowds…
Taiwan has appointed Jaw Sheng Kong as chairman of the newly formed Financial Supervisory Commission. Kong, 48, is currently chairman of state-owned Taiwan Sugar Corp, said the Executive Yuan, the island's Cabinet.
Former chairman of the Central Bank of Russia Viktor Gerashchenko was elected chairman of Yukos, the Russian oil giant, on Thursday 24 June.