Governance

Fed bailout critic Stern to step down

Gary Stern, the president of the Minneapolis Federal Reserve and a vociferous critic of the Fed's recent bailouts, is to retire. He is the longest-serving senior Fed official.

Tarp could cost taxpayers more

The Congressional Budget Office has raised its estimate of the ultimate cost to taxpayers of the $700 billion Troubled Asset Relief Program (Tarp) by 51%.

A guide for would-be MPC members

An ability to challenge convention, courage in one's convictions and a thick skin are some of the qualities essential for Monetary Policy Committee members, two external members of the Bank of England's committee have said.

Buba names new communications head

Benedikt Fehr, a journalist for a German daily, is to become the new head of the Bundesbank's communications department after Christian Burckhardt, the former head, died tragically last December.

Morgan Stanley economist new MPC member

Alistair Darling, the chancellor of the exchequer, announced on Thursday that David Miles will replace David Blanchflower as an external member of the Bank of England's Monetary Policy Committee (MPC) on 1 June.

ECB books €2.7 billion surplus

The European Central Bank (ECB) earned a surplus of €2.66 billion ($3.34 billion) last year on the back of the euro's appreciation against the dollar and the yen, it emerged on Thursday. The central bank also revealed that it was owed €10.3 billion by…

Denmark names new departmental heads

The National Bank of Denmark has chosen Ove Sten Jensen and Ib Hansen as the new heads of departments for its government debt management and in its market operations wings.

Iceland's Oddsson out, Norwegian consultant in

David Oddsson, the beleaguered head of the Central Bank of Iceland, was forced to step down on Friday following the passing of a new central bank act. Svein Harald Oygard, a director at McKinsey, a consultancy, will replace him as interim governor.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.