Governance

Johnson leaves the Fed

Karen Johnson, director of the Division of International Finance at the Federal Reserve Board, will step down after nearly a decade in this position.

Greenspan joins Pimco in first post-Fed role

Former Federal Reserve chairman Alan Greenspan has signed on as a consultant to Newport Beach-based bond investment giant Pacific Investment Management, known as Pimco, the Wall Street Journal reported Wednesday 16 May.

Report names likely Fed appointees

US president Bush administration is considering Larry A. Klane as a board member at the Federal Reserve, two people familiar with the matter were quoted as saying by MarketWatch.

Interview with Paul de Grauwe

In an interview with EurActiv, published Thursday 10 May, Paul de Grauwe warns that "ill-founded" and "dangerous" criticism of the European Central Bank by newly elected French president Nicolas Sarkozy could threaten monetary union.

Hungary to name NBH deputy by 1 July

Hungarian central bank (NBH) governor Andras Simor will name by 1 July who will be the central bank's second deputy governor, local newswire MTI reported on Wednesday 9 May.

Knight's term of office at BIS extended

The Board of Directors of the Bank for International Settlements (BIS) announced Monday 7 May that it has extended the term of office of the General Manager, Malcolm Knight, to mid-2009.

BoC paper on new accounting standards

The Bank of Canada Discussion Paper "Implications of new accounting standards for the Bank of Canada's balance sheet" looks at the new accounting standards implemented by the CICA for the valuation and reporting of financial instruments.

Talking numbers

Central banks can and should write a management commentary to accompany their accounts, says Robin Darbyshire

Nepal plans new banking law

Nepal Rastra Bank (NRB) is set to introduce the Bank and Financial Institution Act to allow mergers and acquisitions amongst financial institutions, an NRB official told reporters Friday 27 April.

Dodge will not seek second term

Bank of Canada governor David Dodge has informed the Board of Directors and the Minister of Finance that he will not seek a second term as governor, the bank said Thursday 25 April. See our other item on this today: 'Alice in Wonderland riddles not for…

Kate Barker reappointed to Bank of England's MPC

Kate Barker, who recently completed the Barker Review of Land Use Planning, was reappointed to the Bank of England's Monetary Policy Committee (MPC) for a further three-year term on Monday 23 April, becoming the first external member to serve a third…

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