People
Duisenberg to mediate in Dexia investors dispute
Wim Duisenberg, the European Central Bank's former president, has been appointed to mediate in a long-running dispute between Franco-Belgian bank Dexia, and Dutch investors who are suing it for allegedly mis-selling investment products.
Interview with ECB's Noyer
In an interview published on Wednesday 16 February, ECB governing council member and governor of the Bank of France Christian Noyer said there was no evidence of price pressures in the euro area that would warrant an immediate shift in monetary policy.
Trichet's passion for the French language
Asked in a recent interview if he prefers the language of Shakespeare to that of Moliere, Jean-Claude Trichet, President of the European Central Bank, said that over ten years ago he founded the Club of French-speaking central bankers whose members…
Interview with ECB's Padoa-Schioppa
Speaking in an interview published on Thursday 17 February, Tommaso Padoa-Schioppa of the ECB said channels of communication with Asia, and with China in particular, are open and the ECB itself has close bilateral ties with the Chinese monetary…
Philippines appoints new central bank governor
President Gloria Arroyo announced on Monday 14 February the appointment of 52-year-old deputy governor Amando Tetangco as the new chief of the Philippines central bank, BSP. Tetangco joined the central bank in 1974.
First day of Bank of Italy strike
A strike organised by Bank of Italy trade unions on Thursday 17 February saw over 77% of workers taking part, according to AGI. Another day of action is scheduled for next Thursday, 24 February.
Italy's Bini Smaghi to join ECB board
Lorenzo Bini Smaghi, 48, the head of the Italian Finance Ministry's international department looks set to replace a fellow Italian on the board of the European Central Bank after a unanimous decision on Thursday 17 February.
Profile of T&T's new deputy governor
Joan John became deputy governor, Operations, at the Central Bank of Trinidad and Tobago for a period of five years starting 1 February. She recently led the implementation of the Real Time Gross Settlement System and the Government Securities Settlement…
T&T promotes second woman to senior position
The Central Bank of Trinidad and Tobago announced on Wednesday 16 February the appointment of the second woman in two weeks to a leadership position. Wendy Ho Sing assumed her new posting as Deputy Inspector of Financial Institutions.
Mankiw resigns from CEA, clears way for Bernanke
Gregory Mankiw has resigned as chairman of President Bush's Council of Economic Advisers. Federal Reserve Governor Ben Bernanke is a top contender to replace him, an administration official was quoted as saying.
First Vice President of EBRD resigns
The First Vice President of the European Bank for Reconstruction and Development, Norin Doyle, announced on Thursday 17 February that she will not seek a second term when her current mandate expires in August.
New General Manager at Banco de la Republica
Dr Jose Dario Uribe Escobar has been designated by the Board of Directors as new General Manager of the Banco de la Republica, Colombia.
Greenspan the economic detective
Receiving his honorary degree in Edinburgh on Monday 7 February, Alan Greenspan said that as an economic detective he has long found inspiration in the wisdom of Sir Arthur Conan Doyle's Sherlock Holmes.
ECB board selection process is too restrictive
In a letter published this week, Prof Francesco Giavazzi and Prof Charles Wyplosz said the selection process for ECB board members is seriously inadequate. According to them, members should be chosen solely on their own merits, irrespective of the…
Letters reveal 'low point' for Sir Eddie
Letters released this week by the UK Treasury showed that Gordon Brown's decision to remove responsibility for banking supervision from the Bank of England almost prompted Sir Edward George, the Bank's governor to resign.
BoE cancels 2005 governors' symposium
The Bank of England has cancelled its 2005 governors' symposium due to the UK's overcrowded international schedule. Mario Blejer, head of the Bank's centre for Central Banking Studies, wrote to central bank governors recently to tell them the news.
Bank of England's Chief Cashier John Page dies
John Page, who was the last person to hold the post of Chief Casher of the Bank of England before the position was downgraded in the 1980s, died on 2 February aged 81.
Czech president appoints new CNB board members
The President of the Czech Republic, Vaclav Klaus, at Prague Castle on Friday 11 February appointed three new members to the Bank Board of the Czech National Bank. He also said Zdenik Tma will remain CNB Governor for a further six-year term.
Venezuela ratifies central bank president
Venezuela's National Assembly has ratified by simple majority, President Hugo Chavez' nomination of Gaston Parra Luzardo as the new president of the Central Bank of Venezuela (BCV).
Interview with Bank of Canada's Tiff Macklem
In an interview published this week, Bank of Canada Deputy Governor Tiff Macklem said Canada's economy may take two or three years to adjust to a currency that rose more than 20 per cent since early 2003 and "there is probably some more adjustment to go".
Malawi names new central bank governor
President Bingu wa Mutharika of Malawi has decided against renewing the contract of central bank governor Elias Ngalande, which expires at the end of this month, a government official said on Tuesday 1 February. Ngalande will be succeed by Victor Mbewe.
Nepal Rastra Bank appoints new governor
After a protracted dispute among the ruling parties, a cabinet meeting on Monday 31 January finally decided to appoint deputy governor Bijaya Nath Bhattarai as the new governor of the Nepal Rastra Bank.
BOT governor brushes off dismissal rumours
Bank of Thailand governor M.R. Pridiyathorn Devakula said this week that he had not been affected by rumours of his possible ousting from the central bank.
The Greenspan succession
In an article published this week Paul Krugman says the Bush administration will have a hard time finding a successor to Alan Greenspan, who is expected to retire next year. Feldstein and Hubbard are mentioned, but Krugman warns that appointing a "yes…