People
Kenya's former governor accused as party to theft
The Goldenberg inquiry has heard former Central Bank of Kenya Governor, Eric Kotut conspired with banks to defraud the bank of a massive US$247.9 million (Sh9.7 billion) in April 1993.
Matti Vanhala to retire on disability pension
The Bank of Finland announced on Thursday 11 March that Governor Matti Vanhala will retire from 1 April. Deputy Governor Matti Louekoski will assume his responsibilities until a replacement is found.
Padoa Schioppa gets honorary law degree
Tommaso Padoa Schioppa was due to receive an honorary law degree on Friday 12 March in a ceremony at the University of Bari.
ECB mourns Spanish bomb victims
In Frankfurt on Thursday 11 March, about 150 employees of the European Central Bank gathered before the bank headquarters in a memorial service for the victims of the Madrid bombing.
Bangladesh Bank denies IMF advisor controls it
Bangladesh Bank (BB) this week brushed aside an allegation that the International Monetary Fund was dictating to it through an IMF official recently installed as advisor to the governor.
RBZ head Gono receives death threats
The head of the Reserve Bank of Zimbabwe, Gideon Gono, picked by President Robert Mugabe to lead the government's anti-corruption drive, has claimed he has received death threats from corrupt businessmen and politicians, a newspaper reported this week.
Woman tries to spend fake $1 million note
A US woman was charged with forgery this week after trying to spend a $1 million bank note in a Georgia supermarket. Staff refused to accept the note or hand over her $998,328.45 in change (if they had it!) and called the manager.
Developing nations seek IMF top job
While the smart money is increasingly moving towards Spanish Finance Minister Rodrigo Rato as Horst Kohler's successor at the IMF, developing countries have waded into the debate and staked their claim to the Fund's top job.
Serbia's Jelasic moves into office
The new governor of the National Bank of Serbia, Radovan Jelasic, officially took control of the bank on Monday 1 March.
Kazakhstan appoints new deputy
According to a decree from President Nursultan Nazarbayev, Askar Yelemesov was appointed deputy president of the National Bank of Khasakhstan on Wednesday 3 March.
ECB board member confirmation hearing in April
The European Parliament said on Wednesday 3 March that it will hold a confirmation hearing with the nominee for the ECB's soon to be vacant seat. It spoke of a broadening of backgrounds which "would come from board members with an academic or…
Paul Sweezy dies at 93
Paul M Sweezy, a Harvard University economist who did much work on the theory of oligopoly, and left academia to become America's leading Marxist intellectual and publisher during the cold war era, died on Saturday 28 February at his New York home.
Court upholds immunity of former BSP chief Laya
The Third Division of the Philippines Sandiganbayan Court has upheld the immunity granted to former Central Bank governor Jaime Laya by the Presidential Commission on Good Government (PCGG) and dismissed the $65 million graft case against him.
Three BI insiders proposed for senior dep governor
President Megawati has proposed three names from within Bank Indonesia as candidates for the post of senior deputy governor, reflecting the government's intention to pick someone who is already familiar with the central bank's working environment.
IMF contenders line up after Kohler's shock exit
Horst Kohler's decision on Thursday 4 March to step down a year early from the IMF to accept a nomination to become German president has seen various names enter the fray as possible successors, including UK chancellor Gordon Brown.
The bad news - Greenspan must go!
Chairman Greenspan's busy week of testimony and speeches didn't go without its critics. Republican Senator Bernie Sanders sent a letter to President "Dubya" asking for Greenspan's removal.
The good news - White House wants Greenspan again
The White House repeated on Tuesday that President George W. Bush will support another term for Alan Greenspan as Federal Reserve Chairman.
Bank of France unions call for worker walk-out
Six unions representing employees at Banque de France, the French central bank (CFDT, CGT, FO, CFTC, SIC and SNA), called staff out on a one-hour work stoppage on Tuesday 24 February.
Fazio faces fraud investigation
Governor Antonio Fazio of the Bank of Italy is under investigation in connection with a probe of alleged fraud in the sale of securities by an Italian bank.
Spain enters race for ECB seat
Spain has entered the frame proposing a candidate for a place on the governing council of the European Central Bank against both Ireland and Belgium, who have already thrown their hats into the ring.
Gerashchenko lashes Russian central bank
Former Russian Central Bank Chairman Viktor Gerashchenko has said he would sack the current management of the bank if he could. Appearing on Russian breakfast TV he said they did many things wrong because they are non-professionals.
Bill McDonough to get FPA gong
William McDonough, chairman of the Public Company Accounting Oversight Board, and former president of the New York Fed will be awarded the Foreign Policy Association Medal next week.
RBI staff strike over strike ban
Around a million workers of state-run Indian banks including the Reserve Bank of India went on strike Tuesday 24 February to protest against a Supreme Court decision prohibiting government employees from going on strikes.
Mel Gibson's father: 'Greenspan should be lynched'
Well-known Hollywood Actor Mel Gibson is about to release a new movie, but in a bizarre interview his father has made some outrageous comments, including a mention for Alan Greenspan.