Governance
Heavy snowfall forces Central Bank of Jordan shutdown
Central bank and commercial banks were forced to close their doors as the Middle East was battered by a freak snowstorm; president urged people not to venture out
Turkmen central bank chief ousted as economic malaise worsens
Gochmurat Muradov is the latest in a string of Central Bank of Turkmenistan chairmen to be dismissed after only one or two years in the post; deputy chosen to take over his position
People: Philadelphia Fed gets new directors; Paraguay central banker named finance minister
Jon Evans and Carol Johnson are appointed to the Philadelphia Fed board of directors; Central Bank of Paraguay loses member of the board of directors to the government; and more
Sri Lanka governor tenders resignation after new president sworn in
Ajith Nivard Cabraal announces wish to step down midway through term following ‘shock' elections; deputy says reason is to avoid 'conflicts' with finance ministry
Uruguay central bank president replaced with predecessor after one year in job
Mario Bergara handed second term as central bank president; he first held the post between 2008 and 2013 and replaces Graña after just a year in the job
Obama to nominate community banker to Fed board of governors
Move follows bipartisan criticism against the prevalence of academics in the US central bank's top ranks; Fed announces new head of monetary affairs
Mauritius reappoints former governor
Rameswurlall Basant Roi returns after eight years following the reported ousting of Rundheersing Bheenick in December; new deputy also appointed
Sejko lined up as next Bank of Albania governor
Albanian prime minister says parliament ‘will not reject’ the president’s nomination; former bank inspector Gent Sejko set to return to the central bank after a decade away
Riksbank critic becomes deputy governor
Henry Ohlsson, an economics professor who attacked the Swedish central bank for failing to reach its inflation target in a report earlier this year, is picked to replace Karolina Ekholm
HKMA finds signs of forex manipulation at banks
Investigation into forex market manipulation turns up two cases of misconduct but finds no collusion between banks; six banks criticised for communication ‘indiscretions’
People: Fritz Zurbrügg appointed as SNB vice-chair; Vanoli gets nod from Argentine senate
SNB reshuffles board, with Zurbrügg assuming vice-chair after Danthine retires; Luis Linde replaces Ignacio Visco at the steering committee of the European Systemic Risk Board
Bosnia central bank suspends nine after $380,000 theft from vaults
Prosecutor’s Office detains a central bank ‘clerk’ in connection with offence; money was supposedly taken in three chunks between 2012 and 2014
Fischer questions FSB's democratic credentials
Fed vice-chair says Basel body not democratic ‘in a certain sense' but still a ‘great success'; argues it was set up specifically to circumvent IMF bureaucracy
Kocherlakota announces Fed departure
Minneapolis Fed president and FOMC dove to step down when his term draws to a close in February 2016
Davis Report reveals extent of FCA communications blunder
Report uncovers misguided comms strategy, poor supervision by senior managers and sluggish response as FCA ‘taken by surprise’
People: Bank of Finland names administration head; NBU appoints new director for pension fund
Bank of Finland will have a new administration head from January 1; National Bank of Ukraine hires a securities expert to lead the corporate pension fund; and more
EBA moving to iconic Canary Wharf tower
European Banking Authority will soon vacate its current offices in the City of London and take up residence in Canary Wharf
Gobind Ganga appointed governor of Bank of Guyana
Ganga handed the role on a permanent basis after serving as acting governor following the death of his predecessor in May; president also appoints new deputy
People: BoE poaches IMF researcher; Nigeria's central bank deputy stands down
Michael Kumhof leaves the IMF to join the Bank of England as senior research advisor; Kingsley Moghalu leaves the Central Bank of Nigeria after five years; and more
Central Bank of Ireland plans staff increase
Governor Patrick Honohan says creation of SSM and new international regulations create ‘more work’ for the central bank; staff will increase by roughly 100 in 2015
Ukraine gets new deputy in leadership reshuffle
Vladyslav Rashkovan promoted to acting deputy governor after just seven months at the central bank; board membership expanded to include head of personnel