US Democratic presidential candidate John Kerry has said that if elected he will seriously consider former treasury secretary Robert Rubin to replace Federal Reserve Chairman Alan Greenspan when he retires.
The Rebel Communist Party of Nepal has escalated the capture of land belonging to local landlords, including land owned by the central bank chief. The party has captured 300 hectares of land and made it public.
The Executive Board of the International Monetary Fund (IMF) this week, as expected, selected Rodrigo Rato to serve as Managing Director and Chairman of the Executive Board for a five-year term.
More than 1,000 staff retrenched from the Central Bank of Nigeria between 1996/1998 have petitioned the incoming CBN Governor, Professor Charles Soludo over their plight.
Bank of Canada governor David Dodge is setting new standards in what one report called "tight monetary policy" with a relatively low expenses bill for the last quarter, released by the Bank of Canada this week.
Economics professor Axel Weber was formally appointed on Friday 30 April to head the Bundesbank, following Ernst Welteke's recent resignation. He can therefore attend the next meeting of the European Central Bank in Helsinki next week.
The International Monetary Fund will announce its next managing director on Tuesday 4 May, board sources said on Thursday, Reuters reported. The job is widely expected to go to Spain's former economy minister, Rodrigo Rato.
The Executive Board of the Riksbank decided at its Wednesday meeting (April 28)to appoint Anders Kragsterman deputy head of the Financial Stability Department. He will take up this post during the autumn.
The board of directors of the YUKOS oil company has approved former president of the central bank of Russia, Viktor Gerashchenko, to stand as a member of the board of the oil company.
Zimbabwe's finance minister was arrested on Saturday (24 April) on charges of dealing in foreign currency. He is the first senior official in President Robert Mugabe's government to be detained in a corruption crackdown.
A report in the New York Times this week said the buzz in the capital was that Colin Powell could be the next president of the World Bank.
Former deputy Governor of the central bank of Kenya Eliphaz Riungu told the Goldenberg inquiry this week that he never opened accounts in the Indosuez Sogem Aval Ltd London branch bank for Central Bank of Kenya.
The Nigerian government announced on Thursday (29 April) the appointment of Professor Charles Soludo as the new Governor of the Central Bank of Nigeria (CBN). Also appointed by President Obasanjo was W. A. Mshelia, the first woman deputy governor of the…
A while back we reported that Bank of England governor Mervyn King was spotted out at an hour-long symphony by Russian composer Dimitri Shostakovich at London's Royal Festival Hall. Now a press report says, shock horror, he has been seen carrying a CD of…
Russia's first deputy finance minister, Alexei Ulyukayev, is moving to the central bank to oversee monetary policy as first deputy chairman.
Former Bundesbank President Ernst Welteke won't draw his full salary as German central bank chief over the next three years after quitting last week, denying a report in the Financial Times Deutschland newspaper.
The Bank of Japan said on Tuesday 20 April that the central bank will open its main vault to the public during the summer time.
The government and the Bank of Korea this week recommended three prominent financial experts as new members of the central bank's interest rate-setting board.
In an interview with BusinessWeek published this week former Federal Reserve governor Laurence Meyer said he still isn't convinced the inflation evidence is strong enough for the Fed to rush through a rate hike, but he does believe that it could well…
Former Spanish finance minister Rodrigo Rato looks certain to become the International Monetary Fund's new chief after the United States threw its support behind his candidacy this week.
The European Parliament on Monday 19 April endorsed Spain's Jose Manuel Gonzalez-Paramo to succeed ECB board member Eugenio Domingo Solans next month.
Erkki Liikanen was appointed Governor of the Bank of Finland today (23 April) by the President of Finland. He will take up his duties from 12 July.
Little was known about economics professor Axel Weber, the German government's surprise choice to head the Bundesbank this week, who told a news conference on Wednesday 21 April that he jogs to relax.
Paul Volcker, the former chairman of the Federal Reserve, began a high-level investigation on Wednesday 21 April into allegations of kickbacks and bribes in the UN-run oil-for-food program for Iraq.