Governance

Nigeria gets new central bank governor

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…

Classical King

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…

Welteke won't get full salary to 2007

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.

Interview with former Fed governor Larry Meyer

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…

Rato set to be next IMF chief

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.

Interview with ECB president Jean-Claude Trichet

In an interview published on Friday 23 April, Jean-Claude Trichet said the European Central Bank is proud to be a central bank with one of the highest levels of predictability. He also said he was struck by the pessimism shown by many on the potential…

Welteke's parting words

Here we republish Ernst Welteke's personal statement on his resignation from the Bundesbank. In the statement Welteke said the Bundesbank's independence continued to be flouted and that the trust between himself and the Ministry of Finance had been …

Bank of England's Bean reappointed to MPC

Charlie Bean, Executive Director for Monetary Policy and Chief Economist of the Bank of England, has been reappointed for a further three-year term as a member of the Monetary Policy Committee with effect from 1 June 2004.

Yellen appointed President of San Francisco Fed

Janet Yellen was appointed President & CEO of the Federal Reserve Bank of San Francisco this week. She will take up the position in June, succeeding Robert Parry. Yellen served as a Member of the Board of Governors of the Federal Reserve from 1994 to…

Green light for new ECB Board member

The Committee on Economic and Monetary Affairs has voted to recommend that Parliament endorse the appointment of Jose Manuel GONZLEZ PRAMO as a member of the Executive Board of the European Central Bank.

BSP warns public over text message scam

Philippines central bank governor Rafael Buenaventura warned the public on Tuesday 13 April against a text messaging-based scam that uses the name of the Bangko Sentral ng Pilipinas (BSP) in a fake raffle which tells people they have won millions of…

Bank heist movie worries Bank of Korea

"The Big Swindle" is just a movie, but the domestic film released this week is giving the Bank of Korea cause for concern over security. Fears are that the movie could encourage people to try and rob the central bank!

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