Governance
Rejkjavik settles Icesave dispute
Parliament agrees to pay out almost $6 billion to British and Dutch depositors
Norwegian fund names new executive team
Changes end reorganisation started in early 2008
Fed wants delay on release of loan details
Federal Reserve says naming loan recipients would hinder its ability to manage current and future crises
Bulgaria’s Iskrov reappointed
Palaver over after lawmakers overwhelmingly back Bulgarian National Bank governor’s nomination for a second term
Bernanke nominated for second term
President Obama wants Bernanke to serve second four-year term after staving off a financial meltdown
Union boss named New York Fed chair
Denis Hughes gets the nod to head board of governors, Lee Bollinger named deputy
Bulgaria’s Iskrov re-nominated hours after resignation
Ruling party renominates Bulgarian National Bank governor for reappointment after declaring second term agreed in May illegal
Iskrov quits – for now
Ivan Iskrov, the governor of the Bulgarian National Bank, resigns following political spat over his position, but may soon be reappointed for a second time to serve a second term
Ghana appoints former finance deputy to replace Acquah
Bank of Ghana’s governor Paul Acquah to step down in September
Nigeria names and shames debtors
Central Bank of Nigeria list names some of the country’s richest people
Italy’s Draghi on tax evasion
Bank of Italy’s Mario Draghi on the importance of reducing tax evasion
Weber and Sanio fight back on HRE rescue
Bundesbank’s Axel Weber and BaFin’s Jochen Sanio say they did not mislead the public in the rescue of Hypo Real Estate
Zambia’s Fundanga: media key in monetary policy
Bank of Zambia’s Caleb Fundanga says media critical in the successful execution of monetary policy
Rodrik: Fed needs paradigm shift
Harvard economists argues the new Fed chairman has to be less in awe of Wall Street
Meirelles comments on future, bank lending
Central Bank of Brazil’s Henrique Meirelles comments on rumours of a return to politics and backs the actions of state-led banks
Yuen named new HKMA deputy
Arthur Yuen succeeds Y.K. Choi as the Hong Kong Monetary Authority’s stability deputy in the new year
Ugandan auditor made acting deputy
Patrick Byabakama Kaberenge replaces David Opiokello
Serbia names new vice governor
Bojan Marković to join National Bank of Serbia in the autumn
Central Bank of Belize – Annual Report 2008
Belize’s output negatively affected by flooding
Kozarić reappointed Bosnian governor
Kemal Kozarić to remain at the helm of the Central Bank of Bosnia and Herzegovina
Central banks expected to cut more staff
Survey respondents expect numbers to dwindle as central banks re-organise and outsource