Governance

Fed emails point to BoA pressure on Merrill deal

Emails sent by Federal Reserve officials and subpoenaed by government investigators appear to back claims that Ben Bernanke pressurised Bank of America to go ahead with its takeover of investment bank Merrill Lynch after the bank attempted to back out of…

Fed to hire ex-Enron lobbyist?

The Federal Reserve is set to hire a former Enron lobbyist to defend itself against Congressional charges of opacity, it was reported on Friday.

New Nigerian governor criticises Soludo

Lamido Sanusi, confirmed as the new governor of the Central Bank of Nigeria on Wednesday, said he disagreed with his predecessor's plans to re-denominate the naira made back in 2007.

Tussle over Gono intensifies

Political wrangling over Gideon Gono's position as the head of the Reserve Bank of Zimbabwe intensified on Tuesday after Morgan Tsvangirai, the prime minister, called for the governor to be removed from office.

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