Court rejects plea to prosecute BSP chief

The Supreme Court in the Philippines has denied "with finality" a petition to prosecute central bank governor Rafael Buenaventura and several central bank officials for the closure of medium-sized Urban Bank in 2000.

Medina favorite for Bank of Israel post

Still with the Bank of Israel, it was reported that the chances of Victor Medina becoming central bank governor in January 2005 have increased after Prime Minister Ariel Sharon dropped his objections.

Malta's Deputy Governor re-appointed

David Pullicino has been re-appointed as deputy governor of the Central Bank of Malta for a five year term. Pullicino has been closely associated with the bank's development over the years and is involved in the strategy of eventual integration into the…

Finland's Matti Vanhala on sick leave

Governor of the Bank of Finland Matti Vanhala had some bad luck while staying at his holiday home in the archipelago recently. Vanhala broke his thigh and needed an operation which, the bank said, will keep him at home until after Christmas.

RBA appoints new Deputy Governor

The Reserve Bank of Australia has appointed Dr Philip Lowe as Assistant Governor, Financial System. Lowe joined the RBA 1980 after completing a PhD in economics at MIT. He will take up the position in early 2004.

NZ's Bollard's good cheer Christmas cards

Following on from his Goldilocks Christmas card last year, Alan Bollard has continued his seasonal cheer this time around with a card showing Santa's sleigh flying over the Reserve Bank spilling money and with a large percentage sign symbolising the OCR,…

Paul Acquah elected chairman of WAMZ

Paul Acquah, Governor of the Bank of Ghana, was unanimously endorsed as the new chairman of the Committee of Governors of Central Banks of the West African Monetary Zone (WAMZ) at its 10th meeting last Tuesday.

Waring appointed to RBNZ Board

New Zealand's finance minister Michael Cullen said on Thursday 18 December that Dr Marilyn Waring has been appointed to the Reserve Bank Board to replace Ruth Richardson whose term expires on 3 February. Waring is currently a Professor of Public Policy…

3,491 opt for early retirement at RBI

The Reserve Bank of India's early retirement scheme, which was introduced recently, has attracted 3,491 applications, according to a Rediff report. The scheme closes at the end of December with official sources saying the "RBI introduced the early…

Peru's central bank chief may face fraud charges

A Peruvian congressional commission voted 6-1 in favour of recommending Congress bring fraud charges against central bank of Peru governor Javier Silva Ruete last Tuesday, according to a Reuters report. The matter refers to Ruete's alleged sponsoring of…

Computer games central bankers play

Computer games aren't just for kids, central bankers play them too. This article published by Bloomberg looks at the recent trend for monetary policy games on central bank web sites. The Bank of Finland has recently developed its own game which Matti…

T&T central bank faces racism case

A powerful organisation of people of Indian origin is to sue the central bank of Trinidad and Tobago, it is reported by PTI. The case apparently centres on Selwyn Cudjoe, a member of the central bank's board of directors, who reportedly made several…

Kansas Fed's Hoenig appointed to Kauffman board

The Ewing Marion Kauffman Foundation's board has named Federal Reserve Bank of Kansas City President Thomas Hoenig as a director, effective immediately, reports the Business Journal. The Foundation supports programs in entrepreneurship and education in…

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