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Governance

New York Fed names new IT systems head

William Christie, the director of information systems at Commerce Bank, will join the New York Federal Reserve as an executive vice-president and head of the automation and system services group.

Draghi prepares to slim down

The Bank of Italy finds resistance from its staff and labour unions, but insists it will push ahead with controversial reforms. Isabella Bufacchi reports

Canada names Toronto director

Mark Caplan, an executive managing director at BMO Financial, a financial services company, will join the Bank of Canada as a senior representative and director of its Toronto office.

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