Governance
Muto: a governor-in-waiting?
Japan's ruling Liberal Democratic Party is expected to nominate Toshiro Muto as the next governor of the Bank of Japan. But opposition leaders continue to resist his nomination.
Indonesian governor questioned
Burhanuddin Abdullah, the governor of Bank Indonesia has been questioned over an alleged corruption case which the country's powerful Corruption Eradication Commission believes involves the central bank.
New anti-corruption measures for Bank of Tanzania
The newly-appointed finance minister of Tanzania, Mustafa Mkulo, has said that one of his first tasks will be to ensure that the country's central bank is less prone to corruption.
Two candidates for Indonesian governorship
Indonesia's president, Susilo Bambang Yudhoyono, has named two candidates to replace Burhanuddin Abdullah as governor of Bank Indonesia when his term of office ends in May.
Czechs move a step closer to readying new act
The Czech National Bank has made further progress on its new central bank law.
Uncertainty clouds possible Muto appointment
Japan's ruling party have denied reports that they are set to nominate Toshiro Muto, a deputy governor at the Bank of Japan, to replace Toshihiko Fukui, the departing governor.
Indonesia's Abdullah to step down in May
Burnahuddin Abdullah, the governor of Bank Indonesia, has said that he does not want to serve a second term at the central bank.
Treasury support linked to operational freedom
As many governments fail to guarantee fiscal backing, a central bank's financial independence is relevant to its operational freedom, research by the International Monetary Fund finds.
Czech president approves potential replacements
Vaclav Klaus, the president of the Czech Republic, has said that two names suggested in the media as potential replacements for outgoing central bank deputy, Ludek Niedermayer, would be suitable candidates.
Poland's Skrzypek wants ex-deputy in Pruski role
Slawomir Skrzypek, the president of the National Bank of Poland, has nominated Witold Koziski, an economics professor at Warsaw University and a former deputy president, to replace Jerzy Pruski, who quit last week.
Polish legality issue reveals law's flaws
Krzysztof Rybiski, a former deputy president of the National Bank of Poland, has said the arguments over the legality of organisational changes proposed by Slawomir Skrzypek show "serious flaws" in the design of the country's central bank act.
Skrzypek plans may damage credibility: Polish MPC
The National Bank of Poland's rate-setting council has said that organisational changes proposed by Slawomir Skrzypek, the president of the central bank, should be dropped while doubts remain over their legality.
Qvigstad appointed deputy at Norway central bank
Jan Qvigstad, the head of monetary policy at the Bank of Norway, will succeed Jarle Bergo as deputy governor.
Fed profits up 13%
The Federal Reserve System was $38.6 billion in the black for 2007.
Finland appoints new financial markets head
The Bank of Finland has promoted Kimmo Virolainen to the position of head of financial markets and statistics.
Bank of England's King to get second term
Mervyn King has been granted a further five-year term as the governor of the Bank of England.
Indonesian governor a suspect in corruption case
Indonesia's anti-corruption authorities are investigating allegations made against Burhanuddin Abdullah, the governor of central bank, and two other officials.
Second Polish deputy resigns, slams governor
Jerzy Pruski, a deputy governor at the National Bank of Poland, has resigned, citing differences with Slawomir Skrzypek, the governor of the central bank. Pruski's departure follows that of his fellow deputy, Krzysztof Rybiski, earlier this month.
Chinese economist to get senior role at World Bank
In a move set to strengthen ties between the big emerging economies and the Bretton Woods institutions, the World Bank is to appoint Justin Lin, a Chinese economist, as its chief economist.
No more law talk - Israel's Fischer
No more time should be wasted talking about the new Bank of Israel law, said Stanley Fischer, the governor of the central bank.
Tax rules hamper Italian investment funds
Tax treatment severely handicaps Italian investment funds with respect to their foreign competitors, said Mario Draghi, the governor of the Bank of Italy.
Bank governance strengthened by independence
Independent directors at commercial banks can provide an important internal governance mechanism for protecting shareholders' interests especially in large-scale transactions such as mergers and takeovers, research published by the Kansas City Federal…
Tony Solomon, former NY Fed president, dies
Anthony M. Solomon, a former president of the Federal Reserve Bank of New York, died last Friday, at the age of 88.