Governance
OECD needs reform says Japan's candidate
Japan's candidate to become the next secretary-general of the OECD says the group needs to be more responsive to developing countries to avoid losing its importance as an international organization, the Financial Times reports in its international…
Caruana's potential replacements named
According to a report by Expansion this week, there are four names in the hat to replace Jaime Caruana as governor of the Bank of Spain when he steps down in Summer 2006.
Dookeran may lead Trinidad party
The former governor of the Central Bank of Trinidad and Tobago, Winston Dookeran, may become leader of the main opposition party in Trinidad after the incumbent announced he would not be running for the post again.
Kyrgyzstan's central bank chief under house arrest
The governor of the National Bank of the Kyrgyz Republic, Ulan Sarbanov, has been placed under house arrest, accused of abuse of power during the rule of deposed president Askar Akayev.
Berlusconi says government can't force Fazio out
Italian prime minister Silvio Berlusconi said Friday 9 September the government can not force Bank of Italy governor Antonio Fazio to resign and only the European Central Bank can intervene.
On tap for the next Fed chief: Trouble
The recent three-day gathering of central bankers in Jackson Hole was capped with an extended standing ovation for the Fed chief from the traditionally straitlaced crowd. But the challenges awaiting Alan Greenspan's successor may be far tougher than the…
ADB president assumes office
The 7th elected President of the African Development Bank (ADB) Group, Donald Kaberuka, was sworn in on 1 September, at the Temporary Relocation Agency (ATR) in Tunis.
Interview with Bank Indonesia's deputy governor
Bank Indonesia deputy governor Miranda Gultom said in an interview published on Wednesday 31 August that the central bank will review regulations that may be impeding desperately needed capital inflows at a time when the rupiah has hit record lows…
Socialist Party calls for sacking of NBU chief
Ukraine's Socialist Party, which makes up one of three groups in the government coalition, called for the dismissal of National Bank of Ukraine governor Volodymyr Stelmakh on Tuesday 30 August, saying the strong currency is damaging the economy.
Speculation on nominee to head Iran's central bank
Iran's new President Mahmoud Ahmadinejad is planning to appoint his close confidante Ali Saeedlou as director of the country's central bank, Iran Focus reported this week.
Trichet: 'Fazio is one of us'
ECB president Jean-Claude Trichet said on Thursday 1 September that beleaguered Bank of Italy governor Antonio Fazio remains 'one of us' and rejected suggestions that the Governing Council was divided on the Fazio issue.
New banking regulator takes office in Chile
Gustavo Arriagada officially took over as Chile's banking regulator on Thursday 1 September, the regulatory agency Sbif said.
Kohn could fill hole left by Greenspan
Talk at the recent Fed policy conference in Jackson Hole, Wyoming has put Donald Kohn in the frame as the next chairman of the Federal Reserve.
Comment: Central banks scrutinize staff costs
How do central banks compare on staff costs? Central Banking Publications has compiled some figures for a group of countries (mainly OECD) using central banks' annual reports.
China legislates to protect foreign CB assets
The Chinese government is considering legislation which would exempt the assets of foreign central banks from judicial enforcement, according to the China Daily.
Kohn to replace Gramlich on loan guarantee boards
Federal Reserve Board Chairman Alan Greenspan on Wednesday 17 August named Governor Donald L. Kohn to replace Governor Edward M. Gramlich as the Chairman's designee on four federal loan guarantee boards, effective 1 September.
Greenspan's marriage proposal - 'so oblique'
A recent interview with Fed chairman Alan Greenspan's wife revealed a few details on the maestro.
Italy's Fazio to quit, but may take a while
An article published this week says Bank of Italy Governor Antonio Fazio will eventually yield to the relentless pressure on him to resign, but it may not happen for some time. One reform that seems almost sure to emerge from the affair is the…
China's 'visionary' Zhou leads yuan float push
An article published on Wednesday 17 August looks at People's Bank of China governor Zhou Xiaochuan in depth. He was a visionary on yuan reform long before it became a global issue, it says, and moved steadily up the banking and finance hierarchy through…
Argentina's central bank deputy dismissed
Argentine President Nestor Kirchner has removed central bank vice-president Ricardo Branda from office. Branda is under formal investigation for alleged corruption.
Modest pay, one term 'best' for central bankers
A new study says that Europe's central bank chiefs should receive only modest pay and serve just a single term in office to avoid self interest creeping into interest rate decisions. It also found that limited terms and confidential interest rate…
Robbery! Brazil's central bank loses $68m
How do you lose $68m? The central bank of Brazil is asking itself the same question after thieves tunnelled in to bank and made this massive withdrawal.
China appoints new central bank vice governor
Hu Xiaolian has been appointed vice governor of the People's Bank of China (PBOC) by China's State Council, the cabinet, according to the official Xinhua news agency.
Singapore, UAE sign MOU on securities markets
The Monetary Authority of Singapore (MAS) said on Tuesday 16 August that it has signed a Memorandum of Understanding (MOU) with the Emirates Securities and Commodities Authority (ESCA) of the United Arab Emirates (UAE).