Governance
Brazilian president’s nominees confirmed for central bank board
Observers speculate Galípolo may be next governor, while Santos is first Black board member
MAS posts record $22.8 billion loss
Managing director Ravi Menon says loss is not a cause for concern
People: Natia Turnava becomes first woman to lead NBG
National Bank of Georgia names Turnava acting governor; RBI appoints deputy; and more
Singapore’s deputy prime minister to become MAS chairman
“Prime minister-in-waiting” Lawrence Wong will succeed Tharman Shanmugaratnam
Pan Gongsheng in line to be next PBoC governor
Analysts believe Pan’s appointment as party secretary positions him as the next PBoC governor
Israeli government clashes with governor over banking law
Governor says law “crosses a red line” on independence, but pushes banks to raise rates
Italian government picks ECB’s Panetta as new governor
Italy may struggle to maintain seat at ECB’s executive board if Panetta heads Bank of Italy
Philippines names Eli Remolona as new central bank governor
Incoming governor previously worked 14 years at the New York Fed and 19 years at the BIS
BIS says strategic plan now 80% complete
Institution reports rise in profits as it continues to overhaul banking services
Turkish central bank raises rates for first time since 2021
Lira falls despite tightening as finance minister promises “free foreign exchange regime”
Finnish governor Rehn will run for president
Marja Nykänen will be acting governor of Bank of Finland while Tuomas Välimäki takes ECB role
Angola appoints deputy governor to top job
Tiago Dias succeeds Massano, who left to join cabinet
BoF’s Rehn says government plans violate central bank independence
New Finnish prime minister says he will revisit policy statement
RBI expands branch network to north-east India
Kohima branch gives central bank presence in six of region’s seven states
Canada suspends involvement in China-based bank
Former official says AIIB is controlled by the Chinese Communist party
Ukraine war has valuable lessons for central banks, governor says
Central Banking Summer Meetings: Pyshnyy says new IMF aid structures will make the world safer
Central banking against a full-scale war
NBU governor Andriy Pyshnyy shares seven statements about ‘antifragility’ and ability to function under uncertainty – and succeed
Costa Rica proposes strengthening central bank independence
Government wants to remove finance minister from board and change audit procedures
RBA to pay back around 1,200 underpaid staff
Australian central bank admits hiring firm at centre of tax scandal to resolve pay problem
Foreign de-risking keeps Somali banks isolated, governor says
Central Banking Summer Meetings: Somalia needs to rejoin world finance system after payments success
Former PBoC deputy governor expelled from Communist party
Anti-corruption body accuses fintech and pyaments overseer Fan Yifei of accepting large bribes
Nigerian president suspends governor
President calls for lower policy rates and unified FX regime, and says Emefiele is under investigation
Angolan governor leaves role to join cabinet
Massano takes over economics portfolio after violent protests against fuel price hike