Central Banks
Co-founder of Central Banking dies
William Clarke CBE was a co-founder and former chairman of Central Banking Publications
Central banking both an art and science: Trichet
European Central Bank president Jean-Claude Trichet says policymakers need formidable analytical capacities and good judgement
Bank’s Sentance calls for revaluation of sterling rate
Bank of England external Monetary Policy Committee member Andrew Sentance says Bank needs to strike a more even balance on sterling value
ECB – Euro Area Bank Lending Survey (April 2011)
European Central Bank April 2011 euro area bank lending survey reports moderate tightening of credit conditions in region
Bank of England - Asset Purchase Facility Report (First Quarter 2011)
Bank of England First Quarter 2011 Asset Purchase Facility Report shows adaption to reserve prices sparked higher sale in corporate bonds
Greece deficit revision sparks default concerns from analysts
Eurostat revises Greece’s deficit to GDP upwards by almost a percentage point; analysts reiterate need for Greece to restructure debt
Italy's Draghi seals Sarkozy's support for ECB job
French president Nicolas Sarkozy backs Bank of Italy governor Mario Draghi to succeed Jean-Claude Trichet as head of the European Central Bank
Kosovo’s acting governor to take helm of central bank permanently
Kosovo selects acting head of Central Bank of the Republic of Kosovo Gani Gërguri to replace former governor Hashim Rexhepi
CIC to receive up to $200 billion in new funds: reports
China Investment Corp to get injection of between $100 billion and $200 billion as Beijing attempts to find home for excess reserves
Hong Kong plans to regulate credit-rating agencies
Hong Kong announces it will begin regulating credit-rating agencies from June; agencies and analysts must apply for licences
Fed historian Meltzer scoops 2011 Bradley Prize
Author of definitive history of the Federal Reserve Allan Meltzer to receive a 2011 Bradley Prize
IMF paper on enhancing stress-test framework
Fund study examines simple techniques to improve risk sensitivity in bank stress test exercises
National Bank of Belgium – Consumer Survey (April 2011)
National Bank of Belgium April 2011 Consumer Survey shows pick-up in consumer confidence in April
Financial cycles have strong economic implications: IMF paper
Fund study examines whether the close correlation between business and financial cycles is synchronised or coincidental
Bank of England – Trends in Lending (April 2011)
Bank of England’s Trends in Lending April 2011 report finds evidence of a contraction in UK bank lending
Role of Fannie, Freddie failure in crisis has been underplayed: ex-Fed’s Warsh
Recently departed governor Kevin Warsh tells Central Banking that decision to take government-sponsored enterprises into state ownership had significant ramifications
Greece’s Provopoulos urges step up in public reforms
Bank of Greece governor George Provopoulos calls for government to boost Greek reform policies
RBA governor ahead of HKMA chief on pay scale
Reserve Bank of Australia governor Glenn Stevens overtakes Hong Kong Monetary Authority chief executive as one of the highest paid central bank heads
Overdraft surveys reduce balances in the red: Philly Fed paper
Philadelphia Federal Reserve study examines impact of overdraft surveys on bank balances
Ex-Italy governor should face prison, says prosecutor
Italian prosecutor demands three-and-a-half year jail sentence for former Bank of Italy governor Antonio Fazio’s alleged involvement in failed Banca Nazionale del Lavoro takeover
New York Fed RMBS sales go smoothly
Auctions of AIG legacy portfolio delivering a solid result for the Fed
BoE stability committee sets June date for first meet
Bank of England’s Financial Policy Committee to meet in mid-June; governor to hold press conference