Central Banks
BIS: banks must shrink and simplify
Basel calls for smaller, simpler and safer banks
Stability role will turn up political heat – Ortiz
Enhanced stability mandate likely to be accompanied by more political scrutiny, says Bank for International Settlements chairman and governor of the Bank of Mexico
Bernanke responds to claims of Merrill cover-up
Ben Bernanke, the chairman of the Federal Reserve, on Thursday claimed that the central bank had acted "with the highest integrity" in discussions with Bank of America over its takeover of Merrill Lynch, a now defunct investment bank.
Fed declares victory on deflation risks
The Federal Open Market Committee (FOMC) on Wednesday signalled that it no longer believes a serious threat of deflation exists.
IMF opens Lat Am technical assistance centre
The doors to the International Monetary Fund's (IMF) central American technical assistance centre opened for the first time on Wednesday.
Treasury's Allison: financial system more stable
There are tentative signs that the financial system is beginning to stabilise and that the US Treasury's efforts have made an important contribution to this, said Herbert Allison Jr, the assistant secretary for financial stability at the US Treasury.
Why money laundering is a real challenge
Combating money laundering is a real challenge in many developing countries because of the scarcity of capacity and resources, said Tom Alweendo, the governor of Bank of Namibia.
Denmark - Financial Stability Report
The National Bank of Denmark finds it positive that most large- and medium-sized domestic banks have indicated that they will apply for government capital injections, said the central bank in its latest Financial Stability Report.
FSA's Turner pushes for tax on size
Adair Turner, the chief executive of the Financial Services Authority, has joined the growing chorus of calls for limits on banks' size.
Sri Lanka's Jayamaha moves into politics
Ranee Jayamaha has stood down as a deputy governor at the Central Bank of Sri Lanka after 37 years of service with the institution.
King steps up calls for global monetary reform
Mervyn King, the governor of the Bank of England, on Wednesday urged officials from around the globe to cooperate to fix the instability inherent in the current international monetary order.
OECD calls on ECB to cut rates
The Organisation for Economic Cooperation and Development (OECD) has urged the European Central Bank (ECB) to cut rates further.
SNB's Jordan cautions on low rates
Responsible behaviour on the part of homeowners, and bank discipline when granting loans, is needed to ensure that a low-interest environment does not lead to destabilisation of the property market, said Thomas Jordan, a member of the Swiss National Bank…
PBOC to face policy challenges in the future
Changes to China's financial position have not affected the money demand function yet but will in the future, new research from the International Monetary Fund posits.
Realign lats: ex-Argentine chief economist
A former chief economist at the Central Bank of Argentina has claimed that the best strategy for Riga to pursue would be a contained devaluation of the lats.
Dubai joins Long-Term Investors Club
The Investment Corporation of Dubai, the investment arm of the government of Dubai, has joined the Long-Term Investors Club, a group of public-sector investment bodies.
Fed plans changes to repo markets - report
The Federal Reserve is considering a major overhaul to repo markets, where banks globally raise overnight dollar loans, reports say.
Belarus expects $2 billion in IMF funds
Alexander Lukashenko, Belarus's president, has said that the country expects to receive $2 billion from the International Monetary Fund (IMF) before the end of 2009.
Rating agencies: regulate or downgrade?
In the aftermath of the financial crisis, the actions of ratings agencies cannot remain unchecked, argues Ludek Niedermayer, a former vice governor at the Czech National Bank