News
BoJ to purchase another ¥10 trillion of JGBs
Bank of Japan increases size of asset purchase programme in line with expectations; faces call to end 'banknote rule'
Bank of Israel visitors centre recognised as heritage site
Society for the Preservation of Israel Heritage Sites names visitors centre a heritage site due to work done on preserving coins and educating the public
Bernanke places onus on US government to act
Bernanke calls on US Congress to act on fiscal policy; growth forecasts upgraded in latest Fed economic projections
UK banks exceed BoE target for £5 note dispensing
Bank of England reveals UK banks surpassed target of 1.2% of ATM dispense being in £5 notes; aim to increase levels of "good quality" notes in circulation
ECB cautious of damaged financial integration in Europe
European Central Bank releases downbeat Financial Integration in Europe report; Mario Draghi backs up message that integration work needs to be restarted
Kashya Hildebrand cleared over currency trading debacle
Auditors find no breach of regulations by former Swiss National Bank governor's wife; formal investigation launched after Philipp Hildebrand resigned
Central Bank of Nigeria embroiled in plagiarism row
Central Bank of Nigeria responds to reports of legal action regarding plagiarism in public addresses given by governor Sanusi; stresses strict ethical standards are adhered to in preparing papers
Greek governor renews warnings about euro exit
George Provopoulos repeats warning on the consequences of Greece leaving the eurozone; urges next government to implement reform agenda
Norges Bank promotes two new executive directors
Norwegian central bank announces who will fill the top roles in two of the three new core function departments after June 1
ECB finds eurozone banks not restricting lending
Latest European Central Bank Lending Survey shows steep fall in demand for loans despite thaw in lending conditions
Riksbank unveils winner of new banknote design competition
Winner chosen in Riksbank's design competition for new Swedish banknotes; reverse of notes will feature images of geographic landmarks, including the bridge between Sweden and Denmark
Malawi president axes central bank governor
Joyce Banda selects chief executive of a telecoms company to head the central bank
IMF discussion note calls for 'bail-ins' for resolution of Sifis
International Monetary Fund discussion note explores the potential for ‘bail-ins’ to resolve problems posed by systemically important financial institutions (Sifis)
Haldane says macro-prudential tools needed to prevent earnings 'arms race'
Bank of England's Andrew Haldane describes the tools macro-prudential policy makers need to prevent future crises; says banks engaged in a ROE and earnings ‘arms race’
Europe meeting fiscal tightening and growth dilemma, says Noyer
Europe has made substantial ground in reducing fiscal deficits and meeting conditions for future economic growth; ECB has facilitated ‘smooth’ de-leveraging of banks, says Banque de France governor
Central Bank of Myanmar to build capital markets with help from Japan
The Central Bank of Myanmar has teamed up with the Daiwa Institute of Research and Tokyo Stock Exchange to establish a capital market and securities exchange in the country by 2015
ECB calls for comments on payments system security recommendations
Public consultation opens on payments system recommendations from European Forum on the Security of Retail Payments; changes relate to areas of concern regarding internet payments
Renminbi could be adopted into SDR by 2015, says CentralBanking.com panellist
Latest Central Banking On Air debate asks if reserve mangers should invest more in emerging markets; panellists believe renminbi will be adopted as part of SDR with just the timescale in question
FSB reports ‘solid’ progress on financial regulatory reforms
FSB chairman Mark Carney gives update to G-20 finance ministers and central bank governors; new reports cover D-Sibs and the sensitivities of harnessing the power of shadow banking
IMF resources set to rise by $430 billion
IMF to receive up to $430 billion in additional funding; fund stresses resources are “not earmarked” for any region in particular
Shirakawa pays respects to former Bank of Japan governor
Masaaki Shirakawa remembers former governor Yasushi Mieno who passed away in April; calls him a man of “courage and thoughtfulness”
Fed names academics on 2012 model validation council
US Federal Reserve names academic economists that will provide independent advice regarding models used in annual stress test of major banks and financial institutions
Praet places onus on governments to resolve sovereign debt crisis
ECB executive director and de facto chief economist says it is up to governments to resolve the sovereign debt crisis in the eurozone; says some progress is being made
Riksbank revamps website to target iPad and iPhone users
Desire to improve accessibility of site and to make content available to tablet and mobile phone users behind Swedish central bank’s decision to overhaul website