News
Money market integration biggest casualty of crunch: ECB
ECB’s financial integration report says areas in which most integration was achieved took the hardest hit, but recovery is following similar pattern
Serbia nominates academic for top role
National Bank of Serbia council chief Dejan Šoškić picked by administration to take over after Jelašić’s shock resignation, hints at dovish views
Fed to lose monetary affairs chief
Monetary affairs director Brian Madigan plans to retire later this year, he is succeeded by deputy director William English
Greece’s $40 billion bailout an improvement, but issues remain
Markets soothed as firm details of Greek rescue plan are announced, eurozone will provide €30 billion at discounted 5% rate for year forward, analysts less convinced
Poland’s search to find new governor on hold for now
Warsaw remains in mourning over the death of 96 members of its political elite following a plane crash on Saturday morning, in which both President Lech Kaczynski and central bank governor Slawomir Skrzypek were killed
INET: Soros leads calls for reform
Soros argues for financial markets to be understood as a branch of history in order to prevent crises
Iceland’s “grossly negligent” central bankers caused collapse: report
Much awaited parliamentary report singles out seven individuals including Icelandic central bank’s governing board trio as responsible for 2008 collapse of banking sector
Armenian central bank heads for the hills
Some functions of Armenian central bank will relocate to a resort town, slated to be the country’s new financial hub, in 2013
BoJ dissenters deemed measures "inappropriate"
Minutes show disagreements in Bank of Japan's top ranks as country returns to growth despite deep-seated problems
Polish governor killed in crash
Slawomir Skrzypek onboard President's airplane, central bank confirms
Plosser, not Bernanke, the biggest market mover
Philadelphia Fed president Charles Plosser had the largest impact on treasury yields with his speeches last year according to leading consultancy
Bank of Italy bans second credit-card issuer
Move seen by Italian media as indicative of politicisation of money laundering and usury laws
Greek woes worsen as Fitch downgrades and capital flees
Fitch knocks two notches off rating; No solution over what will be done to help country’s banks facing capital flight
SNB’s Roth banked 15% pay rise last year
Jean-Pierre Roth’s pay topped $1m in 2009
Meirelles will stay as governor until year end
Brazilian central bank governor Henrique Meirelles stays put, hopes of the vice-presidency dashed by party politics
Jilted bondholders can attack Argentine central bank’s assets: US court
US judge decrees central bank and government one entity and breaks dam guarding assets from unpaid creditors; central bank expected to appeal ruling
Hoenig calls for Fed to lean against the wind
Kansas City Fed president challenges fundamental tenet of Greenspan-era central bank
Pressure mounts on China to let yuan appreciate
Renminbi revaluation whispers grow to a shout as US Treasury chief Timothy Geithner makes unscheduled visit amid signs of a thaw in relationship with Beijing
SEC announces tighter rules for asset-backed securities market
Proposals come after crisis underlined dangers of instruments’ complexity
China looks to cut out dollar's go-between role
Central bank official says further currency pairings against rouble, ringgit and won under consideration
Greenspan deflects blame during heated testimony
Former Federal Reserve chairman Alan Greenspan defends record but accepts some criticism
Gulf markets integrated enough for monetary union
IMF economists’ work indicates stage set for single-currency project
Icesave casts pall over Iceland’s credit outlook
Ratings agency Moody’s kicks its outlook on Iceland down to negative on intractable Icesave dispute, change leaves Icelandic bonds hovering just above junk status
FSA appoints new communications chief
Tom Kelly joins FSA directors’ board in bid to revive relationship with government