News
Bank of Lithuania joins with country's oldest university to set up research centre
Collaboration aims at promoting ‘practical application' of scholarly undertakings; Bank chair notes criticism that Lithuanian economics is ‘detached from reality'
Turkish central bank in broad social media push
Bank joined four social network platforms this week in bid to raise public's financial awareness; also says it will aim to foster ‘habit of saving and encouraging the use of' lira coins
RBNZ weighs ‘European presence' to aid reserve management
Reserve Bank of New Zealand says it will review whether a full-time European presence will improve returns on forex reserves; outlines plans to replace vaults
RBI hiring 53 sportspeople out of civic duty
Reserve Bank of India is looking to recruit people from a host of sporting backgrounds, including cricket and table tennis, to working in support roles at the central bank
Tarullo says Fed must ‘hone' stress test regime
Fed governor says some firms still lack ‘reliable information' about their business exposures; hints at more attention to developing tests' macro-prudential elements
BoE introduces ‘ground-breaking' macro-pru measures to prevent housing bust
Mark Carney unveils a cap on high loan-to-income mortgages and affordability test; influential MP calls it a ‘major departure' for UK financial policy
Bank of Uganda halves number of MPC meetings
Uganda’s central bank says ‘less frequent’ policy announcements will help businesses plan; MPC will now meet every other month
Bank of Thailand promotes five assistant governors
Thai central bank names five assistant governors in anticipation of a host of retirements in September; follows appointment of new deputy governor last month
Incoming BoE chair highlights ‘extraordinary' lack of women in bank's top ranks
Anthony Habgood, chairman of the Court of the Bank of England, highlights 'crying gender gap'; also raises questions about BoE's ‘one bank' merger, which he says may turn out ‘slightly awkward'
Temasek takes stake in Santander custody business
Singaporean SWF joins with private equity firm Warburg Pincus to buy half of Santander's custody business - giving the Spanish bank's balance sheet a welcome boost
People: Greek governor confirmed; Ingves re-appointed to Basel Committee
The appointment of Yannis Stournaras as Bank of Greece governor has been confirmed in parliament; Ingves has a new term at the Basel committee; and more
Bank of Korea brings back Jang as new governor Lee's number two
Jang Byung Wha returns to the Bank of Korea as senior deputy governor; latest in series of organisational changes that has brought a new head of reserves and MPC member
Central Bank of Turkey cuts main rate as MPC sees inflation in decline
Bank lowers one-week repo rate by 75bp to 8.75%, its second consecutive rate cut, but says it is maintaining a ‘tight policy stance'
Central Bank of Hungary rate cut streak hits 23
Central Bank of Hungary cuts rates for the 23rd successive month; monetary council says ‘further cautious easing’ may follow, but suggests cycle will soon conclude
Norwegian SWF plans $27bn expansion into real estate
New focus on real estate investments part of Norway's sovereign wealth fund strategy through 2016, which will see it hire 230 more staff and employ more external managers
Carney clashes with parliamentarians over ‘unreliable' forward guidance
BoE governor defends suggestion earlier this month that interest rates could rise this year as MP likens central bank to ‘unreliable boyfriend' over changing guidance
Central banks test ‘dry ice' banknote cleaning technology
Banks to test whether ‘supercritical' CO2 can rid notes of filth without damaging security features; central banks spend $10 billion to replace 150 billion banknotes each year
Financial stability reports to become ‘a lot more important’
New research highlights ‘sizeable effects’ of financial stability reports on stock markets; speeches have become more influential since the crisis but this is unlikely to last
Reserve managers look to exit bonds sooner as global ‘taper' looms
Fed taper has reserve managers fretting, new Central Banking Publications survey of 69 central banks shows; ETFs are gaining traction as reserve asset class
Macro-prudential research builds ‘analytical foundation’ for EU policy
A European System of Central Bank’s research network reports on four years of work; Vitor Constâncio says policy-makers will still need ‘trial-and-error approaches’
Marek Belka seems secure as Poland’s political crisis shifts focus
Crisis precipitated by central bank governor’s secretly recorded comments threatened to bring down the government, but may now blow over
People: Czech comms head moves to general secretariat; RBNZ board names new member
Czech National Bank appoints Marek Petruš to head general secretariat; Tania Simpson named as RBNZ director; New Zealand SWF gets new CIO; Bank of Russia Moscow head on the move
Riksbank calls on Mervyn King for monetary policy review
Former BoE governor will head up a review, with Marvin Goodfriend, of Sweden's increasingly controversial monetary policy
Reserve managers to ‘reconnect’ with their central bank, says Bill Allen
Former BoE official says central bankers will become ‘more conscious’ of the relationship between reserve management activities and financial stability issues in Central Banking On Air debate