News
IMF to propose amendments to Pakistan central bank law
Changes will support efforts to reverse government debt trajectory, the fund says
‘Stop talking about rules’ – Basel’s Coen
The Basel Committee’s top staffer is moving on – and he wants finance to do the same
Bangladesh central bank to wind down allegedly “corrupt” finance firm
Central bank report claims management stole large sums from depositors
Turkish governor is dismissed after clash with president
Erdoğan says governor refused his demands to cut rates, local media reports
New Turkish governor accused of plagiarism
Turkish writers accuse new governor of having plagiarised master’s thesis from three papers
Sovereigns increase fixed-income allocations amid volatility
Central banks intend to increase renminbi allocations and adopt ESG, survey finds
Strong labour market complicates Fed outlook
Non-farm payrolls stronger than expected, focusing extra attention on Jerome Powell’s testimony this week
RBI steps up liquidity support amid government credit push
Government launches credit guarantees for public sector banks that lend to non-bank financial firms and announces fresh recapitalisation
Mongolia must reform banks to receive IMF aid
Central bank must make sure banks raise all needed capital, IMF team leader says
BIS to set up three fintech innovation hubs
New hubs will be set up in Hong Kong, Singapore and Basel
Irish central bank levies record fine on Wells Fargo
Irish subsidiary of US bank fined $6.6 million for “serious failings" in regulatory reporting
Nigerian central bank pushes for increased lending
Banks must lend money or face higher cash reserve requirements
ECB needs liquidity powers for bank resolution – Spanish governor
De Cos stresses mechanism must include guarantees to repay public money
Moroccan central bank opens investigation into stolen cash
Bank Al-Maghrib says 1.2 million dirhams disappeared in suspicious circumstances
IMF gives Pakistan bailout, but demands central bank freedom
Imran Khan government must have flexible exchange rates and end monetary financing, IMF says
Next IMF chief could be non-European
Carney and Carstens among possible candidates as institution seeks successor to Lagarde
US bank supervisor creates new division for largest banks
New FDIC division offers simplified structure that fosters greater collaboration, chairman says
People: Argentine governor from 'corralito' era dies
Aldo Pignanelli dies aged 69; plus appointments in New Zealand, Europe and Brazil
IMF finds weaknesses in two Bahamian banks
Improved supervision and surveillance measures can strengthen resilience, fund recommends
World’s longest-serving governor given further term
Mugur Isărescu, in office since 1990, will serve again after overcoming political hostility
RBNZ accepts criticism on supervision of CBL Insurance
The insurer was placed into full liquidation in November 2018
Riksbank shies away from global easing cycle
Swedish central bank maintains rate hike plans despite accommodative policy shift in Europe, US, Australia
Trump nominates two candidates for Fed board
Judy Shelton and St Louis Fed’s Christopher Waller will now face Senate confirmation hearing
Russian central bank tries to cut consumer lending
Bank of Russia puts limits on “payday loans” and expresses concern over growth in unsecured loans