News
Nomura deputy says thanks for Lehman
Nomura's UK vice chair says he is “extraordinarily grateful” for biggest bankruptcy in history, says bankers not greedy, just playing by the rules
Tucker: “no clear idea” on too-big-to-fail fix
Bank of England's Paul Tucker acknowledges lack of clarity in solving too-big-to-fail problem
Nigeria removes three more bank bosses
Phase two of the Central Bank of Nigeria’s special examination shows four more banks were in dire straits
FSA’s tough liquidity requirements spook bankers
The Financial Services Authority’s tightened liquidity rules could impede recovery, says trade group
Strauss-Kahn cagey on reform details
International Monetary Fund managing director says “much too early” to discuss details of new plans for lender-of-last-resort role
Bankers play down moral hazard
Institute for International Finance says banks will not take advantage of too big to fail, says capital rules could hinder growth if too harsh
Strauss-Kahn covets lender-of-last-resort role
Dominique Strauss-Kahn says International Monetary Fund must become a global lender of last resort to temper emerging Asia's desire to hold reserves
Norway’s SWF pushes for independent chairmen
The investment management arm of Norges Bank files shareholder resolutions seeking independent chairmen with four US companies
Banks and their profits will shrink: Buba’s Weber
Bundesbank president says industry will benefit from post-crisis blood-letting
World Bank unit launches $5 billion bad-debt fund
Debt and Asset Recovery Program (DARP) will debt and asset recovery in both middle income countries and in smaller, poorer developing countries
Bernanke calls for extended supervisory reach
Ben Bernanke’s five-point plan for regulatory reform includes call to share accountability for systemic risk with other regulators
Minneapolis Fed names macroeconomist as president
The Federal Reserve Bank of Minneapolis appoints academic Narayana Kocherlakota as its new president
Bank of Ghana appoints new governor
Economist and former deputy finance minister Kwesi Bekoe Amissah-Arthur takes over from Paul Acquah
Imbalances: this time it's different, says Blanchard
International Monetary Fund sees growth recovering to 3% next year but warns that without imbalances fix, long-run picture remains bleak
Dollar reserves dip
Latest Annual Report from the International Monetary Fund shows official sector shifting into euro, yen
Recovery underway, but risks remain – IMF
Global Financial Stability Report cuts financial loss projection
Fed outlines tougher cards regime
Federal Reserve proposes changes to Regulation Z to protect consumers
Bank’s Miles confident on quantitative easing
QE working and will end when circumstances dictate, says MPC member
RBA’s Richards bemoans housing shortage
RBA’s head of economic analysis says undersupply could cause prices to rocket
Wanted: paranoid and unpopular central bankers
Panel says central bankers must look for risk everywhere and be prepared to implement unpopular policies to prevent the next crisis
We won’t shore up money markets indefinitely: Trichet
European Central Bank president says its too early to exit, but warns “exceptional measures” must be phased out
IMF set to upgrade 2010 growth forecast
Deputy managing director Murilo Portugal says global recovery is stronger than expected
Hong Kong’s future intertwined with renminbi: Yam
In his farewell address, Hong Kong Monetary Authority’s Joseph Yam says the financial centre’s future is linked with liberalisation of the mainland
Bundesbank caps gold sales for next year at 6.5 tonnes
Germany’s central bank limits gold sales for the next twelve months at 6.5 tonnes under Central Banks’ Gold Agreement