Bank of England (BoE)
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
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’
BoE notes rise in nominal gilt yields
Bank of England publishes latest quarterly report on its asset purchase facility; finds that nominal gilt yields on BoE stock are on average 30 points higher than in last quarter
BoE's Tucker: FPC capital powers 'won't be popular'
Attendees at ACT conference raise concerns about increased lending costs after Bank of England’s Tucker argues for powers to raise sectoral capital levels
City’s top brass throws weight behind London RMB initiative
London will become the next offshore centre for RMB trading, vows UK chancellor George Osborne; BoE's Bailey supportive of initiative
BoE’s Posen causes stir with vote switch
External MPC member abandons pro-QE stance; inflation concerns high among rate-setters, with Paul Tucker taking vocal lead
Robert Pringle's Viewpoint: The Fed, the euro and the IMF
Caruana and Shirakawa offer timely warning on the limits and dangers of loose monetary policy; more reform required in Europe
BoE publishes annual payments system oversight report
Bank of England's annual payments system oversight report reveals areas where further improvements are needed
BoE’s Bean named next president of Royal Economic Society
Bank of England deputy governor named president-elect of Royal Economic Society; will take over as president in April next year
BoE’s Fisher calls for central banks to bulk up risk management capabilities
Paul Fisher explains benefits of central banks doing independent credit assessment when evaluating collateral; says risk management functions need to be ‘bigger’ in central banks
BoE’s Posen says credit failures are hampering UK recovery
UK MPC member Adam Posen highlights lack of non-bank credit options as being among reasons for the slower pace of recovery in the UK relative to the US
King sets out loose monetary policy exit plan
Governor of the Bank of England explains how the UK will unwind from the loose monetary policy measures brought in to support the flailing economy
Central bankers debate loose monetary policy impacts and exit plans
Masaaki Shirakawa, Christian Noyer, Jean-Claude Trichet and John Gieve highlight the challenges of super-loose monetary policy; Cœuré says ECB has LTRO exit plan
UK FPC member believes drivers of risk need to change
New regulatory frameworks are positive but only changes to incentives that drive risk can prevent a future crisis, says Michael Cohrs
Interim FPC attacks banks’ progress in raising capital
Interim Financial Policy Committee says banks have yet to accumulate capital levels that would “ensure resilience in the face of prospective risks”; committee also discusses macro-prudential tools
Former BoE deputy governor warns on unwinding QE
Unravelling never-before-seen levels of quantitative easing in the global system will be an unprecedented challenge, says John Gieve
UK chancellor unhappy about past gold sales
George Osborne issues thinly veiled attack on Gordon Brown over gold sales a decade ago; minutes from latest BoE meeting reveal two votes for more QE
BoE chief economist highlights UK supply-side challenges
Broad and deep supply-side restructuring of UK economy required to achieve rebalancing, says Spencer Dale
QE is ‘decisively working’ say CBP panellists
Central Banking On Air event focuses on impact of quantitative easing; panellists agree emergency monetary policy steps have been effective but question whether the Fed has ‘over-committed’ itself
Sants to leave UK’s FSA in June
Financial Services Authority chief bows out well before prudential powers shift to the Bank of England next year; Bailey to take over prudential regulation role
BoE’s Broadbent discusses economic risks and stimulus
External member of the Bank of England's MPC discusses the UK's recovery and key risks facing the economy; says withdrawal of monetary stimulus should not happen 'any time soon'
King ‘baffled’ by suggestion of internal investigation
Governor of the Bank of England says he is “baffled” by Treasury Select Committee recommendation that the central bank investigate its own handling of the financial crisis
Fed launches Twitter account
Federal Reserve Board to 'tweet' information on speeches and reports to the Congress, among other items
BoE’s Haldane wants to see common financial language
Andrew Haldane calls for consistent language use in financial industry; says financial crisis exposed failures in information systems at many firms