Bank of England (BoE)
Explaining the crisis and informing the future
Frank Vibert examines how analyses of the fundamental causes of the financial crisis are shaping the policy debate
Interview: Sir Andrew Large
The former deputy governor of the Bank of England talks to Robert Pringle about how officials can better safeguard stability, and bankers’ behaviour in the run-up to the crisis
Underpinning systemic stability - the case for standards
Measures designed to make the financial system safer may not achieve their aim. There is a better way, Sir Andrew Large and Sir David Walker argue
ECB could offer governance concession on T2S
European Central Bank could modify governance arrangements of its settlement platform in a bid to entice sterling to join
Posen: we can’t call bubbles
Bank of England external rate-setter Adam Posen cites empirical evidence showing difficulty in distinguishing asset-price booms from busts
BoE survey shows heightened risk aversion in lending
Bank of England’s Agents’ summary of business conditions shows impaired balance sheets caused lenders to remain risk-averse
Bank’s MPC split three ways
Bank of England Monetary Policy Committee minutes show rate-setters remain divided over future outlook of economy
King’s letter to chancellor highlights inflation uncertainty
Inflation of 3.2% in October prompts Bank of England governor Mervyn King to pen another letter to the chancellor; move highlights high degree of uncertainty
A vision is needed of how the UK economy can be rebalanced
It is far from clear how Britain can rebalance its economy, writes Claire Jones
Lloyds CEO to step down from Bank’s court of directors
New Lloyds Banking Group chief executive António Horta-Osório to leave to avoid conflicts of interest
QE2 criticisms “baffling”: King
Attacks on the Federal Open Market Committee’s latest round of asset purchases meet with scorn from Bank of England governor
King: rebalancing pivotal to Britain’s economic health
Bank of England governor says biggest risk to British growth is external demand; relatively unconcerned by housing market
UK FSA director of financial stability quits
Financial Services Authority's David Strachan will leave role in first quarter of next year; departure adds to growing list of senior figures leaving regulator
Michael Bordo: Fed failed as lender of last resort
Federal Reserve did not fulfil its role as lender of last resort
Bank’s Tucker: Basel III not rigorous enough
Bank of England deputy governor Paul Tucker says framework will need to be supplemented
UK doesn’t need more QE: former MPC members
Sir John Gieve, DeAnne Julius and Rachel Lomax say Bank should hold on launch of QE2; Gieve flags asymmetric bias towards looser policy
Ex-Bank’s Lomax attacks government over cutbacks
Former MPC member Rachel Lomax lambasts climate of fear promulgated by Britain’s coalition government in order to pave the way for fiscal retrenchment
Bank’s Tucker: all EU countries should have resolution regime
Bank of England deputy governor Paul Tucker calls for national resolution regimes
Bank on payment splitting
Bank of England study shows quantity of liquidity necessary to settle payment depends on threshold for payment splitting
RBI looks at crisis impact on central banks’ balance sheets
Reserve Bank of India study shows financial crisis led to dramatic change in composition of central bank balance sheets
Bank’s Bean points to problems in measuring spare capacity
Bank of England deputy governor Charles Bean says difficulty in measuring spare capacity creates imprecise data
Bank to increase £5 notes in circulation
Bank of England will increase number of smallest banknotes in circulation; will also increase number of automated tellers dispensing the note
Mervyn King leans towards radical reform
Insured deposit banks are the way forward, writes Robert Pringle
Bank of England – Asset Purchase Facility Quarterly Report (Q3 2010)
Bank of England quarterly report on $316 billion facility finds growing stability in corporate funding commercial paper markets