National Bank of Denmark
People: Denmark names board member; interim chief quits UK FCA
Signe Krogstrup joins board; Chris Woolard to leave FCA after chairing review; MAS shuffles top ranks; long-serving central banker departs Bank of Namibia
People: CBSL gains board members; RBNZ forms new department
RBNZ fills two new payments roles; long-time Danish official retires from the central bank; ECB comms chief moves to private sector
BIS expands innovation hub network
Several new locations unveiled in Europe and North America
National Bank of Denmark divests stake in securities firm
Central bank will sell its 24.2% ownership of VP Securities to Euronext
Dollar crunch eases as central banks step up swaps action
Core swap recipients will offer daily dollar auctions; cross-currency basis narrows
Denmark renews contract with Mint of Finland
Mint will continue to produce Danish coins until 2025
Cash usage falling rapidly in Denmark
Share of the population not carrying cash doubled from 2017 to 2019
Innovation in reserve management: BlackRock
The US asset manager has made great strides in its technology, research and advisory capabilities, allowing clients to implement ESG while preserving financial returns
European pension fund liquidity may need to rise – Danish central bank
Central clearing exemption to expire in 2023 under market infrastructure regulation
Denmark cuts main rate, mirroring ECB’s move
Scandinavian central bank has pegged the krone to the euro since the single currency’s launch
Central Banking’s ‘Leaders’ for custody, banking and gold
Central banks want integrated custody platforms and real-time data from custodians as the low-yield environment drives demand for banking services and increases the relative attractiveness of gold
Denmark’s RTGS proves resilient to liquidity stress test
Kronos responds to IT failure, lack of access to money markets and reduced intraday credit
Denmark joins central banks’ green finance network
Network for Greening the Financial System is working to tackle climate change
Denmark set to continue growing despite risks – central bank
The Scandinavian economy is prepared to withstand external shocks, says analysis
Technology in reserve management: Outlook for 2019
Reserve managers look to cloud for solutions, but security issues remain
Danish mobile phone use cuts cost of P2P payments
Widespread adoption of technology fosters more efficient operations
Nordic-Baltic crisis simulation seeks to reinforce collective response
Nordic-Baltic Stability Group carried out first region-wide crisis scenario in January
Danish krone rate has limited impact on current account – research
Household savings have a far larger effect, central bank says
EU labour mobility is cyclical stabiliser – paper
Common market allows migration from countries with high unemployment to markets looking for workers
Denmark intervenes to maintain euro peg
A rate hike is “very likely” if intervention continues, analyst says
Staff cuts made at majority of central banks since 2013
But staff numbers grow at several banks, including ECB and Bank of England
Number of risky housing loans issued in 2018 drops, says Danish central bank
Limits on loan-to-value and debt-to-income ratios have seen reduction on risky loans
Denmark adopts cyber resilience programme
European Central Bank developed the test, which sets a new standard in the financial sector
Cyber resilience hinges on collaboration, Nordic central bankers say
A decline in cash usage means Nordic economies cannot rely on it as a backstop when systems fail; preventative measures must be cost effective, says Norwegian deputy