Central Banking
ECB’s Tumpel-Gugerell calls for structural reforms
European Central Bank's Gertrude Tumpel-Gugerell says structural reforms needed to emerge from the crisis
Future rate disclosure works
Bank of Italy looks at the impact of disclosing future rate movements as part of monetary policy
Bank economist to head Nomura’s European team
Peter Westaway leaves the Bank of England, joins investment bank as chief economist for Europe
Australia hikes rates in surprise move
Reserve Bank of Australia joins Bank of Israel in tightening borrowing costs on signs recovery in full flow
A cynical view of the 2009 IMF/ World Bank meetings
Robert Pringle, the chairman of Central Banking Publications, sums up this year’s gathering in Istanbul
Geithner wades into World Bank funding debate
Tim Geithner says governments must support World Bank’s bid for more capital after officials question governance model
G30 calls for smaller IMF board, surveillance revamp
Group of Thirty wants four European members off International Monetary Fund board, says all countries must agree to surveillance reports
DSK picks ex-Japanese politician to succeed Kato
International Monetary Fund managing director proposes Naoyuki Shinohara as next deputy managing director
Former Bank official to advise Treasury on stability
Alistair Clark to advise Whitehall on financial stability
FDIC’s Bair offers too big to fail answer
Federal Deposit Insurance Corporation chair says current wind-down mechanism should be extended to all banks
World Bank – Annual Report 2009
World Bank outlines post-crisis support measures
Watch out for inflows: India’s Subbarao
Reserve Bank of India’s Duvvuri Subbarao says emerging markets should think about how to respond to post-crisis hot money inflows
Culture matters for regulation
Bank of Italy says trust has impact on preferences for regulation
Raise liquidity rule for property funds – Buba
Analysis of German real-estate funds during the crisis shows that regulators should impose a higher liquidity ratio, a new paper from the Deutsche Bundesbank argues
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
Accounting standards and capital regulation for securitisation
Bank for International Settlements looks at how regulators could alter the securitisation chain and its influence on originators’ incentives
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
Traders’ inventories affect market liquidity
Philadelphia Federal Reserve investigates how holdings of mortgages will affect traders’ propensity to buy and sell further
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