Central Banking
US's Moran on sovereign wealth
Malan Rietveld talks to Jim Moran, a Democratic member of the Unites States House of Representatives and co-chair of the Congressional Task Force on Sovereign Wealth Funds.
Ireland's John Hurley to step down
Ireland’s central bank governor, John Hurley, will step down in September
Putin calls on central bank to lend directly
Vladimir Putin, Russia’s prime minister, has called on the central bank to lend to regional banks
HKMA signs agreement on renminbi settlement
The HKMA and People’s Bank of China laid the foundations for a renminbi settlement scheme to be based in the territory
Bernanke: public must grasp economic developments
Ben Bernanke says the public’s economic understanding is crucial for the conduct of monetary policy
Boston Fed’s Rosengren on forward-looking regulation
Boston Fed’s Eric Rosengren says that regulation must look for future risks in the system
Bank lending main conduit for crisis
Emerging economies with close ties to the banking systems of advanced economies have been hit hard by the financial crisis– IMF
Mauritius’ Bheenick: Doha talks key to recovery
Mauritius’ Rundheersing Bheenick says that Doha is key to driving a global recovery
BIS: banks must shrink and simplify
Basel calls for smaller, simpler and safer banks
Stability role will turn up political heat – Ortiz
Enhanced stability mandate likely to be accompanied by more political scrutiny, says Bank for International Settlements chairman and governor of the Bank of Mexico
Bernanke responds to claims of Merrill cover-up
Ben Bernanke, the chairman of the Federal Reserve, on Thursday claimed that the central bank had acted "with the highest integrity" in discussions with Bank of America over its takeover of Merrill Lynch, a now defunct investment bank.
Fed declares victory on deflation risks
The Federal Open Market Committee (FOMC) on Wednesday signalled that it no longer believes a serious threat of deflation exists.
IMF opens Lat Am technical assistance centre
The doors to the International Monetary Fund's (IMF) central American technical assistance centre opened for the first time on Wednesday.