Central Banking
UK regulator hires Credit Suisse top brass
The Financial Services Authority, the British regulator, has recruited Credit Suisse's chief operating officer for its UK private banking business.
Gjedrem calls for higher capital requirements
New and higher capital requirements must be imposed on banks, said Svein Gjedrem, the governor of Norges Bank.
Financial order changing - Macedonia's Goshev
The global financial crisis is going to reshape the international financial architecture, said Petar Goshev, the governor of the National Bank of Macedonia.
Ordoez urges labour reform
Labour-market reform is crucial for the Spanish economy's future, said Miguel Ordoez, the governor of the country's central bank.
Risk premia can be procyclical
New research from the Bank of England shows that risk premia can be procyclical.
Fed gloomy on 2009, more bullish on 2010 and 2011
The Federal Reserve has reduced its forecast for economic growth this year, but has upgraded its projection for 2010 and 2011.
Further questions over SEC in Stanford affair
The US Securities and Exchange Commission (SEC) faces further questions over its authority and competence as the fallout from the regulator's fraud charges against Sir Allen Stanford continues.
Bank of Japan to buy up corporate paper
The Bank of Japan announced plans to spend up to one trillion yen ($10.6 billion) in outright purchases of corporate paper in a bit limit the damage from "severe" financial and economic conditions.
What payments experts have learned
Payments experts have learned a lot about liquidity risk and lender of last resort from the crisis, explained Daniel Heller, the new head of the influential CPSS Secretariat in Basel.
Fiji must meet global AML standards - Narube
Fiji must comply with global anti-money laundering standards, said Savenaca Narube, the governor of the country's central bank.
Bahrain's Al-Majar: forex swaps valuable
The establishment of a foreign-exchange swap facility is a key initiative in Bahrain's effort to address the current financial turmoil, said Rasheed Al-Majar, the governor of the Central Bank of Bahrain.
Papademos on macroprudential supervision
The European Central Bank and the Eurosystem are well placed to assume the tasks of macroprudential supervision, said Lucas Papademos, the vice president of the ECB.
RBA explains February cut
Significantly lower forecast for domestic output growth than expected was behind the Reserve Bank of Australia's cut in the cash rate by 100 basis points to 3.25%, according to minutes of the February meeting.
Riksbank's Svensson solves liquidity-trap problem
Lars Svensson, the deputy governor of the Sveriges Riksbank, has devised what he has labelled a "foolproof way" to escape a liquidity trap.
Greenspan: nationalise but protect bondholders
Alan Greenspan, a former Federal Reserve chairman regarded as one of the foremost proponents of free markets, has conceded that some American banks may need to be nationalised.
Universal regulator model on the up
The number of countries adopting a single regulator model for the supervision of their banking, securities and insurance industries rose in 2008.
Bank's MPC wants money levers to hit target
The Bank of England's Monetary Policy Committee has unanimously called for the use of tools to boost the money supply to meet its inflation target, minutes of its latest rate vote reveal.
Canada appoints governor's adviser as deputy
Timothy Lane will replace Sheryl Kennedy as deputy governor of the Bank of Canada, the central bank announced.
Forex reserves not perfect insurance - IMF's Kato
High levels of foreign-exchange reserves can not fully insure against a sudden stop of capital inflows, said Takatoshi Kato, a deputy managing director of the International Monetary Fund.
Basel's Wellink: focus on shadow-banking sector
Supervisors need to focus on closing regulatory gaps in their financial systems, said Nout Wellink, the chairman of the Basel Committee on Banking Supervision and president of the Netherlands Bank.
Union activity linked to swings in output
Countries with high union density experience larger fluctuations in output, posits a new paper from the European Central Bank.
RBA's Edey has high hopes for Australia's economy
There are reasons to expect the Australian economy to continue perform better than its international counterparts, said Malcolm Edey, an assistant governor of the Reserve Bank of Australia.
HKMA to keep keener eye on securities business
The Hong Kong Monetary Authority (HKMA) is set to enhance the monitoring of banks' securities business, said Y.K. Choi, a deputy chief executive at the institution.
Emerging markets should watch fiscal positions
Emerging-market economies should pay off their debts sooner rather than later, posits new research from the Bank of England.