Central Banking
Denmark - Financial Stability Report
The National Bank of Denmark finds it positive that most large- and medium-sized domestic banks have indicated that they will apply for government capital injections, said the central bank in its latest Financial Stability Report.
FSA's Turner pushes for tax on size
Adair Turner, the chief executive of the Financial Services Authority, has joined the growing chorus of calls for limits on banks' size.
Sri Lanka's Jayamaha moves into politics
Ranee Jayamaha has stood down as a deputy governor at the Central Bank of Sri Lanka after 37 years of service with the institution.
Central Bank of Russia - Annual Report 2007
The Central Bank of Russia notes the work done in 2007 to stabilise the rouble, improve and strengthen the country's banking system, and upgrade and ensure the effectiveness of the payment system in its latest Annual Report.
King steps up calls for global monetary reform
Mervyn King, the governor of the Bank of England, on Wednesday urged officials from around the globe to cooperate to fix the instability inherent in the current international monetary order.
OECD calls on ECB to cut rates
The Organisation for Economic Cooperation and Development (OECD) has urged the European Central Bank (ECB) to cut rates further.
Germany's Weber calls for strong ESRB presence
Central banks should have a strong presence in the executive committee of the proposed European Systemic Risk Board (ESRB), said Axel Weber, the president of the Bundesbank.
SNB's Jordan cautions on low rates
Responsible behaviour on the part of homeowners, and bank discipline when granting loans, is needed to ensure that a low-interest environment does not lead to destabilisation of the property market, said Thomas Jordan, a member of the Swiss National Bank…
PBOC to face policy challenges in the future
Changes to China's financial position have not affected the money demand function yet but will in the future, new research from the International Monetary Fund posits.
Realign lats: ex-Argentine chief economist
A former chief economist at the Central Bank of Argentina has claimed that the best strategy for Riga to pursue would be a contained devaluation of the lats.
Dubai joins Long-Term Investors Club
The Investment Corporation of Dubai, the investment arm of the government of Dubai, has joined the Long-Term Investors Club, a group of public-sector investment bodies.
Fed plans changes to repo markets - report
The Federal Reserve is considering a major overhaul to repo markets, where banks globally raise overnight dollar loans, reports say.
Belarus expects $2 billion in IMF funds
Alexander Lukashenko, Belarus's president, has said that the country expects to receive $2 billion from the International Monetary Fund (IMF) before the end of 2009.
Rating agencies: regulate or downgrade?
In the aftermath of the financial crisis, the actions of ratings agencies cannot remain unchecked, argues Ludek Niedermayer, a former vice governor at the Czech National Bank
Rejigging the OTC derivatives market
Patricia White, an associate director at the division of research and statistics at the Federal Reserve, has testified on how the central bank believes the derivatives market should be regulated.
Inflation targeting: lessons from the crisis
Spencer Dale, the chief economist at the Bank of England, has said inflation targeting should remain a mainstay of macroeconomic policymaking in Britain.
Central banks right for stability role
One regulatory organisation in each country should be responsible for overseeing the stability of the overall financial system and that organisation should be the central bank, new research argues.
Trichet sounds debt warning
Jean-Claude Trichet, the president of the European Central Bank (ECB), has warned that many European governments have reached the ceiling in terms of how much debt they can incur in fighting the recession.
RBI's Subbarao dismisses deflation worries
The governor of the Reserve Bank of India (RBI) has dismissed fears that the country's economy could suffer a prolonged bout of falling prices, saying that there was "no concern of deflation."
Blanchard and Roubini caution on global recovery
The developed world will see a return to positive growth by the end of the year, but sustaining the recovery will be a delicate balancing act, said Olivier Blanchard, the chief economist of the International Monetary Fund (IMF).
Swiss ponder new break-up measures
The Swiss National Bank (SNB) is considering ways to possibly break up large banks and wind down some of their business units during difficult times.
Angola to launch sovereign fund this year
Angola plans to launch a sovereign wealth fund before the end of 2009, Severim de Morais, the country's finance minister, has said.