Central Banking
Speech by Michael Moskow, President, Chicago Fed
SPEECH - Speech by Michael H. Moskow, President and CEO, Federal Reserve Bank of Chicago at the Bankers' Association for Finance and Trade, 11th Annual Conference on International Trade and Finance, Hotel InterContinental, Chicago, Illinois, 25 October.
Eastern Caribbean Central Bank- Annual Report 2001
ANNUAL REPORT - Summary of the Annual Report and Statement of Accounts of the ECCB for 2001.
Speech by Stephen Grenville of the RBA
SPEECH - Talk by Stephen Grenville, Deputy Governor of the Reserve Bank of Australia to the Australian National University Conference on Regional Financial Arrangements in East Asia, Canberra - 12-13 November 2001.
Fed 'model' predicts stock gains
ARTICLE - A valuation model used by the U.S. Federal Reserve Board indicated last week that stocks were some 14% undervalued.
ECB seeks bigger role in oversight of banks
GERMANY - The European Central Bank is aiming to reshape bank oversight in the European Union by giving itself a more prominent role.
Australia's res bank updates banks on terror links
AUSTRALIA - The Reserve Bank of Australia Friday updated financial institutions on the people identified by the United Nations and the U.S. as linked to terrorism.
Argentina gives details on refinancing debt
ARGENTINA - Argentina's government yesterday announced plans to refinance the debts of 10 provinces, the first leg of its effort to restructure the country's entire $155bn ( £106bn) stock of federal and provincial debt.
NZ res bank won't replace departing dep gov
NEW ZEALAND - The Reserve Bank of New Zealand isn't planning to fill the vacancy about to be created by the departure of one of its deputy governors, Murray Sherwin, officials said Wednesday.
Swiss regulator orders audit for Israeli bank unit
SWITZERLAND - The Swiss Federal Banking Commission said Tuesday it has concluded its investigations related to the country's money laundering case against Peru's former spy chief Vladimiro Montesinos and has ordered a special audit of Bank Leumi Le…
EBRD: Russian banking reforms not enough
Russia has been slow in reforming its banking system and a key test will be how new enforcement powers given to the central bank are used, the European Bank for Reconstruction and Development (EBRD) said in a report on Tuesday.
China lifts banking barriers to entry
The People's Bank of China has announced a programme for the opening of China's banking sector following the country's accession to the WTO.
Three cheers for the euro?
The euro received three notes of approval today from the the People's Bank of China, the IMF and the OECD.
Thai central bank re-financing
The Thai cabinet on Tuesday approved a proposal to re-finance 90 billion baht ($2.02 billion) in debts of a central bank unit set up to bail out and take over troubled financial institutions.
Speech by Svein Gjedrem Governor of Norges Bank
SPEECH - Speech by Central Bank Governor Svein Gjedrem of Norges Bank, Norway's central bank, at the conference on EMU and the euro hosted by The European Commission, Euro-Info Centre and NHO (Confederation of Norwegian Business and Industry), Oslo, 30…
Bank of Portugal - Annual Report 2000
ANNUAL REPORT - Banco de Portugal, the central bank of Portugal, has published its Annual Report for 2000.
Speech by Christian Noyer of the ECB
SPEECH - Speech by Christian Noyer, Vice-President of the European Central Bank, at the Foreign and Commonwealth Office, London, 12 November.
European Central Bank report
ECB PRESS RELEASE - Publication of the report of the European Court of Auditorson the efficiency of the ECB's management for the financial year 2000 and the ECB's reply to the report, Frankfurt, 9 November.
Eurozone economy 'is on the brink of recession'
ARTICLE - The eurozone economy may shrink in the fourth quarter of this year, and there is a risk of outright recession, according to the latest growth indicator produced for the Financial Times, FT Deutschland and Les Echos.
Buba's Welteke sees no '01 recession in Germany
GERMANY - Germany's economy is not in a recession and will grow at a small rate "above zero" in 2001, Deutsche Bundesbank President Ernst Welteke told German daily Frankfurter Rundschau in an interview conducted 22 October, but published on Friday.
Tight regulations for bank payments in Azerbaijan
AZERBAIJAN - In 2002, the National Bank of Azerbaijan (NBA) intends to draw in tight regulations for banking payments, said Elman Rustamov, Head of the National Bank of Azerbaijan. He said it is planned to utilize radical measures.
Banks in the US tighten lending standards
US - Reflecting the shaky US economy, banks have been tightening lending standards even as demand for loans continues to drop, according to the Federal Reserve's latest survey of loan officers.
Hungary's nat bank launch euro info campaign
HUNGARY - The National Bank of Hungary will launch an information campaign on 15 November to help Hungarian individuals to smoothly change their cash holdings in the 12 outgoing European currencies, estimated to be worth some HUF 70bn,NBH vice president…
DUMA won't deprive Russia's c bank of independence
RUSSIA - During a meeting of the working group of the Duma for the bill on the Central Bank on 12 November, deputies failed to come to agreement as to which body, the National Banking Council (NBC) or the Board of Directors, would govern the Central bank.
ECB's Noyer - Governing council may need change
UK - European Central Bank Vice President Christian Noyer said Monday that the ECB governing council may need to be reformed when accession countries from southern and eastern Europe eventually adopt the single currency.