News/Governance
Bank of Japan scandal last thing Japan needs
According to this article by Bloomberg, published Friday 16 June, the Bank of Japan risks getting in the way of an economic recovery again, with a political scandal.
BOI tops public servant 'fat cat' list
This article from The Jerusalem Post, published Tuesday 13 June, quotes a report from the Wage Supervisor's Office 2004 annual report as saying that senior Bank of Israel staff accounted for the top 14 most highly paid public servants.
Senate backs Kohn's Fed nomination
The Senate Banking Committee on Wednesday 14 June approved the nomination of U.S. Federal Reserve governor Donald Kohn to be vice chairman at the central bank, sending it to the full Senate for a final vote.
China appoints new central bank vice-governor
China's state council has named Liu Shiyu, the former assistant to the governor of the People's Bank of China, as the new central bank vice-governor.
Clearly, Greenspanese isn't his language
According to this article by The New York Times, published Sunday 11 June, Federal Reserve chairman Ben Bernanke has shown in recent comments that he knows how to send a message.
BOZ appoints new spokesperson
The Bank of Zambia announced Monday 12 June that it has appointed Penlope Mapoma as it's Head of Public Relations.
Bank of Spain governor appointed to IMF post
The IMF said Wednesday 7 June it has appointed Bank of Spain governor Jaime Caruana as head of a new IMF department that will be responsible for all aspects of the Fund's financial, capital market and monetary work.
Greenspan picks writer to help with memoirs
Alan Greenspan has selected a Fortune Magazine veteran, Peter Petre, to assist him on his memoirs, The New York Times reported.
Final curtain for long running BCCI 'farce'
A full and final settlement was agreed on Wednesday 7 June on costs in the proceedings brought by the Liquidators of BCCI against the Bank of England.
Interview with BOJ's financial markets head
In an interview with Reuters published on Monday 5 June, Hiroshi Nakaso, director-general of the Bank of Japan's financial markets department said the BOJ is not targeting a particular level of reserves as it draws down excess liquidity from the banking…
Philadelphia Fed names new president
The Federal Reserve Bank of Philadelphia announced Tuesday 6 June that Charles I. Plosser, a professor of economics, has been named president of the Philadelphia Fed.
IMF approves Lipsky as first deputy MD
The International Monetary Fund's board on Thursday 1 June approved John Lipsky as IMF first deputy managing director, the second-highest position at the Fund.
ECB reshuffle aims for collegiate mood
According to the article "ECB reshuffle aims for collegiate mood and focus on policy" published by the FT on Friday 2 June, the European Central Bank has divided the role of its chief economist in a move that will allow an evolution in ECB thinking and…
Interview with Otmar Issing
In an interview published Thursday 1 June, outgoing ECB chief economist Otmar Issing said his parting message to his ECB colleagues was to get to grips with inflation.
Burhan Goklemez named dep gov in Turkey
Turkey named central bank insider Burhan Goklemez as a deputy governor of the bank on Wednesday 31 May.
Kohn Senate hearing set for 8 June
The Senate Banking Committee said on Thursday 1 June that it will hold a hearing on the nomination of Federal Reserve governor Donald Kohn to be vice chairman at the Fed next Thursday.
ECB announces distribution of responsibilities
Within the framework of its collective responsibility for the overall functioning of the business areas of the European Central Bank, the Executive Board of the ECB agreed Thursday 1 June on a distribution of responsibilities among its members, with…
Former Fed chair Volcker faults US policy
Former chairman of the Federal Reserve Paul Volcker has said US policy abroad is too abrasive.
IMF names Liam P. Ebrill as HR director
Rodrigo de Rato, Managing Director of the IMF, on Friday 26 May named Liam P. Ebrill to the position of Director of the Human Resources Department to succeed Jorge Marquez-Ruarte.
IMF's Rato offers condolences after earthquake
Rodrigo de Rato, Managing Director of the International Monetary Fund, made a statement offering his deepest condolences on Sunday 28 May regarding the earthquake affecting Indonesia.
BoE's Blanchflower approved by committee
The parliamentary Treasury Select Committee endorsed on Tuesday 30 May David Blanchflower's appointment to the Bank of England's Monetary Policy Committee.
Bush nominates Henry Paulson as Treasury Secretary
US President George W. Bush on Tuesday 30 May said he would appoint Hank Paulson, chief executive of Goldman Sachs, to take over from John Snow as treasury secretary.
Bernanke to deliver MIT's commencement address
Federal Reserve chairman Ben Bernanke will deliver the main commencement address at the Massachusetts Institute of Technology on 9 June.