News/Governance
Bank of Korea chief pledges wealth to education
The governor of the Bank of Korea, Park Seung, said this week that he is willing to donate his personal wealth to help the nation's education when he dies.
New spokesman for the New York Fed
Peter Bakstansky has been the spokesman for the New York Fed for so long - 30 years, to be precise - that his impending retirement will be hard to get accustomed to, at least for any journalist.
Christopher Cox sworn in as SEC chairman
With his wife Rebecca standing at his side, Christopher Cox took the oath of office to become the 28th Chairman of the Securities and Exchange Commission from Federal Reserve Chairman Alan Greenspan on Wednesday 3 August.
Wim Duisenberg
This obituary for former European Central Bank president Wim Duisenberg, who died on Sunday 31 July, contrasts his rough ride at the ECB with the high reputation he had enjoyed among fellow central bankers during his tenure as governor of the…
Rwandan Fin Min named to African Development Bank
Rwandan Finance Minister, Mr Donald Kaberuka (54) has been elected President of the African Development Bank Group (ADB) during the extraordinary Meeting of ADB Governors held on 21-22 July 2005 in Tunis.
Fed's Gramlich to join University of Michigan
The University of Michigan has selected Professor Edward Gramlich to serve as interim provost and executive vice president for academic affairs, effective 1 September, with approval from the university's board of regents.
White House may be considering Lindsey for Fed
The White House is expanding its search for a successor for Federal Reserve Chairman Alan Greenspan, according to a report Thursday, including former Bush adviser Lawrence Lindsey among the candidates.
Where does Greenspan keep HIS money?
Financial disclose forms released by the Federal Reserve recently show that chairman Alan Greenspan plays it safe when it comes to his own investments.
RBI readies for a 'Reddy Era'
This article published Friday 5 August takes an in depth look at Reserve Bank of India governor Yaga Venugopal Reddy. Reddy always speaks his mind, it says, and favours a "consensus" approach to policy issues. He can master any subject and is a voracious…
Italy favours fixed term for central bank chief
According to Italy's economy undersecretary Maria Teresa Armosino the government is ready to set a fixed term of office for the Bank of Italy governor, rather than the life term that currently applies.
ECB statement on Wim Duisenberg's death
The European Central Bank released a statement on Sunday 31 July following news of the death of former ECB president Wim Duisenberg.
Fazio defends conduct in takeover battle
Bank of Italy governor Antonio Fazio said he defended his conduct in clearing bank mergers and takeover bids, according to comments in La Repubblica newspaper.
Former ECB president found dead
Wim Duisenberg, former president of the European Central Bank, was found dead on Sunday 31 July at his villa in the south of France.
IADB elects new President
Colombian diplomat and former minister of economic development Luis Alberto Moreno was elected president of the Inter-American Development Bank on Wednesday 27 July during a special meeting of the Bank's Board of Governors at IDB headquarters in…
Bank of Canada appoints Special Adviser
The Bank of Canada announced the appointment of Bruce Little on Thursday to the position of Special Adviser for the year 2005-06.
IMF's Rato offers congratulations to Moreno
IMF Managing Director Rodrigo de Rato congratulated Luis Alberto Moreno on Wednesday 27 July following his election as President of the Inter-American Development Bank. Rato said his diplomatic experience and leadership will benefit Latin America's…
IMF chief draws fire over style as leader
This article published on Wednesday 27 July suggests a whispering campaign has begun in Washington against IMF chief Rodrigo de Rato. They accuse Rato of being a hands-off manager who spends too much time abroad and eyes Spain's highest elected office,…
Spain suggests supervisory appointment changes
Julio Segura, director of the Bank of Spain, has recommended a few changes to the way that appointments are made for executives of regulatory and supervisory boards.
Greenspan may get five more years
A California congressman has said he wants to introduce legislation to give Federal Reserve chairman Alan Greenspan five more years in the job.
Buchholz named as a candidate for Fed seat
Todd Buchholz, an adviser to President Bush during the 2004 presidential campaign, is being considered by the White House for a seat on the Federal Reserve Board, reports said this week quoting sources close to the administration.
Bernanke won't advise on Fed chairman choice
Ben Bernanke said on Monday he will not be involved in advising President George W. Bush on whom he should pick to succeed Alan Greenspan as chairman of the Federal Reserve.
Malaysia's Zeti sees more Islamic bank licenses
Bank Negara Malaysia may issue more Islamic bank licences to local banks and foreigners in a bid to transform the country into and Islamic banking hub, the central bank governor Zeti Akhtar Aziz said.
Atlanta Fed appoints assistant vice president
Brian Bowling has been appointed assistant vice president in the supervision and regulation division at the Federal Reserve Bank of Atlanta, Jack Guynn, president and chief executive officer of the Atlanta Fed announced on 5 July.
Interview with World Bank's Wolfowitz
In an interview published on Monday 11 July World Bank president Paul Wolfowitz said the multilateral lender wants to help foster discussion among industrialized nations and emerging market countries such as China and India on tackling global warming.