Articles by Central Banking Newsdesk
Uncertainty over supply constraints: BoJ’s Nishimura
Bank of Japan deputy governor Kiyohiko Nishimura says central bank unsure when supply constraints will fade
RBA governor ahead of HKMA chief on pay scale
Reserve Bank of Australia governor Glenn Stevens overtakes Hong Kong Monetary Authority chief executive as one of the highest paid central bank heads
Overdraft surveys reduce balances in the red: Philly Fed paper
Philadelphia Federal Reserve study examines impact of overdraft surveys on bank balances
Ex-Italy governor should face prison, says prosecutor
Italian prosecutor demands three-and-a-half year jail sentence for former Bank of Italy governor Antonio Fazio’s alleged involvement in failed Banca Nazionale del Lavoro takeover
BoE stability committee sets June date for first meet
Bank of England’s Financial Policy Committee to meet in mid-June; governor to hold press conference
Malaysia reappoints Zeti as governor
Bank Negara Malaysia announces reappointment of Zeti Akhtar Aziz as governor. She will serve for another five-year term
China demands banks conduct stress tests on property loans
Chinese banks must carry out new stress tests
Bank minutes outlines downside risks to economy
Minutes of Bank of England monetary policy meeting highlights evidence of continued weakness in UK economy
RBI’s Subbarao: IMF capital control proposals lack flexibility
Reserve Bank of India governor Duvvuri Subbarao says IMF proposals on capital controls leaves little room for policymakers to exercise discretion
RBA minutes: impact of Japan quake on exports temporary
Minutes from Reserve Bank of Australia monetary policy meeting show disruption in exports to Japan expected to be temporary
Algeria’s Laksaci warns against advanced economy risks
Bank of Algeria governor Mohammed Laksaci says sluggish growth in advanced economies is creating uncertainty over global recovery
Lehman crisis could have been averted with Dodd-Frank: FDIC
Federal Deposit Insurance Corporation report says orderly resolution powers in Dodd-Frank Act could have allowed for orderly wind-down of failed investment bank Lehman Brothers
Officials gather in DC for IMF/World Bank spring meet
IMF/World Bank spring meetings address global economy and financial stability, governance progress and Japanese disaster
Ireland’s central bank failed to alert regulators to mounting crisis: banking report
Ireland’s Commission of Investigation into banking crisis says Central Bank of Ireland missed opportunities to alert regulators to impending risks in banking sector
Denmark hires assistant governor, promotes two department heads
Jens Lundager returns to central bank as assistant governor and head of financial markets; Karsten Biltoft and Frank Nielsen promoted to director level
Ethiopia’s Atnafu calls IMF to sharpen focus on LICs
National Bank of Ethiopia governor Teklewold Atnafu calls for Fund to scale up resources in lower-income countries
Capital constraints limits firm productivity: BoE paper
Bank of England study shows recession in United Kingdom limited firms’ ability to finance production costs
Portfolio correlation bias poses systemic threat: IMF paper
Fund paper finds evidence of systemic threat associated with correlation bias in allocation of investment funds
Malaysia’s Jaganathan highlights importance of supervision on insurance firms
Bank Negara Malaysia assistant governor Donald Jaganathan says insurance firms are not insulated from uncertainties of financial system
Nine securities regulators to join Iosco
International Organisation of Securities Commissions (Iosco) announces nine regulatory authorities have been invited to join
Asian Development Bank chief wants another term
Haruhiko Kuroda, the president of the Asian Development Bank, intends to run for re-election
Brazil slams IMF proposal on capital controls
Brazil’s finance minister Guido Mantega rejects IMF proposals for establishment of framework on capital controls; attacks Fund’s laissez-faire policy on capital movements
China agrees $3.83 billion currency swap with New Zealand
People’s Bank of China and Reserve Bank of New Zealand sign $3.83 billion currency swap deal to further facilitate renminbi trade
China raises banks' required reserves again
China hikes reserve requirements once more; from April 21 banks must retain 20.5%