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Regulator to study Brazil comparative rate system
CHILE - Chilean banking authorities will study the implementation of the Brazilian Central Bank's comparative interest rate system with a view to boosting transparency and competition in the loan market, Chile's chief banking regulator Enrique Marshall…
Consumer protection and the banking industry
SPEECH - Joseph Yam, JP, Chief Executive of the Hong Kong Monetary Authority, at the Hong Kong Association of Banks' Half-Yearly Dinner, Hong Kong, 19 June.
Stanley Fischer - Argentine Bankers Association
SPEECH - Stanley Fischer, First Deputy Managing Director of the International Monetary Fund has spoken at the Argentine Bankers Association Meeting Buenos Aires, 25 June.
European interest rates held steady
EUROPE - The European Central Bank (ECB) has left eurozone interest rates unchanged for the second month in a row. Their main refinancing rate remains at 4.5%.
Bank of England leaves interest rates unchanged
UK - The Bank of England's Monetary Policy Committee (MPC) has left UK interest rates unchanged for the second month in a row. The committee concluded their two day meeting on 5 July. The Bank's base rate remains at 5.25%.
Former Czech bank head accused of dubious actions
CZECH REPUBLIC - A special parliamentary committee on 3 July savagely attacked the Czech minority government for the way it handled the country's biggest banking crisis last June.
Indonesia expects smooth talks with IMF mission
INDONESIA - Indonesia's chief economics minister said on 4 July he expected smooth talks with an IMF team due to arrive this week on a mission aimed at paving the way for resumption of a $5 billion loan programme.
Russian gold and currency reserves grow by $500m
RUSSIA - The PR department of the Central Bank has reported that between 15 June and 22 Russia's gold and currency reserves grew from $33.7 billion to $34.2 billion.
RBNZ introduces E-mail statement service to public
NEW ZEALAND - The Reserve Bank of New Zealand on 4 July started to deliver its press statements to the general public via e-mail for the first time.
Taiwan sets up blue-ribbon economic committee
TAIWAN - Taiwan paved the way on 4 July for a multi-party task force to advise how to boost the island's faltering economy, a presidential aide said.
Interest rate decisions due
EUROPE - The European Central Bank and the Bank of England will both, separately, make their latest interest rate decisions tomorrow, 5 July. Neither is expected to cut rates further.
National Bank of NZ names chief economist
NEW ZEALAND - The Reserve Bank of New Zealand has appointed John McDermott as its new chief economist. He will start his new assignment on 20 August.
Ernst Welteke: Trends in international banking
SPEECH - Address by Ernst Welteke, President of the Deutsche Bundesbank, at the International Arab Banking Summit held in Frankfurt, 19 June.
Reflections on Globalization, Spain, and the IMF
SPEECH - Eduardo Aninat, Deputy Managing Director, International Monetary Fund spoke at the General Meeting of ELKARGI, San Sebastian, Spain, 29 June.
China - Gold exchange may be coming
CHINA - China plans to establish a National Gold Exchange (NGE) this year, another step towards reforming its gold trading market.
Fed approves Citigroup's purchase of EAB
US - Federal banking regulators approved Citigroup Inc.'s $1.6 billion purchase of European American Bank, a deal designed to expand Citibank's presence in the New York metropolitan area.
National Bank of Hungary appoints deputy governors
HUNGARY - The National Bank of Hungary, the central bank of Hungary, has appointed Peter Adamecz and Henrik Auth as deputy governors.
Fed settles with ex-Bankers Trust exec
US - The U.S. Federal Reserve said yesterday, 2 July, it had settled charges brought against a former Bankers Trust executive in connection with accounting violations at the bank during the mid-1990s.
Deputy head named at Bank of Kuwait
KUWAIT - Mustafa Al-Shimali has been appointed as head of the board of the Bank of Kuwait and the Middle East.
Three regulators criticise new SEC rules
US - Three major U.S. banking regulators issued a scathing criticism on 2 July of the Securities and Exchange Commission's interim final rules on when banks can be exempt from standard dealer and broker requirements.
Korea's smaller chaebol could own banks
SOUTH KOREA - South Korea may take the controversial step of turning to smaller conglomerates to sell off nationalised banks, the head of Seoul's top state-run thinktank suggested in a Reuters interview today, 3 June.
Christian Noyer speech - The Euro Area
SPEECH - Speech delivered by Mr. Christian Noyer, Vice-President of the European Central Bank, at the American Chamber of Commerce in Germany, Stuttgart, 29 June 2001.
Presentation of the ECB's Annual Report 2000
SPEECH - Introductory statement delivered by Dr. Willem F. Duisenberg, President of the European Central Bank to the European Parliament, Strasbourg, 3 July 2001.
'Jury' returns vote of confidence in central bank
EUROPE - Morgan Stanley Dean Witter, the US investment bank, recently held a conference at which the main attraction was a mock trial of the European Central Bank, as reported in the FT London.