Articles by Rachael King
Andrew Bailey to be next BoE governor
FCA chief will return to central bank after turbulent term at sister regulator
Podcast: Central Banking launches Tech Talk series
In the inaugural episode, Rachael King and Adam Csabay cast a critical eye over some of the biggest fintech developments of 2019
Central banks should collaborate on multicurrency CBDC – research
Lithuania’s central bank notes national CBDC projects will not solve global payment inefficiencies
Mauritius to roll out forward-looking policy framework
New monetary policy operating framework will look to smooth the yield curve and improve communication with external stakeholders
Cyber stress tests reveal risks in Singaporean firms
Insurance firms report potential losses as high as $3.4 billion, while banks’ costs could hit 65% of quarterly profits
Government cannot ‘grab’ central bank’s resources – Njoroge
CBK governor reiterates central bank-funded bailouts “never work”, as state agencies are forced to surrender excess securities and Treasury bills
De La Rue faces uncertain future as profits collapse
Profits plummet 87% as firm scrambles to cut costs
Zimbabwe reverses policy stance, slashing rates to 35%
Monthly inflation continues uptick, but central bank’s MPC halves policy rate following review
Carney says BoE is ready to cut rates as MPC votes to hold
Two dissenters vote for rate cut as BoE cuts UK growth forecasts on back of new Brexit deal
Argentine central bank restricts crypto asset purchases
Central bank continues with measures to resist peso’s decline by curbing digital assets
Central banks face obstacles to going green – panellists
Immaturity of bond market makes it harder for central banks to tackle climate risk; panellists discuss whether mandates should change
Brexit coin to be recycled amid further delay
Coins bearing October 31 exit date to be melted down, but Treasury says a commemorative coin will still be produced when the UK leaves the EU
Israel’s Steiner: central banks must adapt to changing banknote demand
Ilan Steiner highlights importance of banknote data in forecasting future demand
Central Banking’s ‘Leaders’ for custody, banking and gold
Central banks want integrated custody platforms and real-time data from custodians as the low-yield environment drives demand for banking services and increases the relative attractiveness of gold
Suriname's president replaces fired governor
Robert van Trikt vows to not bow to political pressure and finance public spending, and says focus for next year will be on AML controls and payment maturation
Promotion chances crucial to boosting gender balance at central banks – ECB
European Central Bank assesses the success of diversity policies in addressing the gender gap
Podcast: North Macedonia on the brink of change
New central bank governor is determined to put her own stamp on an institution preparing for change, as the country looks to enter the EU
Central banks will not rescue firms from future of payments – ECB’s Cœuré
Market disruption is likely as incumbent banks fight to remain relevant to customers who demand more from their payment service providers
Cyber fraudsters starting to rethink tactics – report
Swift research shows hackers have switched to transferring smaller amounts during normal business hours
UK Labour Party floats idea of house price target for BoE
Report from opposition party suggests central bank could target 2% house price growth
Philippines joins local currency settlement network
Malaysia, Indonesia and Thailand created system in 2017 to ease reliance on US dollar
Arab regional payment system set for 2020 launch
The new system would replace the costly and inefficient correspondent bank model
ECB still short of 2019 gender targets
European Central Bank may restart recruitment processes if not enough women apply for roles, as it looks to meet ambitious targets by the end of the year
Namibian government proposes to cap its borrowing from central bank
Finance minister asks for five-fold increase to central bank’s capital to pay for new responsibilities