Governance
People: German and Dutch central banks lose board members; Philadelphia Fed appoints research head
Longest-serving Bundesbank executive board member to step down; Netherlands Bank loses governing board member; Philadelphia Fed replaces departed Loretta Mester; more
New Nigeria governor Emefiele to target unemployment and lending to 'key sectors'
New governor says bank ‘cannot sit idly by and concentrate only on price stability' at first press conference; unemployment rate to play key role in monetary policy decisions
Central African central bank needs liquidity management overhaul, IMF says
IMF's annual mission to the Central African Monetary and Economic Community called for improved operations at the central bank and reform of government securities markets
People: Dewatripont is new Belgian no.2; RBA appoints new economics research head
Mathias Dewatripont replaces Françoise Masai as vice-governor of the National Bank of Belgium; RBA promotes Alexandra Heath as Jonathan Kearns heads for the BIS; and more
Obama urged to fill Fed board with community bankers and financial reform champions
Leading Democrats on Senate Banking Committee say it is 'critical' that two vacant Fed board seats are filled by nominees with 'strong commitment to financial reform'
Bank of England appoints ten new directors
Names are unveiled ahead of the BoE's sweeping structural overhaul that comes into force next week; nine out of 10 appointees comes from inside the bank
Inflation report forecasts tend to be right, research shows
IMF and Czech National Bank economists check inflation outcomes against central bank predictions, finding them to be broadly in line
Bank of Thailand appoints new deputy; ex governor hired by military regime
Central bank board appoints one new deputy and changes the portfolio of another; ex governor Pridiyathorn Devakula named economic adviser to military junta, again
IMF says Irish government should bolster central bank independence
International Monetary Fund report encourages the government to cede power over the central bank; authorities ‘disappointed’ by findings
Fed board remains depleted despite Fischer confirmation
When Jeremy Stein steps down on May 28, the board will comprise three official governors, as Lael Brainard and Jerome Powell await confirmation and further nominees have yet to be made
Armenia central bank chair wins second six-year term
Arthur Javadyan will remain at the helm of the Central Bank of Armenia for another six years; country is entering into another programme with the IMF
Yellen hails Bernanke's courage in university speech
Fed chair Janet Yellen tells New York University graduating class her predecessor was brave to take ‘unprecedented' actions to fight the financial crisis
Nigerian court ruling deepens concerns over central bank independence
Former governor Sanusi Lamido Sanusi's appeal against presidential decision to suspend him is dismissed by judge; investors ‘nervous' about bank's autonomy
Serbia lifts donation fees in ‘solidarity' with flood victims
National Bank of Serbia set to publish list of banks showing ‘solidarity' by not charging to process donations directed at helping those affected by severe flooding
UK banks to fund ‘independent' body tasked with improving industry culture
Recommendations on conduct from former Bank of England MPC member ‘accepted' by seven major banks; new body to be launched later this year
Vatican central bank set up to fight financial irregularities
The ‘outlier' bank's most important task will be to manage foreign reserves, but will need radical changes if it is to clean up the Vatican's finances as the Pope wants
Central Bank of Hungary adopts new constitution
The ‘internal constitution' reinforces central bank's ‘extremely broad range of competencies' and stresses cooperation with government to promote growth
Bush adviser appointed to Bank of England MPC
Kristin Forbes second woman to be appointed to the all-male committee of nine in two months; former member cautions over lack of labour economics experience on MPC
Bowles turns down ECB invite to join Supervisory Board
Sharon Bowles, who is stepping down from the European Parliament this month, fears the ECB is eyeing an expansion of its influence through macro-prudential policy
Fijian deputy out, governor could be next
The deputy governor at Fiji’s central bank announces his retirement, while the president hesitates over whether to hand the governor a second term
Newspaper spat puts ‘serious dent in credibility' of Central Bank of Barbados
A spokesperson for the bank declined to comment on claims The Nation has been banned from attending press conferences; newspaper is considering legal action