Financial Stability
India profited from tailored reform: Chakrabarty
Reserve Bank of India’s Kamalesh Chakrabarty says progressive but cautious policies contributed to financial stability amid international financial turbulence
ECB’s González-Páramo cautions on fiscal burden
European Central Bank's José Manuel González-Páramo says fiscal exit strategies need to start alongside economic recovery
Self-regulation has its limits: France’s Noyer
Banque de France’s Christian Noyer says turmoil has underlined weaknesses in financial sector’s ability to police itself
First consultations held on currency for East Africa
Bank of Tanzania hosts first meetings on plans for East African Monetary Union
Use political will to reform finance: Buba’s Weber
Bundesbank’s Axel Weber says political momentum should be utilised to reform global financial market architecture
A model for an economy's target value of assets
Centre for Economic Policy Research investigates global imbalances
UN agency calls for global monetary reform
UNCTAD says capital controls needed to curb financial excess, dollar’s role as global reserve currency “increasingly challenged”
Greenspan blames “human nature” for crunch
Former Federal Reserve chairman Alan Greenspan sceptical that another crisis can be avoided until humans learn to accept cyclical nature of capitalism
Card payments continue to soar
Latest World Payments Report sees non-cash payments growing to 250 billion
Banks agree to expand central clearing for derivatives
Fifteen banks commit to more central clearing for certain derivatives in bid to fix industry’s tarnished reputation
Banque de France review offers regulatory preview
Report features contributions from Jaime Caruana, Claudio Borio, Sheila Bair and Nout Wellink
Floating rate key defence, says Colombia’s Uribe
Central Bank of Colombia’s José Uribe says a flexible exchange rate proved crucial in coping with the global financial crisis
ECB’s Stark –regulation must remain on the agenda
European Central Bank’s Jürgen Stark says policymakers should remained focused on improving regulatory framework despite economic “green-shoots”
Basel outlines plans to tighten bank regulation
Central bank governors and heads of supervision agree on raft of measures to rein in banks
Turkey can do without Fund’s loans – Yilmaz
Central Bank of Turkey’s Durmus Yilmaz says improving balance of payments means it may not need IMF loans in the future
PBOC’s Su in Taiwan for bill-financing talks
Su Ning, a deputy governor of the People’s Bank of China (PBOC), visits Taiwan to discuss the development of bill financing markets
ECB announces exit strategy
Trichet sets out cornerstones of retreat from extraordinary policy action
US Treasury outlines banking reforms
Treasury wants standards to be as uniform as possible across jurisdictions
Cautious policies still necessary: Strauss-Kahn
International Monetary Fund head stresses economic conditions remain rocky
How the Philippines is responding to the crisis
Central Bank of the Philippines' Amando Tentangco Jr describes policy response to crunch
Payments between healthy and unhealthy banks
Bank of England research investigates how settlement banks in CHAPS, the UK's large-value payment system, deal with operational risk
Sanusi’s crackdown should be applauded
Central Bank of Nigeria governor Lamido Sanusi’s rescue of five undercapitalised Nigerian banks was the right move, argues Razia Khan, the head of research for Africa at Standard Chartered, a bank
Nigerian governor under parliamentary fire
Governor Sanusi taken to task for bank bailout
UK lends IMF SDR9.92 billion
Provision part of EU commitment made at April G20 meeting