Governance
Sarb, investors draw a line under dispute
South African Reserve Bank's first ordinary general meeting under amended law passes without shareholder dissent; governor Gill Marcus says outreach to shareholders will be expanded
Zimbabwe to axe 74% of staff: reports
Reserve Bank of Zimbabwe governor Gideon Gono says central bank will axe 1,600 jobs as part of measure to downsize institution, according to leading media
Yilmaz uneasy on proposed central bank move to Istanbul
Turkish lawmakers to consider relocating central bank from capital Ankara to Istanbul; central bank governor Durmuş Yilmaz would rather stay in Ankara
Kansas Fed’s Hoenig open to shorter lag in releasing FOMC transcripts
Kansas Federal Reserve president Thomas Hoenig says nothing inherently wrong in publishing rate-setter meeting transcripts with delay of less than five years
Fed audit sheds light on scale of deterioration in AIG vehicles
Federal Reserve publishes data illustrating the fall in asset value and quality in Maiden Lane II and III vehicles; Fed’s-eye view on crisis events revealed
Nordea chief to head European banks' trade body
European banking lobby group appoints Nordea chief executive Christian Clausen as president; Clausen takes over from ex-UniCredit chief Alessandro Profumo
Irish banks’ pay reforms inadequate: central bank
Central Bank of Ireland says banks’ remuneration policies are not sufficiently aligned with risk management strategies
FSA forced to admit 96 staff exits in Q3
UK regulator admits it lost almost 100 staff in the third quarter of 2010.
WikiLeak sparks King quit calls from Blanchflower
Former Monetary Policy Committee member David Blanchflower says Bank of England governor Mervyn King must resign over lack of political impartiality after new leak on whistleblower website
King is fully justified
The governor of the Bank of England is well within his rights to press politicians on the need for fiscal retrenchment, Robert Pringle argues.
Israel names Hizkiyahu successor
David Zaken named supervisor of banks; Zaken to replace Rony Hizkiyahu at the end of the year
Jordan appoints Sharaf as new governor
Former Central Bank of Jordan deputy governor Sharif Fares Sharaf replaces governor Umayya Toukan at helm of central bank
Budapest sets sights on Hungary’s rate-setting council
Hungarian government seeks amendment giving a parliamentary committee full control over majority of appointments to central bank’s Monetary Council
Tombini named new governor of Brazilian central bank
Central Bank of Brazil deputy governor Alexandre Tombini to replace current governor Henrique Meirelles
Meirelles to step down at the end of the year
Central Bank of Brazil governor Henrique Meirelles will leave central bank at end of year as President-elect Dilma Rousseff seeks change at central bank
Norges Bank: universal banking enhances development of corporate debt markets
Norges Bank study shows that universal banking model promotes successful securitisation of corporate debt markets
Neglecting financial stability was Bank’s biggest mistake: FSA’s Sants
UK Financial Services Authority chief and future Bank of England deputy Hector Sants says neglect of financial stability was Bank's gravest policy error
Liquidity regulation and its consequences
The Basel Committee’s proposals for liquidity buffers could have some dangerous side effects, William Allen warns
Lord Turner: FSA break-up unnecessary
Financial Services Authority chairman Adair Turner supports Twin Peaks approach “in theory” but argues benefits could have been achieved without breaking up regulator
Forrest Capie’s Bank anecdotes
William M. Clarke and Robert Pringle select some amusing excerpts from a new history of the Bank of England.
Forrest Capie’s Bank anecdotes
William M. Clarke and Robert Pringle select some amusing excerpts from a new history of the Bank of England.