Governance
Argentine governor clings on to job as politicians splinter
Argentine Senate postpones vote on rejecting new governor Mercedes Marcó del Pont to next Wednesday after opposition factions disagree
Stelmakh to remain Ukraine chief for now
National Bank of Ukraine governor Volodymyr Stelmakh will remain in office for the time being having overstayed term limit by three months, according to new prime minister
Fischer offered second term: reports
Local media says premier Netanyahu has asked Bank of Israel governor Stanley Fischer to stay on
Canada names Longworth’s successor, deputy Duguay to retire
Bank of Canada appoints special adviser Jean Boivin as deputy governor to fill vacancy created by David Longworth’s retirement, Pierre Duguay also to leave the central bank
SARB will not be nationalised: Treasury
South African finance minister Pravin Gordhan dismisses talk of placing the central bank under state ownership, condemns shareholders’ tactics to force state takeover
SEC chief economist quits for private sector
Securities and Exchange Commission head economist James Overdahl will start as deputy head of a Washington consultancy at the end of March
ECB names new statistics head
European Central Bank says Aurel Schubert of the Austrian central bank will be the new chief of its statistics directorate
Interview with Takatoshi Ito
Takatoshi Ito, a professor at the University of Tokyo, discusses whether recent comments by Japan’s finance minister undermine the central bank’s independence
Noyer to chair BIS board
Banque de France governor succeeds Guillermo Ortiz as chairman of Bank for International Settlements’ board
ECB surplus drops more than 16%
European Central Bank reports a €2.218 billion surplus, and a €2.25 billion profit, pinning fall in interest income to low rates on dollar assets
Norway’s wealth fund smashes profit record
Norway’s Government Pension Fund–Global sees a 25.6% return on its investments for 2009, trumping the benchmark portfolio by more than four percentage points
Swiss stabfund losses wipe out UBS equity
Revaluation wipes more than $5.6 billion off the value of SNB’s toxic-asset portfolio
Argentine Senate set to reject governor
Central bank set to be leaderless again after committee vote against Fernández ally
Lawmakers clash over Fed role in consumer protection
Senior Democrats infuriated over possible revision to regulatory reform bill that would keep consumer protection under the Fed, against original promise
Fernández’s central bank raid finally succeeds
Hours after admitting defeat on emergency decree, President Fernández plunders central banks reserves through new measures
Philadelphia Fed appoints new VPs
Central bank shifts roles after senior vice president Richard Lang announces decision to step down
Kohn to leave Fed in June
Federal Reserve’s Don Kohn to depart once his term as vice chairman ends
Argentine president drops efforts to plunder reserves
President Fernández abandons plans to raid central bank’s coffers to repay national debt for now
Last survivor of Bretton Woods dies
IMF managing director calls Jacques Polak an “iconic figure”
Macklem named Canadian senior deputy
Tiff Macklem to move back to central bank to take on role vacated by Paul Jenkins