Governance
Bank of Canada restructures to enhance stability
The Bank of Canada on Monday reorganised its senior management structure to better safeguard stability and improve its research capability.
Indonesia jails former governor for graft
Burhanuddin Abdullah, a former governor of Bank Indonesia, has been sentenced to five years behind bars for corruption.
IMF chief apologises for affair
Dominique Strauss-Kahn, the managing director of the International Monetary Fund (IMF), has apologised for an affair with a former staff member, saying the relationship was "a serious error of judgment."
Caruana, Ortiz, Ingves interviewed for BIS job?
Jaime Caruana, Guillermo Ortiz and Stefan Ingves are the candidates for the top job at the Bank for International Settlements (BIS), a leading German financial daily reported on Friday.
Yamaguchi named new Bank of Japan deputy
Hirohide Yamaguchi has been made deputy governor at the Bank of Japan, filling a position vacant since March.
Fed $2.7bn down on Bear, GSE sell-off continues
The value of the assets held on the Federal Reserve's books as collateral for its $29 billion loan to failed investment bank Bear Stearns fell by 9.2% over the third quarter, it emerged Thursday. Data also showed foreign central banks flight from Fannie…
RBI strikes day after rate cut
An employee strike at the Reserve Bank of India shut down trading on the Mumbai bond exchange on Tuesday.
Bank appoints new financial stability director
The Bank of England has promoted Andrew Haldane, the head of its systemic risk assessment division, to executive director for financial stability.
Tokyo finally nominates deputy
The Japanese government has nominated Hirohide Yamaguchi for the role of deputy governor at the central bank, a position left vacant since March.
Bank appoints Magic Circle partner as legal chief
Graham Nicholson, a partner at Freshfields Bruckhaus Deringer, one of the City of London's most prestigious law firms, will become the Bank of England's chief legal adviser at the start of next year.
Riksbank deputy to step down
Irma Rosenberg, the first deputy governor at the Riksbank, will leave the institution at the end of the year.
Malaysia's Zeti to head BIS's Asia Council
Zeti Akhtar Aziz, the governor of Bank Negara Malaysia, is to chair the Bank for International Settlements' (BIS) Asian Consultative Council.
Iran appoints Bahmani as governor
Mahmoud Bahmani, the generally secretary of the Central Bank of Iran, is to take the helm after the sacking of Tahmasb Mazaheri, local media has reported.
Polish PM finally approves deputy nomination
Donald Tusk, Poland's prime minister, will give the nod to Witold Kozinski to become a deputy president at the country's central bank despite earlier misgivings regarding the economist's stance on currency intervention.
Tehran ousts central bank governor
Mahmoud Ahmadinejad, Iran's president, has sacked Tahmasb Mazaheri, the governor of the country's central bank, after just 12 months in charge, state media reports.
Sparks fly between Cox and McCain
Christopher Cox, the chairman of the Securities and Exchange Commission (SEC), and John McCain, the Republican president candidate, have clashed over McCain's comment that he would fire Cox if he were president.
SARB senior staff get inflation-busting pay rise
The South African Reserve Bank has awarded its governor and deputies massive pay rises at a time when inflation is far above the central bank's target band.
New RBI governor pledges to fight inflation
Duvvuri Subbarao, who took the helm at the Reserve Bank of India on Friday, has said fighting inflation is his "immediate priority".
I'll stay if asked: SARB's Mboweni
Tito Mboweni, the governor of the South African Reserve Bank, confirmed that he would be willing to serve another term at the central bank, after earlier reports suggested he would leave when his current contract expires next July.
Delhi defies expectations, names new governor
Delhi has named Duvvuri Subbarao, a finance secretary, the new governor of the country's central bank, confounding expectations of a second term for the incumbent Y.V. Reddy.
SARB to clarify Mboweni's mixed messages on future
The South African Reserve Bank will attempt to set the record straight on Tito Mboweni's future on Tuesday after the governor appeared to contradict himself on his plans for a third term in an interview given over the weekend.