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Governance

Buba names new communications head

Benedikt Fehr, a journalist for a German daily, is to become the new head of the Bundesbank's communications department after Christian Burckhardt, the former head, died tragically last December.

Morgan Stanley economist new MPC member

Alistair Darling, the chancellor of the exchequer, announced on Thursday that David Miles will replace David Blanchflower as an external member of the Bank of England's Monetary Policy Committee (MPC) on 1 June.

ECB books €2.7 billion surplus

The European Central Bank (ECB) earned a surplus of €2.66 billion ($3.34 billion) last year on the back of the euro's appreciation against the dollar and the yen, it emerged on Thursday. The central bank also revealed that it was owed €10.3 billion by…

Denmark names new departmental heads

The National Bank of Denmark has chosen Ove Sten Jensen and Ib Hansen as the new heads of departments for its government debt management and in its market operations wings.

Iceland's Oddsson out, Norwegian consultant in

David Oddsson, the beleaguered head of the Central Bank of Iceland, was forced to step down on Friday following the passing of a new central bank act. Svein Harald Oygard, a director at McKinsey, a consultancy, will replace him as interim governor.

Zim's Tsvangirai: Gono's fate "first on agenda"

Morgan Tsvangirai, the prime minister of Zimbabwe, has said that the standing of Gideon Gono, the governor of the country's Reserve Bank, is the top priority for the new legislature. The prime minister's statement follows claims by the new finance…

Fisher gets markets job

Paul Fisher has been appointed as the new executive director for markets of the Bank of England. Fisher will start in his role on 1 March and will also sit on the monetary policy committee (MPC).

Bank Negara drafting new law - Zeti

Bank Negara Malaysia is drafting a new central bank law to go to parliament, said Dr Zeti Akhtar Aziz, the governor, in a speech at a conference to celebrate the institution's 50th birthday.

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