Governance
Tony Solomon, former NY Fed president, dies
Anthony M. Solomon, a former president of the Federal Reserve Bank of New York, died last Friday, at the age of 88.
Greenspan joins Paulson & Co
Alan Greenspan, a former chairman of the Federal Reserve, is set to advise Paulson & Co, a hedge fund which made billions last year from betting against the United States housing market.
Tanzania's Ballali fired over central bank fraud
Jakaya Kikwete, Tanzania's president, has sacked Daudi Ballali, the governor of the Bank of Tanzania, after external auditors found massive fraud at the central bank.
Decision supports ECB on counterfeit check
The European Central Bank (ECB) won backing from a French court on Wednesday for the right to use a method to detect fake notes.
New Korean government to leave central bank alone
South Korea's incoming government, elected in December, will respect the Bank of Korea's independence, an official said on Wednesday.
Israeli central bank set for greater independence
Israel's new central banking law will create a more independent institution, said Stanley Fischer, the governor of the Bank of Israel.
Canada names John Murray as deputy
The Bank of Canada has appointed John Murray as a deputy governor.
EU finds flaws in ECB's billion-dollar HQ
The European Union's audit of the eurozone's central bank has found various faults with its plans for the building of its new headquarters.
Al-Wazir starts as Palestine governor
Jihad Al-Wazir began his term as governor of the Palestine Monetary Authority on Tuesday after Mahmoud Abbas, Palestine's president, approved the appointment on Sunday.
Finland's new board member to head research group
Seppo Honkapohja, the latest addition to the Bank of Finland's board, is taking charge of the central bank's research activities.
China names two central bank vice governors
The People's Bank of China announced the appointment of two vice governors on Thursday, Yi Gang and Ma Delun.
China to name Ma Delun as vice governor
The People's Bank of China is set to appoint Ma Delun as vice governor of the central bank, local media reports said on Wednesday.
Canada needs a single securities law, says Dodge
David Dodge, the outgoing governor of the Bank of Canada, said on Monday that a single securities law was needed for Canadian companies to compete.
UAE governor wants to stay on
Reports that Sultan Nasser al-Suweidi, the governor of the Central Bank of the UAE, was planning to step down when his four-year term ends next week, to be replaced by Saeed Mubarak Rashid al-Hajeri, chairman of Abu Dhabi Commercial Bank, have been…
Yngve Slyngstad new head of Norway's SWF
Yngve Slyngstad will take over from Knut Kjr as head of Norges Bank Investment Management, which looks after the Global Pension Fund, Norway's sovereign wealth fund.
Riksbank appoints new financial stability deputy
Lars Frisell is set to become the new deputy head of the financial stability department at the Riksbank in mid-December.
Binned Bundesbank secrets found by hairdresser
A Berlin-based hairdresser has found secret drawings for a Bundesbank vault in a bin in the centre of the German capital.
De Gregorio set to become Chilean governor
Jose de Gregorio, the deputy governor of the Central Bank of Chile will take over from Vittorio Corbio as governor of the central bank later this week, Michelle Bachelet, Chile's president, announced on Monday.
Egypt's El-Okdah to serve second term
Farouk el-Okdah, the governor of the Central Bank of Egypt, will head the central bank for another four years, it emerged on Wednesday.
Hakkarainen new deputy at Bank of Finland
Pentti Hakkarainen, a member of the board at the Bank of Finland, is set to succeed Matti Louekoski as deputy governor in January 2008.
Abed tips deputy Al-Wazir for PMA governor
George Abed, the former governor of the Palestine Monetary Authority (PMA), told Central Bank News on Wednesday that he expects Jihad al-Wazir, the deputy governor and current acting governor, to succeed him.
Central Banking in the USA
Michael Woodford talks to Malan Rietveld about how the Federal Reserve makes monetary policy
City wants to keep King
City of London bankers and economists have said they want Mervyn King, the beleaguered governor of the Bank of England, to serve a second term.