Governance

Bank of Spain governor appointed to IMF post

The IMF said Wednesday 7 June it has appointed Bank of Spain governor Jaime Caruana as head of a new IMF department that will be responsible for all aspects of the Fund's financial, capital market and monetary work.

Comment: BCCI 'farce' all over

A final line was drawn yesterday under the "farcical" BCCI. The book is closed on the matter with the Bank of England's financial compensation falling short of the amount it said it would push for when BCCI liquidators, Deloitte, dropped its £1 billion…

Interview with BOJ's financial markets head

In an interview with Reuters published on Monday 5 June, Hiroshi Nakaso, director-general of the Bank of Japan's financial markets department said the BOJ is not targeting a particular level of reserves as it draws down excess liquidity from the banking…

Philadelphia Fed names new president

The Federal Reserve Bank of Philadelphia announced Tuesday 6 June that Charles I. Plosser, a professor of economics, has been named president of the Philadelphia Fed.

ECB reshuffle aims for collegiate mood

According to the article "ECB reshuffle aims for collegiate mood and focus on policy" published by the FT on Friday 2 June, the European Central Bank has divided the role of its chief economist in a move that will allow an evolution in ECB thinking and…

Interview with Otmar Issing

In an interview published Thursday 1 June, outgoing ECB chief economist Otmar Issing said his parting message to his ECB colleagues was to get to grips with inflation.

Kohn Senate hearing set for 8 June

The Senate Banking Committee said on Thursday 1 June that it will hold a hearing on the nomination of Federal Reserve governor Donald Kohn to be vice chairman at the Fed next Thursday.

ECB announces distribution of responsibilities

Within the framework of its collective responsibility for the overall functioning of the business areas of the European Central Bank, the Executive Board of the ECB agreed Thursday 1 June on a distribution of responsibilities among its members, with…

IMF names Liam P. Ebrill as HR director

Rodrigo de Rato, Managing Director of the IMF, on Friday 26 May named Liam P. Ebrill to the position of Director of the Human Resources Department to succeed Jorge Marquez-Ruarte.

Stark appointed to ECB, Zeitler joins Buba

Jurgen Stark, vice-president of the Bundesbank, has been formally appointed to the European Central Bank's executive board, European Union officials announced Tuesday 23 May, according to the FT.

New MPC member set for grilling

The newest member of the Bank of England's Monetary Policy Committee is likely to face some tough questions when he faces MPs for his "confirmation" hearing on Wednesday 24 May, the FT reported.

Qatar appoints Lord Woolf to regulatory tribunal

Lord Woolf, formerly Lord Chief Justice, is to be appointed as the senior judge for Qatar's new financial centre. He will become the first President of the Qatar Financial Centre (QFC) Tribunal, which he will help establish, and he will preside over…

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