Governance
Bank of England switches auditors
The Bank of England has decided to offer its audit work to Big Four rival KPMG, ending one of PricewaterhouseCoopers longest running audit contracts.
Poland's Samoobrona calls for sackable NBP head
Poland's Self Defence (Samoobrona) party has presented amendments to its draft act on the National Bank of Poland (NBP).
Roger Ferguson resigns from Fed Board
In a surprise move, Roger Ferguson, Jr. submitted his resignationon Wednesday 22 February as Vice Chairman and as a member of the Board of Governors of the Federal Reserve System, effective April 28, 2006.
Trichet calls Stark a 'remarkable person'
European Central Bank President Jean-Claude Trichet described Bundesbank Vice President Juergen Stark as a remarkable candidate for the ECB's Executive Board on Monday 20 February .
Senate panel approves Kroszner, Warsh to Fed
The Senate Banking Committee on Thursday 16 February approved the nominations of Randall Kroszner and Kevin Warsh to be members of the Federal Reserve's board of governors.
Riksbank appoints new director of communications
At its meeting Friday 17 February, the Executive Board of the Riksbank appointed Pernilla Meyersson new Director of Communications.
Balcerowicz concerned over NBP regulations
In an interview for the Gazeta Wyborcza daily, the president of the National Bank of Poland Leszek Balcerowicz, presented the central bank's standpoint on the Pekao-Bank BPH merger and ideas to broaden the responsibility of the NBP.
Bernanke: Greenspan speeches don't violate ethics
Fed chairman Ben Bernanke said his predecessor, Alan Greenspan, has not violated any central bank or federal government ethics rules as a result of his recent series of private speeches since leaving his post on 1 February
Fed nominees emphasise inflation control
The two nominees for the Federal Reserve Board, Randall S. Kroszner and Kevin M. Warsh, said on Tuesday 14 February, in testimony to the Senate Banking Committee that controlling inflation was the key to maintaining economic growth in the United States.
Alan Greenspan in memoir talks
According to Reuters, Alan Greenspan is in talks with major publishers about writing a memoir and bidding has already hit $5 million.
Stark formally nominated for ECB job
Austrian finance minister Karl-Heinz Grasser said EU finance ministers formally nominated Bundesbank vice-president Juergen Stark as Otmar Issing's successor at the European Central Bank.
Fed announces Michelle Smith to stay on
The Federal Reserve Board on Friday announced that Michelle A. Smith will continue in her position as Assistant to the Board and Director of the Office of Board Members. The Board had previously announced that she would be leaving to work for former…
Riksbank reshuffles division of work
The Executive Board of Sweden's Riksbank made a decision on 2 February on the division of work between the members of the Board.
Euro group set to nominate Buba's Stark to ECB
Eurozone finance ministers are set to nominate Bundesbank vice-president Juergen Stark next week for the European Central Bank executive board post, an EU official told reporters Thursday 9 February.
Japan's Diet approves Suda's reappointment at BOJ
The Diet gave approval on Friday 10 February to a government plan to retain Miyako Suda as a member of the Bank of Japan's policy panel for a second five-year term.
Israeli CB deputies to go
The two deputy governors of the Bank of Israel, Meir Sokoler and Avia Spivak, will retire from the central bank at the end of the month. The governor of the Bank of Israel, Stanley Fischer, informed the Israeli Minister of Finance of the move earlier…
IMF survey
The new IMF survey includes an overview of the recent reshuffling of the Fund's financial sector department. IMF Managing Director, Rodrigo de Rato, announced plans to create a new department on February 1, 2006.
New conflict over Bundesbank bonus cuts
The new spat between the German finance ministry and the Bundesbank has developed over cuts in the compensation schemes of the central bank's staff.
Merkel looks to Buba for chief economic advisor
German Chancellor Angela Merkel has recruited a top Bundesbank economist, Jens Weidmann, to advise her in economic matters, a German government spokesman said on Wednesday 1 February.
BoE legal eagle set to retire
According to the Guardian's City diary, Malcolm Glover would have retired from the Bank of England at the end of 2004 had it not been for the litigation brought by the BCCI liquidators.
Greenspan to become adviser to UK Chancellor
The UK Treasury on Wednesday 1 February announced that Dr Alan Greenspan KBE has agreed to be Honorary Adviser to the Chancellor of the Exchequer Gordon Brown.
Report says BoJ may extend Suda's term
The Bank of Japan has suggested that it may extend the appointment of a policy board member by giving a the official another five-year term.
Key appointments made as SARB restructures
As part of a restructuring process, two key appointments were announced by the South African Reserve Bank on Tuesday 31 January.