Governance
Staff cuts made at majority of central banks since 2013
But staff numbers grow at several banks, including ECB and Bank of England
Two women will join Bank of England’s financial policy committee
Colette Bowe and Jayne-Anne Gadhia to join FPC later this year
Long-serving South African deputy governor resigns
Francois Groepe has been in post since 2004 and ran national payment system
Fed independence under renewed fire from Trump
President unlikely to be able to fire Jerome Powell but could exert pressure in other ways, say observers
EU legal officer says Latvian government wrongly barred governor
Authorities provided no evidence to back claims governor acted corruptly, advocate general says
Minority representation at BoE requires ‘step change’ – Carney
Minority groups are underrepresented, report lower satisfaction and suffer higher staff turnover
2018: The year in review
The past year marked a return to instability, but also saw some innovations among central banks
Slovenian lawmakers appoint new governor
New appointee inherits acrimonious dispute between central bank and government over bail-in
Book notes: Keeping at it, by Paul Volcker with Christine Harper
Volcker, a man who has made history, delivers a fascinating memoir, providing insights into the key lessons learned during his decades of public service, writes Jean-Claude Trichet
Auditors call for BoE to do more to modernise working practices
Complex, outdated and overly manual processes are adding to costs, says report
Podcast: Gender targets – friend or foe?
Officials from the ECB explain why gender targets, though controversial, are necessary to close the gender gap at central banks
Trade tensions may reflect international system design flaws
Former PBoC governor Zhou says global system faces “grave challenges” while former EC president Barroso says current framework “is not working”
China remains “committed” to globalisation, says Zhou Xiaochuan
Debt sustainability to be discussed at second Belt and Road Initiative summit next year; WTO deal still needed
Zimbabwean central bank officials cleared of wrongdoing
Governor Mangudya says investigation absolves of any wrongdoing, despite previous claims of corruption from former government official
People: RBNZ names new assistant governor
NZ chief economist to step down; Vanuatu governor gets new term; Swift CEO to depart; Don Robert to step down from Bank of England Court
Slovenian government struggles to appoint new governor
Lawmakers due to vote on nominee after governor retired citing threats and pressure over bail-in
BoE revamps expenses rules after criticism from MPs
MP says some officials’ expenses claims are “staggeringly high”