Central Banks
IMF paper on enhancing stress-test framework
Fund study examines simple techniques to improve risk sensitivity in bank stress test exercises
National Bank of Belgium – Consumer Survey (April 2011)
National Bank of Belgium April 2011 Consumer Survey shows pick-up in consumer confidence in April
Financial cycles have strong economic implications: IMF paper
Fund study examines whether the close correlation between business and financial cycles is synchronised or coincidental
Bank of England – Trends in Lending (April 2011)
Bank of England’s Trends in Lending April 2011 report finds evidence of a contraction in UK bank lending
Role of Fannie, Freddie failure in crisis has been underplayed: ex-Fed’s Warsh
Recently departed governor Kevin Warsh tells Central Banking that decision to take government-sponsored enterprises into state ownership had significant ramifications
Greece’s Provopoulos urges step up in public reforms
Bank of Greece governor George Provopoulos calls for government to boost Greek reform policies
RBA governor ahead of HKMA chief on pay scale
Reserve Bank of Australia governor Glenn Stevens overtakes Hong Kong Monetary Authority chief executive as one of the highest paid central bank heads
Overdraft surveys reduce balances in the red: Philly Fed paper
Philadelphia Federal Reserve study examines impact of overdraft surveys on bank balances
Ex-Italy governor should face prison, says prosecutor
Italian prosecutor demands three-and-a-half year jail sentence for former Bank of Italy governor Antonio Fazio’s alleged involvement in failed Banca Nazionale del Lavoro takeover
New York Fed RMBS sales go smoothly
Auctions of AIG legacy portfolio delivering a solid result for the Fed
BoE stability committee sets June date for first meet
Bank of England’s Financial Policy Committee to meet in mid-June; governor to hold press conference
Lithuania’s new governor outlines challenges ahead
Well-balanced, sustainable growth the priority, Vitas Vasiliauskas, new governor of the Bank of Lithuania, tells CentralBanking.com; plays down meeting Maastricht criteria
Interview: Vitas Vasiliauskas
Well-balanced, sustainable growth is the priority target, new governor of the Bank of Lithuania tells CentralBanking.com
Austria’s Ittner calls on domestic banks to raise capital buffers
National Bank of Austria executive director Andreas Ittner says country’s largest banks will need to raise their Tier I capital ratio to meet foreign competition
Malaysia reappoints Zeti as governor
Bank Negara Malaysia announces reappointment of Zeti Akhtar Aziz as governor. She will serve for another five-year term
China demands banks conduct stress tests on property loans
Chinese banks must carry out new stress tests
Singapore challenges Hong Kong over global yuan hub status
Singapore agrees to open Chinese bank to clear yuan trades; Hong Kong’s plans to become centre for offshore yuan trade at risk
Bank minutes outlines downside risks to economy
Minutes of Bank of England monetary policy meeting highlights evidence of continued weakness in UK economy