Central Banks
BoE’s Dale identifies persistent headwinds in UK
Bank of England chief economist Spencer Dale spots headwinds that continue to restrict growth in the United Kingdom
BoJ: a guide to the Tankan
Bank of Japan publishes note outlining ten most frequently used statistics on business conditions in Japan
Irish banks’ pay reforms inadequate: central bank
Central Bank of Ireland says banks’ remuneration policies are not sufficiently aligned with risk management strategies
Securency chairman set for London move
RBA assistant governor Bob Rankin to become chief representative in Europe; Rankin to remain Securency chairman until polymer manufacturer sold
FSA forced to admit 96 staff exits in Q3
UK regulator admits it lost almost 100 staff in the third quarter of 2010.
Fed’s Yellen: QE2 could help emerging markets
Federal Reserve vice chair Janet Yellen makes case for currency appreciation in emerging markets; remarks come on the heels of emerging market criticism of QE2
WikiLeak sparks King quit calls from Blanchflower
Former Monetary Policy Committee member David Blanchflower says Bank of England governor Mervyn King must resign over lack of political impartiality after new leak on whistleblower website
King is fully justified
The governor of the Bank of England is well within his rights to press politicians on the need for fiscal retrenchment, Robert Pringle argues.
Central Bank of Iceland – Financial Stability Report 2010/2
Central Bank of Iceland’s Financial Stability Report 2010/2 discusses new payment system infrastructure in Iceland
Iceland at economic crossroads: Guðmundsson
Central Bank of Iceland governor Már Guðmundsson says Iceland must now reconnect with global markets to build solid foundation for growth
IMF: inflation targeting reduces dollarisation
Fund study says inflation targeting framework strengthens monetary policy channel in countries with high levels of dollarisation
Adia appoints new chief financial officer to real estate wing
Jim Hime joins Abu Dhabi’s sovereign wealth fund from real estate investment firm Lionstone Group
Taylor calls on Fed to focus on price stability, not employment
Economist John Taylor likens Federal Reserve’s quantitative easing programme to fiscal policy; says central bank should focus on single price stability mandate
Portuguese banks’ reliance on ECB 'unsustainable', says central bank
Bank of Portugal Financial Stability Report says domestic lenders’ reliance on eurosystem funding has spiralled; sovereign’s declining prospects a key factor
Risks to Swedish markets have not abated, says Riksbank survey
Riksbank's autumn 2010 risk survey shows more than half of market participants believe markets in Sweden have not normalised
Bernanke says Fed’s supervisory role creates synergies
Federal Reserve chairman Ben Bernanke says financial supervision at central banks provides benefits for macroeconomic management
Norwegian banks will meet Basel III ahead of schedule: Gjedrem
Norges Bank governor Svein Gjedrem says Basel III capital requirements will be implemented ahead of Basel Committee deadlines in Norway
RBI’s Gopinath promotes mobile banking in India
Reserve Bank of India deputy governor Shyamala Gopinath says mobile banking key to achieving financial equality in India
Central banks more independent in decentralised states: BIS
Bank for International Settlements study looks at impact of political economy on central bank independence
Anglo restructuring deal to be sealed in January: Ireland’s Honohan
Central Bank of Ireland governor Patrick Honohan says Anglo restructuring proposal will be approved by end-January; Irish banks face capital, liquidity assessments
Israel names Hizkiyahu successor
David Zaken named supervisor of banks; Zaken to replace Rony Hizkiyahu at the end of the year