Deutsche Bundesbank

Buba names new communications head

Benedikt Fehr, a journalist for a German daily, is to become the new head of the Bundesbank's communications department after Christian Burckhardt, the former head, died tragically last December.

Ex-Buba's Pohl sees euro threat

Karl Otto Pohl, a former president of the Bundesbank, has said that he believes countries are considering quitting the eurozone and that German politicians are concerned that they will end up shelling out for any member's debt defaults.

NYFed hosts CDS powwow

The Federal Reserve Bank of New York has hosted a meeting of global regulatory authorities for credit-default swap central counterparties as part of a new concerted effort to formalise the trading and processing arrangement for the market.

Floating rates worth weight in gold for Germany

German society was better off under the floating exchange-rate regime than during the pre-first world war classical gold standard period, finds a paper by Michael Bordo and Bernhard Eschweiler for the National Bureau of Economic Research.

A mix of the old and new for central banks

While leading central banks around the world on Monday took similar steps to those seen in recent months to inject liquidity into fear-ridden money markets, the American authorities' response to the latest shocks signals a distinct shift in policy.

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