Lee Seong-tae

Korea's Seong-Tae Lee on monetary policy

In the speech 'Monetary policy in an environment of low inflation' given on 16 June Seong-Tae Lee of the Bank of Korea said the emergence of global low inflation is of course a welcome phenomenon for central banks, for whom price stability is the top…

Comment: Rates on the up

Monetary policymakers from Mumbia to Madrid to Pretoria stepped firmly on the monetary brakes yesterday, with no less than six central banks hiking rates.

Comment: April in review

April was a particularly eventful month for the International Monetary Fund. The Fund concluded it "spring meeting" in Washington and published new editions of the Global Financial Stability Report and the World Economic Outlook.

New BOK deputy governor appointed

South Korea's president Roh Moo-hyun on Thursday 6 April appointed Lee Sung-il, CEO and president of the Seoul Money Brokerage Services, deputy governor of the Bank of Korea (BOK).

Comment: Developments in March

March was an eventful month in central banking circles. The Bank of Japan put an end to its "quantitative easing" policy and attention now turns to the timing of its first interest rate increase.

New BOK governor

Lee Seung-tae, designated by President Roh as the Bank of Korea's new governor, inherits both great authority and formidable responsibility, according to this Opinion piece published on Sunday 26 March.

Comment: Park Seung's term expires

Lee Seong-tae is likely to be confirmed as the new governor of the Bank of Korea next week. The incumbent governor, Park Seung, leaves the central bank calling for more independence from the government for his successor.

New BOK governor named

President Roh Moo-hyun on Thursday 23 March appointed Lee Seong-tae, deputy governor of the Bank of Korea (BOK), as the new governor, his office Cheong Wa Dae announced.

Goh becomes chairman of MAS

Lee Hsien Loong, who became Singapore's third prime minister on Thursday 12 August, will remain as finance minister, but his predecessor Goh Chok Tong is to take over as chairman of the Monetary Authority of Singapore.

MAS chairman Loong set to become PM

Singapore's ruling party has approved the appointment of founding father Lee Kuan Yew's son Lee Hsien Loong, the chairman of the Monetary Authority of Singapore, as the next prime minister.

MAS chairman's dual role to stay

Singapore's Second Finance Minister Lim Hng Kiang said this week that there is no immediate need to change the status quo for Deputy Prime Minister and Finance Minister Lee Hsien Loong's concurrent role as the Monetary Authority of Singapore's chairman.

MAS to carry out monetary policy review

Chairman of the Monetary Authority of Singapore, Lee Hsien Loong, said at the bank's staff seminar last week that the MAS would be undertaking a comprehensive review of how it conducts monetary policy to take into account structural changes in the…

Banking reform in Singapore

Singapore's deputy prime minister and finance minister Lee Hsien Loong talked about banking sector reform, capital raising and foreign competition in an interview with The Banker magazine published 10 April.

Speech by DPM Lee Hsien Loong, Singapore, 15 July

SPEECH - In the speech titled 'Best practices in insurance regulation' Loong said that "MAS will continue to work together with the insurance industry to achieve international best practices and standards. Over the past two years, MAS has worked hard to…

Speech by Roger Ferguson, Federal Reserve, 4 Mar

SPEECH - In the speech titled 'Back to the Future in Managing Banking Risk' Ferguson said "after nearly a decade of steady improvement, earnings from core bank operations and other measures of financial strength for the U.S. banking system have taken an…

MAS chairman on building one financial world

SPEECH - Lee Hsien Loong, chairman of the Monetary Authority of Singapore, has delivered the keynote address at the ACI world congress, Singapore. The speech was delivered on 25 May and concerned Asia's experience of managing financial integration.

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