Eurozone: The European Central Bank’s executive board has appointed Isabel Vansteenkiste as director-general for European and international relations, it announced on September 13. Vansteenkiste is currently the ECB’s deputy director-general for monetary policy, and was…
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The digital yuan trial for the 2022 Winter Olympics is “on the home straight”, according to Fan Yifei, deputy governor of the People’s Bank of China. Fan has visited the venues of the winter games…
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The revolution in technology innovation during the past few years is not just disrupting the financial services industry. It looks set to change our perceptions about money, banking and finance. As a result, regulators face…
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Ivo Maes with Ilaria Pasotti, Robert Triffin: a life, Oxford University Press, 2021, 256 pages The unassuming subtitle of this book captures an extraordinarily influential life. Best known for identifying the Triffin dilemma, Robert Triffin’s work…
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The governors of a number of African central banks debated the serious challenge that Africa’s rising debt could pose to financial stability at an annual congress last week, with most believing that rising borrowing will…
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The Bank of Canada intends to move to a policy of keeping its sovereign debt holdings “roughly stable”, governor Tiff Macklem told business leaders on September 9. He did not lay out a timetable for when…
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The Federal Reserve Bank of San Francisco Pat Toomey, the ranking Republican on the Senate banking committee, has accused the Federal Reserve Bank of San Francisco of conducting research projects with a partisan bias. In…
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The UK’s government said it aims to become the first in the world to mandate all firms to disclose their financial exposures to climate risk. The UK’s finance minster Rishi Sunak laid out the plan…
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A senior official at the UK’s Financial Conduct Authority has said Black people working within the financial services industry are often subject to “subtle and insidious” forms of racism. Speaking on April 22, the FCA’s…
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Brazil’s Ilan Goldfajn has been appointed as the new director of the International Monetary Fund’s western hemisphere department. The former Central Bank of Brazil (BCB) governor – who holds both Brazilian and Israeli citizenship –…
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