People

Fed nominees emphasise inflation control

The two nominees for the Federal Reserve Board, Randall S. Kroszner and Kevin M. Warsh, said on Tuesday 14 February, in testimony to the Senate Banking Committee that controlling inflation was the key to maintaining economic growth in the United States.

Stark formally nominated for ECB job

Austrian finance minister Karl-Heinz Grasser said EU finance ministers formally nominated Bundesbank vice-president Juergen Stark as Otmar Issing's successor at the European Central Bank.

Fed announces Michelle Smith to stay on

The Federal Reserve Board on Friday announced that Michelle A. Smith will continue in her position as Assistant to the Board and Director of the Office of Board Members. The Board had previously announced that she would be leaving to work for former…

Israeli CB deputies to go

The two deputy governors of the Bank of Israel, Meir Sokoler and Avia Spivak, will retire from the central bank at the end of the month. The governor of the Bank of Israel, Stanley Fischer, informed the Israeli Minister of Finance of the move earlier…

IMF survey

The new IMF survey includes an overview of the recent reshuffling of the Fund's financial sector department. IMF Managing Director, Rodrigo de Rato, announced plans to create a new department on February 1, 2006.

BoE legal eagle set to retire

According to the Guardian's City diary, Malcolm Glover would have retired from the Bank of England at the end of 2004 had it not been for the litigation brought by the BCCI liquidators.

Greenspan receives Dept of Defense medal

Outgoing Federal Reserve chairman, Alan Greenspan, was presented with the Department of Defense Medal for Distinguished Public Service by US Secretary of Defense Donald Rumsfeld on Monday 23 January.

Report says Greenspan to set up consulting firm

Federal Reserve Chairman Alan Greenspan plans to establish a consulting firm called Greenspan Associates in Washington after he leaves the central bank at the end of the month, the Wall Street Journal reported on Thursday 26 January.

Merrill Lynch hires former NY Fed chief

William McDonough, former president of the Federal Reserve Bank of New York, has joined Wall Street investment bank Merrill Lynch & Co. as vice chairman and special adviser to the chairman on business development, the company said Monday 23 January.

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