Martin Gruenberg, chair of the US Federal Deposit Insurance Corporation, is stepping down after a review found the regulator had failed to deal with widespread cases of misconduct, including complaints against the chair himself. “In…
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The People’s Bank of China has expanded its central bank digital currency (CBDC) pilot by linking it to Hong Kong’s fast payments system and allowing local residents to top up their wallets. The new interoperability…
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Central banks issued more press statements than the number of public appearances made by senior officials in the past year, the Communications Benchmarks 2024 shows. The average number of senior officials’ public appearances is 74.3.…
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The Bank of Korea (BoK) has promoted its head of reserves to deputy governor, it said in a statement today (May 16). Kwon Min Soo takes over as deputy governor for international finance and co-operation…
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The World Bank has priced the first Swiss franc-denominated digital bond issued by an international entity, it announced on May 15. It will be settled using Swiss franc wholesale central bank digital currency (wCBDC) provided…
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View a printable version of this report in PDF format The Communication Benchmarks 2024 report reveals some emerging trends as well as some regularities, as four years of benchmarking data are now available for the…
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Liz Oakes to join Bank of England FPC; European Central Bank names head of information systems by : Source link
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Central bank business models are being forced to change as the economy digitalises, Joachim Nagel, Deutsche Bundesbank governor, said on May 6. “If you would have asked me 20 years ago, is the central bank…
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Debt-stricken Sri Lanka is in talks with its international bondholders to restructure its debt to link it to its economic performance and potentially also to anti-corruption reforms. Creditors have proposed a new bond of $9…
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Most central banks participating in the Communications Benchmarks 2024 retain the same priorities for the year ahead as in 2023, notably boosting social media. Nearly four-fifths (78.1%) of 32 communications departments plan to increase their…
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