Darrell Duffie News
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Finance Minister Jim Flaherty may name a replacement for Bank of Canada Governor Mark Carney as early as today, according to a person familiar with the plans.
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The Canadian dollar reached the strongest level since February after the nation’s economy grew faster than forecast and speculation increased that U.S. policy makers will sustain monetary stimulus measures.
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Finance Minister Jim Flaherty says he will soon name a replacement for Bank of Canada Governor Mark Carney, leaving the new candidate with no more than about a month to prepare for the job.
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Canadian Finance Minister Jim Flaherty said the process of finding a replacement for Bank of Canada Governor Mark Carney is drawing to a close.
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Canadian Finance Minister Jim Flaherty’s spokesman said there are no new developments today in the process of appointing a replacement for Bank of Canada Governor Mark Carney.
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Finance Minister Jim Flaherty’s determination to balance Canada’s budget in two years increases the likelihood the government will lean on Mark Carney’s replacement at the head of the Bank of Canada to boost growth in the nation’s economy.
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Canadian Finance Minister Jim Flaherty said today he will announce a new governor of the Bank of Canada “in the fullness of time.”
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Primary dealers, the select group of banks and brokers that have held a seat at the center of the U.S. government debt market since 1960, are losing influence.
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The world’s largest banks and investment firms should undergo quarterly stress tests to identify risks that could sink the financial system, according to a proposal by Stanford University finance professor Darrell Duffie .
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The risk of investor default in the foreign-exchange swap and forward markets is large enough to justify processing trades through clearinghouses, Stanford University professor Darrell Duffie said.
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