Ernst Welteke

Swaps Limbo, Facebook IPO Data, Spain Shorts: Compliance

The securities industry misinterpreted rules it assumed allowed as many as nine months to start moving swaps into clearinghouses that are meant to limit risks to the financial system.

EU Power Struggle Haunts Mersch as ECB Women Row Looms

European Parliament lawmakers will today decide whether to escalate a gender row with governments as they ponder if Yves Mersch’s appointment to the European Central Bank Executive Board would make him one man too many.

Weidmann Lacks Experience to Lead Bundesbank, Welteke Tells FTD

Jens Weidmann , who is to take over as Bundesbank president from May 1, lacks experience in leading large organizations with many employees, former Bundesbank President Ernst Welteke said, Financial Times Deutschland reported, citing an interview.

Bundesbank’s Weidmann Says What No Politician Wants to Hear

Jens Weidmann is no longer his master’s voice.

Bundesbank Was Rebuked Over Greece Euro-Entry Criticism in 2000, Bild Says

Germany’s finance minister sought to silence a Bundesbank critic of Greece’s bid to join the euro area in 2000 with a letter to the central bank’s then-president, Ernst Welteke , Bild said, citing from the letter.

Merkel May Stick With Bundesbank Tradition in Choosing Weber Replacement

German Chancellor Angela Merkel may stick with tradition and tap someone with Bundesbank experience such as Jens Weidmann or Juergen Stark to run the central bank after Axel Weber ’s surprise departure, economists say.

Axel Weber Moves Markets to Confusion With Hints of Exiting His Bundesbank

Axel Weber may be heading toward the exit of the Bundesbank on the same unconventional path he’s treaded throughout seven years as a central banker.

Weber Follows `Own Path' Out of Germany's Bundesbank and ECB Chief Search

Axel Weber is exiting the Bundesbank on the same unconventional path he’s treaded throughout seven years as a central banker.

Hildebrand Quits as Swiss National Bank Chief After Wife’s Currency Trade

Philipp Hildebrand resigned as head of the Swiss central bank four days after pledging to fight for his job in a furor over his wife’s currency trading.

Weber to Leave Bundesbank in April, Throwing Race for ECB Chief Wide Open

Bundesbank President Axel Weber resigned, ending three days of confusion and opening the field for candidates from Finland to Italy to become the next chief of the European Central Bank.

Germany

Frankfurt

U.S. Stocks Little Changed as Investors Weigh Output Data

Singapore Police Accessed Todd’s Hard Drive, FBI Says

Industrial Production in U.S. Falls by Most in Eight Months

Squeezed Tesla Bears Buying $276 Million Hand Musk 146% Gain

Google Is Said to Plan Music Service That Rivals Spotify