Jaime Caruana

Jaime Caruana News

• BIS Sees Risk of Financial Friction at Delicate Juncture

  Bank for International Settlements General Manager Jaime Caruana said he is concerned that diverging monetary policies may stoke discord.

• Caruana Says Countries Need to Take ‘Early Action’ on Deficits

  Countries with healthy economies need to take “early action” on deficits to avoid the sovereign debt crises that have beset Spain and Ireland, said Jaime Caruana , general manager of the Bank for International Settlements.

• Caruana Says Regulation Can’t Replace Monetary, Fiscal Policy

  Bank of International Settlements General Manager Jaime Caruana said that tougher macro-prudential regulation cannot replace sound monetary and fiscal policies in protecting economic stability.

• Caruana Says He’s ‘Obviously Not’ Candidate to Replace Trichet

  Jaime Caruana , general manager of the Bank for International Settlements, said he’s “obviously not” a candidate to replace Jean-Claude Trichet as president of the European Central Bank.

• BIS Chief Caruana Paid 70% More Than ECB’s Trichet Last Year

  Bank for International Settlements General Manager Jaime Caruana was paid 70 percent more than European Central Bank President Jean-Claude Trichet last year.

• BIS Sees ‘Severe’ Problems If Sovereign Debt Isn’t Risk-Free

  Bank for International Settlements General Manager Jaime Caruana urged European leaders to step up efforts to solve the region’s sovereign-debt crisis to prevent a further deterioration of the banking system.

• Hacker Threats, Solvency II, Philippine Bonds: Compliance

  Publicly traded companies should disclose real or potential cyber attacks capable of disrupting business operations or financial stability, the U.S. Securities and Exchange Commission said.

• BIS's Caruana Doesn't See Inflation Risk, Frankfurter Allgemeine Reports

  Bank for International Settlements General Manager Jaime Caruana doesn’t see inflation pressures in developed markets at the moment, Frankfurter Allgemeine Zeitung reported, citing an interview.

• Bank Tax Wouldn’t Help Financial Overhaul Work, Executives Say

  Work toward overhauling the financial system has been hijacked by discussion of a bank tax to fund future bailouts, a JPMorgan Chase & Co. Inc. executive said yesterday at a Europlace conference in New York.

• Central Banks Face Power Limit as Debt Persists, BIS Says

  Central banks in developed nations are confronting the limits of their ability to aid economic recovery as government efforts to strengthen their finances fall short, the Bank for International Settlements said.

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Quote

• "We have reached a delicate global monetary policy configuration. If this analysis is correct, there is a real risk that frictions could multiply and intensify, especially if the economic environment were to deteriorate further."

  - Jaime Caruana on Nov 16, 2012

Related Topics

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  Europe

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  Bank For International Settlements

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  European Central Bank

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  New York

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