The Bank for International Settlements (BIS) said that two appointments have recently been made, both with effect from 1 July 2013 and for a three-year term:
- The BIS board of directors has appointed Agustín Carstens, governor of the Bank of Mexico, as chairman of the economic consultative committee (ECC) and the global economy meeting (GEM) after consultations with members of the GEM.
- The group of governors and heads of supervision (GHOS) has selected Mario Draghi, president of the European Central Bank (ECB), as its new chair after consultations among its members.
Agustín Carstens and Mario Draghi will succeed Mervyn King, who will step down as chairman of the three groups when he retires as governor of the Bank of England (BoE) at the end of this month. King has chaired the ECC, the GEM and the GHOS since November 2011, and both the board and the GHOS expressed their gratitude for his “excellent chairmanship”.
Today CGI and GTNews have announced the launch of the fifth annual Transaction Banking survey report, which offers which offers critical insight into the corporate-to-bank relationship.
On-Demand Treasury Management Solutions continue to gain increased adoption in the US and EMEA regions.
Treasurers are being expected to do more work with fewer resources than ever before, so it is little wonder that the automation of day-to-day operations was highly discussed on the second day of EuroFinance, the annual treasury event held in Barcelona this week.
Chicago based Treasury Management System (TMS) vendor GTreasury and Sydney based risk and treasury management vendor Visual Risk have joined forces in a strategic alliance to ... read more