About: robert

Robert Pringle is founder and chairman of Central Banking Publications, a financial publisher specialising in public policy and financial markets. Central Banking journal, which he has edited for 20 years, has subscribers in 120 countries including the great majority of the world’s central banks.

Recent Posts by robert

What Osborne should have said

George Osborne, Chancellor of the Exchequer, made an autumn statement in the House of Commons yesterday. This is what he should have said. Mr Speaker, Honourable Members, Successive governments have allowed the problems related to and in part caused by the operations of banks in this country to drag on. No solution is in…
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Written on December 6, 2012 at 7:36 am
Categories: Banking, Homepage, News and Comment, RP's Diary
Tags: Bank of England, banking, central banking, City, city of london, finance, financial crisis, Goerge Osborne, subsidy, the City of London

The New Bank of England

A well-informed correspondent, who did not want to be identified, predicts a full “spring clean”: “ I’m inclined to think Carney’s denial of interest (in becoming Governor) was genuine rather than a negotiation tactic like Napoleon’s thrice refusal of the title of emperor. However the denial of interest may have been based on…
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Written on December 4, 2012 at 10:36 am
Categories: Banking, Homepage, News and Comment, Official Money, RP's Diary
Tags: Bank of Canada, Bank of England, central banking, central banks, Mark Carney, Mervyn King, The Money Trap

Carney’s likely priorities

Understanding markets and power leads to one conclusion Those who are familiar with his thinking report that he will be keen to emphasise that responsibility for managing risks lies with the firms themselves. So he will be big on reforming governance of financial institutions. He will insist that bank boards live up to their duty…
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Written on November 28, 2012 at 12:21 pm
Categories: Banking, Homepage, News and Comment, Official Money, RP's Diary
Tags: Bank of England, banking, Carney, central banking, central banks, G20, George Osborne, global financial system, Volcker

Some nuanced views of Mr Carney

The UK media have been gushing in their welcome. It is right to welcome central banking’s “rock star”. But not everybody has been carried away by the euphoria…you only have to scan the Canadian press today: Andrew Coyne at the Montreal Gazette That our banking system was not so badly mauled by the crisis as…
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Written on November 27, 2012 at 4:05 pm
Categories: Banking, Homepage, News and Comment, Official Money, RP's Diary
Tags: Bank of Canada, Bank of England, banking, Brendan Brown, Canada, Carney, central banking, central banks, Financila Post, GFC, global financial system, Montreal, Montreal Gazette, robert pringle, The Money Trap, Toronto

What’s the G30 doing?

It follows the appointment of G30 member Mario Draghi to be president of the European Central Bank (which raised eyebrows in some circles, see here) . Last year also member Mervyn King became chair of the Group of Governors and Heads of Supervision (GHOS), the Global Economy Meeting (GEM) and the Economic Consultative Committee…
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Written on November 27, 2012 at 3:53 pm
Categories: Homepage, News and Comment, RP's Diary
Tags: Bank of England, Carney, Corrigan, Draghi, Dudley, Dudley and …., ECB, G30, Gerald Corrigan) and Mario Draghi - though guys like Michael Cohrs at the Bank’s financial policy committee and Ben Broadbent an external member of the MPC help to make up the numbers. And that’s igno, GFC, Group of 30, robert pringle, the Global Economy Meeting (GEM) and the Economic Consultative Committee (ECC) for the BIS. Then the group attracted Jean-Caude Trichet, The Money Trap, to be its new chairman. Glad to see its still hacking it.. Does The G30's network trump that of Goldman Sachs? Apart from Carney can only boast such central banking trophies as Willliam Dudley at the