Their success at Korea Exchange Bank may be an ominous precedent.
The biggest immediate test for the central bank will be how it handles its new foreign-exchange regime.
In the meantime, the major banks must be put under the direction of the European Central Bank in exchange for a temporary guarantee and permanent recapitalization.
FORBES: George Soros Thinks We're Headed Towards Another Depression
Second, when it came time for the compensation consultants to advise the boards of Merrill or Goldman, the consultants could look to Grasso as a "comparable, " and say a bank CEO would be worth at least twice what the exchange boss was getting.
Officials at China's securities regulator, central bank and foreign-exchange regulator couldn't be reached for comment.
WSJ: China May Give Foreign Pension Funds New Investment Opportunities
Purporting to be a critique of the Bank of England, it contains an exchange of letters between Jarvie and the-then Secretary of the Bank, Ronald Dale, in which Dale unceremoniously tells Jarvie to get lost for requesting a list of stockholders in the bank.
There will be money points, bank officers with mobile money disbursing units and foreign exchange points around the city.
The Russian central bank owns 24% of the stock exchange, but will not be selling any of its shares in the flotation.
According to Bitcoin-Central, it's the first exchange of the digital currency to be licensed to operate as a bank and function within the framework of European regulations.
ENGADGET: Bitcoin-Central becomes first Bitcoin exchange licensed to operate like a bank
Every three years, when the BIS releases its new foreign-exchange market survey, the WSJ Dollar Index will be reweighted using the bank's latest trading volume figures, making it a dynamic index that evolves with the constantly changing market.
"Denmark's fixed exchange rate policy will be continued after yesterday's referendum, " the bank said in a statement.
The central bank is supposed to be independent, and is also supposed to be in charge of exchange-rate and monetary policy.
The jump in the bitcoin exchange rate this week also coincides with concerns euros could be taken from retail bank accounts in Cyprus to fund a bailout.
Kim Kyong Lim, chief executive of Korea Exchange Bank, the main lender to Hyundai, argues that this should be no problem, since the bank's sub-standard loans stood at less than 18% of its portfolio at the end of June.
Germany's Allianz listed on the New York stock exchange last year and may be another buyer once it has completed its acquisition of Dresdner Bank.
The weaker the reputation of the central bank, the stronger the case for pegging the exchange rate to build confidence that inflation will be controlled.
As the network of participating countries grows, "it may be that 'bank-secrecy' jurisdictions feel increasing pressure to move toward a growing international consensus on information exchange, " Mr. West added.
应用推荐