Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

BIS appointment

Tuesday 01 December 1998 20:02 EST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

THE BANK for International Settlements (BIS) yesterday announced it had appointed John Heimann as the first chairman of the new financial stability institute. The institute is a joint initiative by the BIS and the Basle Committe on Banking Supervision which is seen responding to needs for strengthening financial systems worldwide.

Frederik Munsch was appointed the institute's associate director. Heimann is currently chairman of Global Financial Institutions at Merrill Lynch, while Musch is secretary general of the Basle Committee on Banking Supervision.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in