bank News - Shinzo Abe, Toshiro Muto, Commerzbank, Japan

BOJ board rift may delay new governor's policy ambitions A rift among Bank of Japan board members over how to achieve the new 2 percent inflation target means the central bank's next governor may have to move more cautiously than markets expect in stimulating ... http://us.rd.yahoo.com/finance/news/rss/story/SIG=14cmtktgu/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=129tpeu8h/*http%3A//finance.yahoo.com/news/boj-board-rift-may-delay-102958141.html?l=1 Japan PM to nominate BOJ chief soon, Muto seen lead candidate TOKYO (Reuters) - Former top financial bureaucrat Toshiro Muto is the leading candidate to become Japan's next central bank governor, suggesting Prime Minister Shinzo Abe's hopes for a more radical policymaker are fading. Abe will pick a nominee as early as this week, sources close to the process told Reuters. The prime minister said he would make an announcement "soon" on a nominee, who would need to be confirmed by both houses of parliament. Abe led his party back to power in December with promises of aggressive monetary and fiscal stimulus to lift an economy dogged for years by deflation. ... http://news.yahoo.com/japan-pm-nominate-boj-chief-soon-muto-seen-071334239--business.html Commerzbank CEO to Forgo Bonus Commerzbank Chief Executive Martin Blessing will forgo his 2012 bonus while management and investment bankers will take cuts, reflecting a slump in net profit and planned job cuts as the bank seeks to bolster profitability by 2016. http://online.wsj.com/article/SB10001424127887324162304578305511720071162.html?mod=rss_whats_news_us Japanese Central Bank Defends Yen Policies The recent monetary push by Japan seeks to stabilize the economy, not influence currencies, the central bank said, as data showed the Japanese economy remained fragile. http://www.nytimes.com/2013/02/15/business/global/japanese-central-bank-defends-yen-policies.html?partner=rss&emc=rss http://www.wochit.com