4 And here again, the Bank of England is seen as the first modern central bank.5 So what is it now that makes a central bank so special? What is it that sets it apart from other banks? Is it the ability to maintain monetary stability, the ability to maintain financial stability, or both?
In the Directorate General Financial Stability, alongside many other tasks, he dealt with important policy issues relating to the impact of central bank digital currency, a topic that central banks around the world are currently grappling with. Mr Reich was also deputy office manager for the Vice-President of the Bundesbank, Professor Claudia Buch.