Bailey set to be named new Bank of England boss: source

This post was originally published on this site

https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEFBI268_L.jpg

LONDON (Reuters) – Former Bank of England deputy governor Andrew Bailey is set to be named as the new governor of the British central bank, a person familiar with the process said on Thursday.

Bailey, 60, is chief executive of the Financial Conduct Authority, a regulator charged with fighting misconduct in the finance industry, and previously spent 30 years at the BoE.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.