FCA's Bailey is confirmed as Carney's successor at Bank of England

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FCA's Bailey is confirmed as Carney's successor at Bank of England

UK Financial Conduct Authority (FCA) chief Andrew Bailey has been confirmed this morning as the next governor of the Bank of England (BoE), from 16 March 2020, replacing Mark Carney. UK chancellor Sajid Javid said: "When we launched this process, we said we were looking for a leader of international standing with expertise across monetary, economic and regulatory matters. In Andrew Bailey (pictured) that is who we have appointed." "Andrew was the stand-out candidate in a competitive f...

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