Posts Tagged ‘Bank Of England’

Is Carney the wrong man for the Old Lady?

Friday, April 11th, 2014

When Mervyn King finally stepped down as Governor of the Bank of England, most people in the City of London breathed a huge sigh of relief. At the start of his tenure, King was completely uninterested in the Financial Stability side of the Bank, and put all his energies into monetary policy, as he had done in his previous BoE roles. (more…)

The age of asset management? – Speech by Andrew Haldane

Friday, April 4th, 2014

In a speech at the London Business School’s Asset Management Conference, Andrew Haldane discusses the risks posed by the asset management industry to financial stability, and the associated policy implications. (more…)

Second release of historic Archive documents now available on Bank of England website

Thursday, April 3rd, 2014

Following the release of digitised material from the Bank of England Archive last year, a number of additional series are now being made available online. (more…)

Bank of England sets out the Prudential Regulation Authority’s (PRA) Annual Funding Requirement

Wednesday, April 2nd, 2014

The Bank of England is consulting on the regulatory fees and levies required to support the PRA’s strategic priorities and business aims for the fee year 2014/15. The fees from individual firms are based on the size of their business. (more…)

City Week 2014: Speech By Andrew Bailey

Monday, March 31st, 2014

Speech given by Andrew Bailey, Deputy Governor, Prudential Regulation and Chief Executive Officer, Prudential Regulation Authority, at City Week 2014: The international financial services forum, London 31 March 2014. (more…)

Slack and the labour market

Thursday, March 20th, 2014

Speaking to the Thames Valley Chamber of Commerce, Martin Weale sets out some new analysis of slack in the labour market.

His main focus is on how to assess the level and implications of unemployment and under-unemployment (more…)

Three senior appointments to the Bank of England

Tuesday, March 18th, 2014

HM Treasury has today announced that Her Majesty The Queen has agreed, on the recommendation of the Chancellor and Prime Minister, to appoint Anthony Habgood as the Chairman of Court, and Dr Ben Broadbent as Deputy Governor for Monetary Policy. (more…)

Is the world financial system safer now? Speech by Jon Cunliffe

Monday, March 17th, 2014

Speaking at a Chatham House conference on Monday, Jon Cunliffe, Deputy Governor, Financial Stability, surveys the progress that has been made by international standard setters since 2008 in making the financial system safer, sets out the further steps that still need to be taken (more…)

Bank of England Quarterly Bulletin 2014 Q1

Friday, March 14th, 2014

Following a collapse in equity and property prices in the early 1990s, Japan underwent a period of financial sector distress culminating in a full-blown systemic banking crisis in 1997. The long period of economic stagnation accompanying the period of financial sector distress is frequently referred to as Japan’s ‘lost decade(more…)

Bank of England consults on bonus clawback

Thursday, March 13th, 2014

The Bank of England is consulting on proposals to require all firms authorised by the Prudential Regulation Authority (PRA) to amend employment contracts to ensure bonus awards that have been vested can be clawed back from individuals where necessary. (more…)

Interest rates might be on the up, but don’t expect savers to celebrate just yet

Thursday, March 13th, 2014

The Bank of England governor’s statement that interest rates could rise six-fold in the next three years has been met with muted optimism by the boss of one of the world’s largest independent financial advisory organisations. (more…)

Oversight Committee – Foreign Exchange market investigation

Wednesday, March 12th, 2014

The Oversight Committee has appointed Lord Grabiner QC to lead its investigation into the role of Bank officials in relation to conduct issues in the foreign exchange market. As previously announced, the investigation, supported by Travers Smith LLP (more…)