Britain's government is set to announce its choice for the next boss of the...
LONDON - Britain’s government is set to announce its choice for the next boss of the Bank of England, one of its most pressing decisions after last week’s election victory of Prime Minister Boris Johnson.
Lawmakers have also criticized Bailey, 60, for not publishing all of a report into alleged misconduct by bank RBS. Bailey cited privacy restrictions. As a junior business minister during the financial crisis, she helped to devise a major rescue plan to keep high-street banks in business.Another former BoE deputy governor, Tucker was the frontrunner to take over as governor in 2013 but was pipped by Carney. He then pursued an academic career in the United States.
Now a professor at Chicago Booth business school, Rajan has published a book on dissatisfaction with markets and the state, touching on some of the underlying issues behind Brexit.
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