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Showing 1 - 10 of 38 results for "Governor Mark"

Brookfield names leadership for asset management business

CASSANDRA BALDINI  |  FRIDAY, 12 AUG 2022
Former Bank of England governor Mark Carney will become chair of Brookfield Asset Management when it lists separately in November. Carney will take on the role in addition to his other responsibilities as head of transition investing. He is currently ...

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
... would experience its worst recession in 300 years. Brexit was a stroll on Hyde Park compared with COVID-19. Ex-BOE governor Mark Carney must be thanking his lucky stars he only had to deal with the GFC and Grexit and Brexit. Andrew Bailey, who succeeded ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
Bank of England (BOE) Governor Mark Carney's last days on the job would have gotten more press were it not for the more pressing concern of the coronavirus. To be sure, there was nothing noteworthy in Carney's final monetary policy committee ...

Chief economist update: Brexit - the news that was

BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
... been removed (with or without a deal) and this time, backed by the UK Parliament at that. Bank of England (BOE) governor Mark Carney cares. In his speech at the BOE's Future of Inflation Targeting Conference in London, Carney remarked: "The economy ...

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
... Chester said this figure is not as shocking as it first seems, comparing it to the US$320 billion Bank of England governor Mark Carney estimated in 2017 for the global cost of misconduct for banks post Global Financial Crisis. "Our interim tally of $10 ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... Europeans and the rest of the world are not holding their collective oxygen intake. However, Bank of England (BOE) governor Mark Carney have changed his tune. If memory serves me right, Carney warned about the increased likelihood that the UK would leave ...

Chief economist update: BOE flips tightening bias to easing

BENJAMIN ONG  |  MONDAY, 8 JUL 2019
... tightening bias. In his speech at the Local Government Association Annual Conference and Exhibition in Bournemouth, BOE governor Mark Carney declared that: "For now, a global trade war and a No Deal Brexit remain growing possibilities not certainties. ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... rise in rates would be prudent to nip any inflationary risks in the bud" and, more importantly, consistent with BOE governor Mark Carney's statement that, "were the economy to develop broadly in line with its Inflation Report projections, an ongoing ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
... impasse, Brexit's future remains uncertain as to whether the UK will leave the EU with a deal or none. Just ask BOE governor Mark Carney. In an interview with Sky News, Carney said: "The Government... is against no deal, the European Union is against ...

Chief economist update: BOE waiting on Brexit

BENJAMIN ONG  |  FRIDAY, 2 NOV 2018
... Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on the 2nd of August, BOE governor Mark Carney was quoted as saying, "The mistake is to always wait, wait, wait until you have perfect certainty" before acting ...
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