Veteran watchdog Bailey to guide Bank of England through Brexit
Britain’s new government named Andrew Bailey as the Bank of England’s next boss on Friday, entrusting a veteran regulator and technocrat with steering the economy and its vast finance industry through Brexit.
During a 30-year stint at the BoE, Bailey helped shore up the banking system against the global financial crisis. Since 2016 he has led the industry’s watchdog, the Financial Conduct Authority.
Read more at Reuters.