Former Bank of England deputy governor Andrew Bailey is the firm favorite to be ...
FILE PHOTO: Chief Executive of the Financial Conduct Authority Andrew Bailey speaks at a press conference at the Bank of England in London, Britain February 25, 2019. Kirsty O'Connor/Pool via REUTERS/File Photo
LONDON - Former Bank of England deputy governor Andrew Bailey is the firm favorite to be named as the new governor of the British central bank, the Financial Times reported on Thursday. Bailey, 60, currently runs the Financial Conduct Authority which is charged with cracking down on misconduct in the finance industry.
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