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BIS Names Fed’s Dudley Chair of Global Financial System Group

The Bank for International Settlements appointed U.S. Federal Reserve Bank of New York President William Dudley to lead a committee on the global financial system, replacing Bank of Canada Governor Mark Carney.

The Basel, Switzerland-based BIS made the announcement on its website today, and the change is effective immediately.

To contact the reporter on this story: Greg Quinn in Ottawa at gquinn1@bloomberg.net

To contact the editor responsible for this story: Paul Badertscher at pbadertscher@bloomberg.net

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