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July 03, 2015 12:27 PM ET

Diversified Financial Services

Company Overview of Bank of England

Company Overview

The Bank of England serves as the central bank of the United Kingdom. The company offers banking services to Government and other customers, principally central banks and other financial institutions, as well as manages the note issue. It also operates the Real Time Gross Settlement system through which payments relating to the United Kingdom payments and securities settlement systems are settled. The company acts as agent for HM Treasury in managing the United Kingdom’s foreign currency assets and gold reserves, and its foreign currency liabilities; and promotes the case for price stability and understanding of the current framework through the media of publications, speeches, and education...

Threadneedle Street

London,  EC2R 8AH

United Kingdom

Founded in 1694

3,463 Employees


44 20 7601 4444


44 20 7601 5460

Key Executives for Bank of England

Governor, Director, Member of Monetary Policy Committee and Member of Interim Financial Policy Committee
Executive Director of Finance
Age: 42
Chief Operating Officer
Age: 44
Deputy Governor of Prudential Regulation, Chief Executive Officer of Prudential Regulation Authority, Director and Member of Interim Financial Policy Committee
Chief Information Officer and Executive Director of Information Service & Technology
Compensation as of Fiscal Year 2015.

Bank of England Key Developments

Bank of England Presents at 4th Annual Conference on Managing Catastrophe Risk, Jul-01-2015 09:15 AM

Bank of England Presents at 4th Annual Conference on Managing Catastrophe Risk, Jul-01-2015 09:15 AM. Venue: Central London, United Kingdom. Speakers: James Orr, Head of Department, General Insurance Actuaries, PRA, Krish Kistnassamy, Technical Specialist.

Bank of England Appoints Andrew Hauser as Executive Director for Banking, Payments and Financial Resilience, Effective from 1 September 2015

The Bank of England announced a new appointment to its Executive Team. The Court of the Bank of England has approved the appointment of Andrew Hauser as Executive Director for Banking, Payments and Financial Resilience (BPFR), effective from 1 September 2015. Andrew joined the Bank in 1992, and has worked at senior levels across most of its major policy and operational areas. Most recently, Andrew was Director for Markets Strategy, where he led the Fair and Effective Markets Review Secretariat. Prior to that he headed up the Bank's sterling markets operations, was Private Secretary to the Governor, Alternate UK Executive Director to the IMF in Washington, D.C., and head of the team responsible for producing the Inflation Report. He has served on the secretariats to both the MPC and the FPC. Andrew will report to the Deputy Governor for Markets and Banking, Minouche Shafik. As Executive Director, he will be responsible for: the forward-looking assessment of financial risks to the Bank of England's balance sheet; the operation and strategic development of the Bank's payment system services; and the Bank's wholesale and retail banking operations, including the provision of Emergency Liquidity Assistance.

European Central Bank and Bank of England Enter into Agreement

The European Central Bank and the Bank of England have reached a deal aimed at strengthening British clearinghouses. The deal is intended to give clearinghouses more room for financial management when they deal in euro-denominated securities. The agreement follows a court ruling, which prompted the ECB to shelve a policy requiring clearinghouses that handle euro-denominated securities to be located in the euro zone. According to the new deal, the ECB could extend a programme to provide the British central bank with euros.

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