Diversified Financial Services
Company Overview of Bank of England
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...
London, EC2R 8AH
Founded in 1694
Key Executives for Bank of England
Executive Director of Finance, Change & Value
Chief Executive of Financial Conduct Authority
Deputy Governor of Prudential Regulation and CEO of Prudential Regulation Authority
General Counsel and Executive Director
Compensation as of Fiscal Year 2016.
Bank of England Key Developments
Charlotte Hogg Quits as Bank of England's Deputy Governor
Mar 15 17
The Bank of England's newly appointed deputy governor has resigned after coming under fire for breaking the Bank's code of conduct by failing to declare that her brother worked for Barclays. Charlotte Hogg offered her resignation last week. Ms. Hogg had apologised to the committee for not formally disclosing that her brother, Quintin, was Barclays' group strategy director, which could conflict with her work on the Prudential Regulation Committee (PRC).
Bank of England Announces Executive Changes
Feb 10 17
CHARLOTTE Hogg has been appointed as a deputy governor to the Bank of England just as the rate setting Monetary Policy Committee's Kristin Forbes prepares to complete her three-year term in June. Hogg will take up the role on 1 March 2017 and will replace Minouche Shafik when she leaves at the end of this month to become director of the London School of Economics. The Treasury announced the appointment of Hogg to one of the Bank's top roles for a renewable five-year term. She will also take a seat on the bank's interest rate setting committee. Hogg became the Bank's first chief operating officer in 2013, tasked with running day-to-day operations, but without a formal role in monetary policy decisions.
Bank of England Presents at Credit Suisse 2017 European Banks Conference, Mar-08-2017 09:15 AM
Jan 19 17
Bank of England Presents at Credit Suisse 2017 European Banks Conference, Mar-08-2017 09:15 AM. Venue: Credit Suisse, 20 Columbus Courtyard, Canary Wharf, London, E14 4DA, United Kingdom. Speakers: Andrew Gracie, Executive Director of Resolution.
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