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June 02, 2015 12:25 AM 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

3,224 Employees


44 20 7601 4444


44 20 7601 5460

Key Executives for Bank of England

Finance Director
Age: 41
Chief Operating Officer
Age: 43
Chief Executive Officer of Prudential Regulation Authority and Deputy Governor of Prudential Regulation
Chief Information Officer and Executive Director of Information Service and Technology
Compensation as of Fiscal Year 2014.

Bank of England Key Developments

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.

Bank of England Announce Executive Changes

The Bank of England has hired Competitions and Markets Authority director of enforcement Sonya Branch to replace Graham Nicholson, who will retire at the end of April. Branch will join the bank in mid-May from her role as CMA's executive director of enforcement and a member of the board. She had previously been an executive director of enforcement and mergers, and board member from 2007 at the Office of Fair Trading (17 April 2007) until its merger with the Competition Commission to form the CMA in April 2014 (11 September 2013). Prior to that, she was a partner at Clifford Chance.

Bank of England Presents at 16th Annual International Conference on Private Investment Funds, Mar-09-2015 04:15 PM

Bank of England Presents at 16th Annual International Conference on Private Investment Funds, Mar-09-2015 04:15 PM. Venue: Intercontinental, London, United Kingdom. Speakers: David Bailey, Director of Financial Markets Infrastructure Supervision.

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