Andrew Bailey

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Andrew Bailey signals looser UK financial regulations in investment drive

By Chris Giles and Josephine Cumbo
November 17, 2020, Financial Times

The Bank of England governor signalled on Tuesday that he favours loosening financial regulations in an attempt to foster …

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Central Bankers Stick to Gloomy Outlook

Global central bankers are under no illusion that they’re through the fallout from the coronavirus, issuing fresh warnings about new government restrictions, struggling recoveries and threats to jobs. PBOC’s Yi …

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Major bank-led digital cash settlement project gets delayed

By Anna Irrera
September 9, 2020, Reuters

A project involving 13 of the world’s largest banks and aimed at launching digital versions of major currencies in 2020 is no longer …

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Bank of England’s Bailey slams EU barrier to investment banking services after Brexit

By Huw Jones
September 2, 2020, Reuters

Brussels has said that for now it won’t allow investment banks to service customers in European Union member states directly from London after …

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Pandemic may offset some benefits of negative rates, ECB official warns

By Martin Arnold
August 26, 2020, Financial Times

The increase in eurozone loan defaults expected as a consequence of the coronavirus pandemic is set to offset one of the key …

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BOE Will Keep Negative Rates in Tool Box, Bailey Says

Bank of England Governor Andrew Bailey discusses the impact of Covid-19 on the central bank’s forecast, the structure of the U.K. economy, and the possibility of using negative interest rates. …

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