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BANK OF ENGLAND NEWSROOM (60 press releases)

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London Stock Exchange Group appoints Marshall Bailey OBE and Ruth Wandhöfer as Independent Non-Executive Directors

PRESS RELEASE -- 26, September 2018

LONDON, 26-Sep-2018 — /EuropaWire/ — London Stock Exchange Group plc (LSEG) today announces that Marshall Bailey OBE and Ruth Wandhöfer will join the Group Board as Independent Non-Executive Directors. Marshall’s appointment is effective immediately and Ruth will join the Board from … Read the full press release

Silvana Tenreyro named winner of Carl Menger Award 2018

PRESS RELEASE -- 5, September 2018

ZURICH, 05-Sep-2018 — /EuropaWire/ — Every two years, the Verein für Socialpolitik confers the Carl Menger Award for innovative international research in the areas of monetary macroeconomics and monetary policy. The award, named after the Austrian economist and co-founder of the … Read the full press release

The EBRD is the first multilateral development bank to become a TCFD supporter

PRESS RELEASE -- 24, May 2018

Ahead of landmark conference on TCFD guidance, Bank announces commitment to climate-related financial disclosures The EBRD commits to launching climate-related financial disclosure during 2018 The Bank’s Sustainability Report outlines a clear approach for transparency on climate risks LONDON, 24-May-2018 — /EuropaWire/ — The … Read the full press release

Simon Lewis of AFME on Bank of England’s announcement that EU27 banks can operate in post-Brexit UK

PRESS RELEASE -- 22, December 2017

LONDON, 22-Dec-2017 — /EuropaWire/ — Commenting on the Bank of England’s announcement today, Simon Lewis, Chief Executive of AFME, said: “We welcome the Prudential Regulatory Authority’s confirmation that EU27 banks will be able to continue to operate their wholesale business through their … Read the full press release

HSBC Holdings plc announces the appointment of Mark Tucker as Group Chairman

PRESS RELEASE -- 17, March 2017

LONDON, 17-Mar-2017 — /EuropaWire/ — HSBC Holdings plc announces the appointment of Mark Tucker as a director and Group Chairman Designate from 1 September 2017. Mr. Tucker will take over as non-executive Group Chairman on 1 October. Mr Tucker is … Read the full press release

EBRD gives an overview of its climate resilience investment activities

PRESS RELEASE -- 15, March 2017

LONDON, 15-Mar-2017 — /EuropaWire/ — The world is changing – 2016 was the hottest year on record, setting a new high for the third year in a row. In the same year, carbon dioxide levels officially passed the symbolic 400 ppm … Read the full press release

Bank of Scotland’s Buying versus Renting Review: First-time home buyers in Scotland are £860 a year better off compared to renters

PRESS RELEASE -- 22, February 2017

EDINBURGH, 22-Feb-2017 — /EuropaWire/ — First-time buyers in Scotland are on average £860 a year better off with their own home compared to those who rent, according to Bank of Scotland’s Buying versus Renting Review. The average monthly costs (including … Read the full press release

Allianz chief economist Michael Heise: I still do not see the benefit of Brexit for the UK

PRESS RELEASE -- 21, October 2016

MUNICH, 21-Oct-2016 — /EuropaWire/ — When Britain voted to leave the European Union, world markets slumped as economists predicted Brexit would push the UK into recession and the EU would fall apart. Although the sky hasn’t fallen yet, the picture … Read the full press release

Central Bank of Ireland’s Director of Markets Supervision Gareth Murphy to resign

PRESS RELEASE -- 24, August 2016

DUBLIN, 24-Aug-2016 — /EuropaWire/ — The Central Bank of Ireland announced today that Gareth Murphy, Director of Markets Supervision, has resigned his position. He will remain with the Central Bank until November. Gareth Murphy said: “After eight years dealing with issues … Read the full press release

Nationwide Building Society will pass on Bank of England’s rate cut in full to existing Base Mortgage Rate (BMR), Standard Mortgage Rate (SMR) and tracker mortgage customers

PRESS RELEASE -- 9, August 2016

SWINDON, 09-Aug-2016 — /EuropaWire/ — Following the decision by the Bank of England to cut the Bank Rate to 0.25%, Nationwide Building Society today announces that it will pass on the decrease in full to existing Base Mortgage Rate (BMR), Standard … Read the full press release

Aviva Real Retirement Report: People in UK turn attention towards property wealth to help manage their finances and boost retirement incomes

PRESS RELEASE -- 29, July 2016

46% see property wealth as a key part of retirement income planning, with 69% owning a home worth more than their pensions, savings and investments But 23% of mortgaged over-45s are still worried about paying off their loans: equivalent to … Read the full press release

Warwick Business School Dean Professor Mark Taylor to become Dean of John M Olin Business School at Washington University in St Louis, US

PRESS RELEASE -- 20, May 2016

Warwick Business School Dean to take over deanship at top US school Mark Taylor will become Dean of John M Olin Business School in December Six-year reign will finish at the end of July for Professor Taylor Olin Business School’s … Read the full press release

LCH.Clearnet Group Ltd to announce two senior executive appointments

PRESS RELEASE -- 29, April 2016

Daniel Maguire appointed Global Head of Rates & FX Derivatives Paddy Boyle joins as Head of FX Product LONDON, 29-Apr-2016 — /EuropaWire/ — LCH, the global clearing house, is pleased to announce two senior executive appointments. Effective 1 May 2016, Daniel … Read the full press release

Deutsche Bank Chief Risk Officer Stuart Lewis: We are committed to playing our part in helping the banking industry to rebuild trust in the UK and further afield

PRESS RELEASE -- 2, February 2016

14-member group announces recommendations following six month consultation FRANKFURT AM MAIN, 02-Feb-2016 — /EuropaWire/ — Industry leadership is critical to rebuild trust in the UK banking sector, a group of senior bankers and stakeholders including Stuart Lewis, Chief Risk Officer, said … Read the full press release

University of Bristol students among the most targeted by Britain’s top 100 employers – report

PRESS RELEASE -- 20, January 2016

A major new report out today [18 January] has revealed that students at the University of Bristol are among the most targeted by Britain’s top 100 employers. Bristol has been ranked ahead of Oxford and Cambridge at 4th in the … Read the full press release

University of Cambridge’s CISL report: No investor is immune from the risks posed by climate change, even in the short run

PRESS RELEASE -- 13, November 2015

A new report by the University of Cambridge Institute for Sustainability Leadership (CISL) reveals that global investment portfolios could lose up to 45 per cent as a consequence of short-term shifts in climate change sentiment. CAMBRIDGE, 13-11-2015 — /EuropaWire/ — … Read the full press release

Centre for Economics and Business Research (Cebr): Bank of England won’t raise interest rates until the middle of next year

PRESS RELEASE -- 29, September 2015

Cebr pushes back rate rise forecast until middle of next year New forecasts show the Bank of England will keep rates on hold until the middle of 2016. Previous forecasts predicted a February rate rise. Concerns about the global economy … Read the full press release

SEB’s Nordic Outlook August 2015: Strong disinflationary forces, despite rising resource utilisation

PRESS RELEASE -- 26, August 2015

Gentle Fed hikes, Chinese soft landing, persistent Grexit risk STOCKHOLM, 26-8-2015 — /EuropaWire/ — The world economy is hesitating. Looking back at developments this spring and summer, the lingering impression is that global growth is not really willing to take … Read the full press release

Bank of England: Prudential Regulation Authority (PRA) censures Co-operative Bank Plc for serious risk management and transparency failings

PRESS RELEASE -- 11, August 2015

LONDON, 11-8-2015 — /EuropaWire/ — Following an enforcement investigation into the Co-operative Bank Plc (Co-op Bank) the Prudential Regulation Authority (PRA), supported by a team of investigators at the Financial Conduct Authority (FCA), has found that there were serious and … Read the full press release

The Bank of England’s Banknote Advisory Committee will now consider all eligible nominations for the new £20 note expected to enter circulation by 2020

PRESS RELEASE -- 21, July 2015

LONDON, 21-7-2015 — /EuropaWire/ — Yesterday (19 July 2015), the two month public nomination period to determine who should appear on the next £20 note officially closed. Since 19 May, members of the public have nominated visual artists who they believe … Read the full press release