B Of E May Get New Oversight Powers

12 May 2010

Mervyn King, governor of the Bank of England, predicts that the new U.K. government will grant it greater supervisory powers to help better identify risks in the country’s financial system.

Mervyn King, governor of the Bank of England, predicts that the new U.K. government will grant it greater supervisory powers to help better identify risks in the country’s financial system. King told reporters that the governing collation of Conservatives and Liberal Democrats will likely return to the central ...

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