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Showing posts with label Bank of Canada. Show all posts
Showing posts with label Bank of Canada. Show all posts

11/26/12

Britain: Mark Carney named Bank of England governor - by Bill Curry and Kevin Carmichael

Mark Carney is leaving the Bank of Canada to become governor of one of the world’s oldest central banks, the Bank of England.

Mr. Carney, the former Goldman Sachs investment banker who took over Canada’s central bank in 2008, will lead the Bank of England starting in July 2013.

"I'm honoured to accept this important and demanding role," said Mr. Carney, who noted that it is a critical time in the British, European and global economies.

Note EU-Digest:Goldman Sachs strikes again.

Read more: Mark Carney named Bank of England governor - The Globe and Mail

7/18/12

Canadian Bank Governor Mark Carney's new rule for banks: "Don't be evil " - by Don Pittis

What a horrible month to be a banker. Except, I suppose, for the millions in cash they pocket – although that cash suddenly seems a little dirtier than it did before.

Even Bank of Canada governor Mark Carney weighed in Wednesday, calling banking culture "deeply troubling," saying that bankers have to "substantially raise their game to levels of conduct that in any other aspect of life, are expected."

Read more: Mark Carney's new rule for banks: Don't be evil - Business - CBC News