The Traderszone Network

Published in TZ Latest News 23 August, 2014 by The TZ Newswire Staff

BoE can resolve financial stability coordination issues: Broadbent

There are potential “coordination issues” between the Bank of England’s (BoE) new financial stability committee and other bank functions, a senior BoE official said on Saturday, adding that these issues can be resolved. They meet pretty regularly and share three members,” Bank of England Deputy Governor Ben Broadbent said at the Federal Reserve’s annual central banking conference here. Bank of England Governor Mark Carney announced in late June a major reorganization of the central bank, which included a newly empowered financial stability division.