Thursday, December 14, 2017

© Reuters. The Governor of the Bank of England, Mark Carney, speaks at the Bank of England conference 'Independence 20 Years On' at the Fishmonger's Hall in London© Reuters. The Governor of the Bank of England, Mark Carney, speaks at the Bank of England conference ‘Independence 20 Years On’ at the Fishmonger’s Hall in London

LONDON (Reuters) – Bank of England Governor Mark Carney has agreed to stay on as chair of the Financial Stability Board (FSB) for an extra year, the Swiss-based coordinator of global financial regulation said on Friday.

“FSB members asked the FSB Chair, whose second term would come to an end on 4 November 2017, to serve for a further period until 1 December 2018,” the FSB said in a statement.

Carney has chaired the FSB since 2011. He is due to step down as Bank of England chief in June 2019.

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