Sir Mervyn will be replaced by the current governor of Canada's central bank, Mark Carney, in July.
Bank of Canada head Mark Carney will succeed Mervyn King as governor July 1 in a surprise move for the Bank of England, at a time when the U.K. is facing difficult economic times.
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In fact, like the Chancellor and the incoming Bank of England governor, Mark Carney, the Fund seems to think the Bank of England should be even more focused on supporting growth than it already is. (And, implicitly, even less concerned about above-target inflation).
And Bank of England Governor-elect Mark Carney has hinted he might support changing the bank's inflation target to a growth target, to the delight of the Treasury.
Bank of Canada Governor Mark Carney zeroed in on this point in a speech last week in Charlottetown, Prince Edward Island.
That might force the Bank of Canada to hike rates sooner rather than later, as Bank of Canada Governor Mark Carney has warned recently.
Which is why George Osborne was very keen to recruit the governor of the Bank of Canada, Mark Carney, to succeed Sir Mervyn King in a rather bigger and more complex job, as governor of the Bank of England.
At the Davos conference in Switzerland, Bank of Canada Governor Mark Carney said U.S. efforts to prevent deposit-taking banks from trading with their own money could damage markets in government bonds and other securities unless the plans are revised, according to Bloomberg Businessweek.
The future governor of the Bank of England (BoE), Mark Carney, has not ruled out changes to the way the bank runs monetary policy.
BBC: Future BoE chief Mark Carney sees 'merit' in policy debate
"We've got the Veg-o-matic of risk management, " says Robert Mark, the bank's head of corporate treasury and risk management.
The suit puts a mark on the bank which came out relatively strong and unscathed from the financial crisis.
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An MP has called for an extra bank holiday in 2015 to mark 800 years of the sealing of the Magna Carta.
This summer, King is due to be replaced by Bank of Canada Gov. Mark Carney, who has indicated he backs a more flexible inflation target.
"There's a vicious circle here where each is waiting for the other to do the right thing, " Bank of Canada Gov. Mark Carney said at a conference for the Institute of International Finance, a banking group, alongside the G-20 meeting.
The end of the Bank of Japan's latest meeting will mark the start of a busy day for central banks, with the European Central Bank and the Bank of England both scheduled to announce their policy decisions later Thursday.
The Bank of England will have a new governor in the summer when Mark Carney, currently Canada's central bank governor, takes over from Sir Mervyn King.
BBC: UK inflation rate nudged up to 2.8% by rising fuel costs
With all this in mind, the Bank of England's incoming Canadian governor, Mark Carney, has called for a debate about whether to change the Bank's job description.
And as Mark Lewis of Deutsche Bank points out, two more big ones are now being built.
On March 11, Mark Alpert of Deutsch Bank raised his rating on Capital One to "buy" as well.
It hopes that the arrival of Mark Carney as the Bank's new governor in July will breathe new life into the economy.
ECB's slowness, thinks Mark Wall of Deutsche Bank, is institutional.
Visa, MasterCard, or American Express charges your bank a 1% fee for the service of converting the foreign currency, and then your bank will likely add on a mark-up of another 1-2% for facilitating this transaction.
Before the advent of the euro, Germany's mark was Switzerland's main point of reference including a period in the 1970s when the Swiss National Bank pegged the franc against the mark to rein in a surge in the Swiss currency.
The Bank of Canada has named long-term bureaucrat and economist Stephen Poloz as its new head, replacing Mark Carney who is going to run the Bank of England.
The German mark and the German Central Bank, the Bundesbank, ruled the roost during those times, with the Swiss not too far behind.
In 2008 and 2009 I probably wrote more than anything else about needlessly destroying bank capital with a strict application of mark to market accounting.
Barely a week has passed since George Osborne was being cheered in the House of Commons for securing the appointment of Mark Carney as the next Bank of England governor.
We may quibble that those are anything but riskless assets for the banks, but what national bank regulators are going to downgrade and mark down their own sovereign debt to fail their own banks?
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