BNET Industries
Last Fiscal Year Sales:$3.2B
- Private
- UK
Dow Jones Description
The Bank of England is the central bank of the United Kingdom. Sometimes known as the 'Old Lady' of Threadneedle Street, the Bank was founded in 1694, nationalised on 1 March 1946, and gained independence in 1997. Standing at the centre of the UK's financial system, the Bank is committed to promoting and maintaining monetary and financial stability as its contribution to a healthy economy.
Executive Director, Banking & Chief Cashier
Andrew BaileyNumber of Employees 1,639
NAICS Code Monetary Authorities-Central Bank: 521110
Recent Events
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FTSE 100 up 0.83%
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Euro Stocks Rally After US Economic Reports
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Europe shares hit 1-week closing high on U.S. data
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Dollar hovers near 1-year low ahead of Fed meeting
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BoE could cut rate paid on bank reserves
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Crisis measures boosting central banks' bottom line
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Europe Heeds Cautious Central Banks
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U.K.: Banks 'Too Big to Fail' Are Too Big
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BoE appoints Bailey head of Special Resolution Unit
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US economist joins Bank of England rate-setters
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Britain appoints Posen to replace Besley on BoE's MPC
News & Analysis
Filter by
bank and bank of england - All News and Analysis
Bank of England's Surprising Rate Cuts an Assault to Sterling
Seeking Alpha
- 2008-11-06
Ashraf Laidi submits: The Bank of England's shocking 150-bp cut to 3.00% (the lowest level since 1955) against expectations of a 50-bp cut is the biggest rate cut since the central bank acquired operation independence 11 years ago. The Swiss National Bank also surprised with an unscheduled 50-bp rate cut...
The Pound Suffers as Bank of England Plays Catch-Up
Seeking Alpha
- 2008-11-06
Ashraf Laidi submits: The Bank of England's shocker 150-bp cut to 3.00% (lowest level since 1955) against expectations of 50-bp cut is the biggest rate cut since the central bank acquired operation independence 11 years ago. The Swiss National Bank also surprised with an unscheduled 50-bp rate cut to 1.75%....
Plan for bank risk rethink
- 2008-10-28
UK BANKS could face a raft of checks and balances to avoid a repeat of the current crisis in a fundamental rethink of risk, the Bank of England said today. The industry expanded too far in the good times without strong enough funding to cope when things turned sour,...
World Tonight: Stop a repeat
- 2008-10-28
UK banks could face a raft of checks and balances to avoid a repeat of the current crisis in a "fundamental rethink" of risk, the Bank of England said today. The industry expanded too far in the good times without strong enough funding to cope when things turned sour, the...
Chamber welcomes interest rate move; Sheerman attempts to secure local HBOS jobs
- 2008-10-09
Byline: By HENRYK ZIENTEK News Reporter A BUSINESS group in Huddersfield today welcomed the Bank of England's emergency 0.5% interest rate cut - but said further reductions in the cost of borrowing were needed to help kick-start the stagnant UK economy. Steven Leigh, senior policy adviser for the...
Spanish bank buys savings; BRADFORD & BINGLEY'S ASSETS LIQUIDATED
- 2008-09-29
STRUGGLING mortgage lender Bradford & Bingley is to be nationalised. But B&B's savings and branch business - which has pounds 20 billion in deposits and 2.7 million customers - will be bought for pounds 612m by Santander, the Spanish bank which owns Abbey and has agreed to buy Alliance...
STILL ROCKED BY THE CRISIS; The crisis at Northern Rock plunged the country into turmoil. A rumour that the Bank of England was preparing a rescue package for the Newcastle-based lender sparked the first run on a bank in more than a century. DAVID OLD loo
- 2008-09-12
Byline: DAVID OLD FEARING they would lose their life savings, hundreds of customers queued to withdraw their cash from Northern Rock. A leak revealing the bank was about to be bailed out by the Treasury had sparked panic. More than pounds 1bn was withdrawn from accounts as...
Beware of banknotes with stains; CONLON on crime
- 2008-09-12
Byline: CONLON A STAINED banknote is probably a stolen one. That's the message from the police and national crime prevention scheme Banknote Watch. Each year in the UK hundreds of thousands of pounds in cash is stained by anti-theft devices during robberies. The cash is indelibly...
Paper talk; What's making the news in the nationals
- 2008-08-14
DAILY Mirror Single men and women are more likely to find true love on the internet than at work or at a party, especially if they are over 45. THE Sun Peaches Geldof and her new husband face a dramatic showdown with her dad Sir Bob Geldof...
New inquiry into banking system
- 2008-07-22
BANK of England Governor Mervyn King faces a fresh grilling from MPs today in the aftermath of last year's Northern Rock bank rush. The Commons Treasury Committee launched a new inquiry after Chancellor Alistair Darling announced new measures this month in a bid to bolster confidence in the banking...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Andrew Bailey | Executive Director, Banking & Chief Cashier |
| Charles Bean | Executive Director and Chief Economist |
| Spencer Dale | Executive Director, Chief Economist |
| John Footman | Executive Director, Central Services |
| Nigel Jenkinson | Executive Director, Financial Stability |
| Paul Fisher | Executive Director, Markets |
| Paul Tucker | Executive Director, Markets |
| Adrian Piper | Agent |
| Chris Brown | Agent |
| Christopher Bailey | Agent |
| David Buffham | Agent |
| George Sampson | |
| Graham Nicholson | |
| Herbert Baker | |
| John Bartlett | Agent |
| John Soane | |
| John Whitley | Agent |
| John Young | Agent |
| Juliet Wheldon | |
| Kevin Butler | Agent |
| Paul Fullerton | Agent |
| Peter Andrews | Agent |
| Phil Eckersley | Agent |
| Timothy Besley | Professor |
| Tony Strachan | Agent |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Charles Goodhart | Chairman |
| Andrew Sentance | Board of Directors |
| David Blanchflower | Board of Directors |
| Harrison Young | Board of Directors |
| Kate Barker | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director, Banking & Chief Cashier | Current |
| Allgold of Sevenoaks | Current | |
| Bank of England | Board of Directors | Current |
| Risk Limited | Senior Manager | Former |
| The London School of Economics | Research Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director and Chief Economist | Current |
| Bank of England | Board of Directors | Current |
| The London School of Economics | Lecturer | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director, Chief Economist | Current |
| Bank of England | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director, Central Services | Current |
| Bank of England | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director, Financial Stability | Current |
| Bank of England | Board of Directors | Current |
| University of Birmingham | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director, Markets | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Executive Director, Markets | Current |
| Bank of England | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Current |
Graham Nicholson qualified with Freshfields in September 1971 and became a partner in 1980 while working in the firm's New York office. He helped establish the firm's first Asian office in Singapore later that year and, following his return to London, became departmental managing partner of the company department in 1986 (which later divided to become the corporate and finance departments). Graham was also managing partner of the firm between 1990 and 1993, before returning to full time practice. Graham's work has spanned a wide range of the firm's clients over the years. Most recently he has been well known for his work with a range of financial institutions clients, such as the London Stock Exchange on its listing, offers and proposed offers in recent years; Zurich Financial Services on a wide range of transactions, and Lloyd's and Equitas on the reconstruction of the Lloyd's insurance market in 1996 and the subsequent progress of Equitas. He is also relationship partner for Rolls Royce. Graham read law at Trinity Hall, Cambridge and attended the Advanced Manager Program at Harvard Business School in 1990.
| Organization | Position | Status |
|---|---|---|
| Rolls Royce | Partner | Current |
| Bank of England | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Current | |
| Depart-Ment | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Professor | Current |
| The London School of Economics | Professor of Economics and Political Science | Current |
| Voxeu.Org | Current | |
| Econometric Society | Fellow | Current |
| University of Oxford | Former | |
| Econometric Society | Chair | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Agent | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Board of Directors | Current |
| British Airways | Chief Economist | Former |
| British Airways | Head of Environmental Affairs | Former |
| The London School of Economics | Former | |
| Society of Business Economists | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Board of Directors | Current |
| The Labor Company | Fellow | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bank of England | Board of Directors | Current |
Executive News
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Glance-PRESS DIGEST - Financial Times - Aug 26
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BoE Bean-cbanks need tools to tackle asset prices
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BOE's King Sought Even More Stimulus
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Division within BOE surprises markets
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BoE split on size of monetary stimulus
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BoE split on QE stimulus rise; King wanted more
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UPDATE 3-BoE split on QE stimulus rise; King wanted more
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UPDATE 2-UK cbankers split on stimulus rise; King wanted more
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UK cbankers split on stimulus rise; King wanted more
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BoE split on 50 bln QE increase, King wanted 75 bln
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UPDATE 1-BoE split on 50 bln QE increase, King wanted 75 bln
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UK Business Credit Availability Is Hitting Consumers Too
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BOE Aug Minutes: Governor King Voted For GBP200 Billion Bond Buying
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BoE MPC voted 6-3 for 50 bln QE increase, King wanted 75 bln
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RPT-PREVIEW-BoE QE vote seen unanimous; fireworks if any split
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PREVIEW-BoE QE vote seen unanimous; fireworks if any split
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UPDATE 1-BoE's Sentance sees UK return to growth in '09-paper
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Is Britain's Economy on the Mend?
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King raises stakes in UK inflation gamble
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The impact of quantitative easing: When to call a halt
Industry Transcripts by Seeking Alpha
-
Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
-
Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
-
Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
-
American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
-
MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
Glass Door
Financial Services Industry Companies
| Company | Employer Rating |
| Wells Fargo |  |
| U.S. Bank |  |
| Bank of America | |
| Wachovia | |
| JPMorgan Chase | |
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