Tucker to leave Bank of England after 30 years

Paul Tucker, deputy governor for financial stability at the Bank of England, is to leave later this year after more than 30 years of service.

Tucker (pictured) will spend "a period of time" in academia in the US when he leaves the Bank this autumn. Until then he will provide support to new governor Mark Carney in the first months of the latter's term in office. Tucker, who joined the BoE in 1980 and became deputy governor in 2009, will also continue to be an active member of the G20 Financial Stability Board (FSB) and other committees. "I am very proud that, through the Bank and the wider central banking community, I have been able to make a contribution to monetary and financial stability," he said. "I will continue ...