Bank of England

A transatlantic banking watchdog would protect American and British taxpayers from bailing out banks which are too big to fail, under new plans.

The Governor of the Bank of England said he fears active exchange rate management could potentially start a currency war among some of the world's leading economies.

Multi-asset managers are exploring alternative low-risk bond investments as they prepare their portfolios for a more constrained fixed income environment in 2013.

The Bank of England has held the base interest rate at 0.5%.

The banking crisis has been as damaging to the UK economy as a world war, a top Bank of England (BoE) official has said.

The UK's four biggest banks may need up to £35bn of fresh capital to insulate themselves against future losses, according to the Bank of England.

The appointment of the Bank of Canada's Mark Carney as the next Bank of England governor has been heralded as an "outstanding choice" by analysts and led to upgrades for UK banks.

Mark Carney has seen off fierce competition to land the job of Bank of England governor, replacing outgoing chief Sir Mervyn King next summer.

Who will be the next governor of the Bank of England? The market is waiting with bated breath for Chancellor George Osborne to announce the successor to Sir Mervyn King later today.

Paul Tucker, the deputy governor of the Bank of England, could take the top job at the Bank as early as this week.