Bank of England’s Carney Warns Investors to Get Serious About Climate Change February 27, 2020 By Alastair Marsh and Jill Ward In a world facing a climate crisis, investors need to start taking account of carbon emissions and rising temperatures in...
Outgoing BoE Governor Discusses Risks of Negative Interest Rates, Climate Change February 13, 2020 By Jill Ward and Francine Lacqua Mark Carney said he’s lucky he never had to cut interest rates below zero as Bank of England governor because...
Financial Services Industry Must Act Faster on Climate Change: Bank of England Chief December 30, 2019 Financial services have been too slow to cut investment in fossil fuels, a delay that could lead to a sharp...
U.K. Business Executives, Economists, Politicians React to New BoE Boss Bailey December 20, 2019 Britain’s new government named Andrew Bailey as the next Bank of England boss on Friday. Following is reaction to his...
U.K. Names Bailey as Bank of England Chief, Succeeding Carney December 20, 2019 By David Goodman and Jessica Shankleman Andrew Bailey will be the next head of the Bank of England after the government chose to replace Mark Carney...
Many Major Central Banks, Minus U.S. Fed, Taking Action on Climate Change Risks September 24, 2019 By Jill Ward Bank of England Governor Mark Carney was in no mood for laughter as he stood in his tuxedo before the...
UK Regulator Asks Insurers to Weigh Possible Business Impact of Climate Change August 2, 2019 By Mathew Carr and Lisa Pham The Bank of England for the first time is asking British insurers to gauge how global warming might impact the...
California Commissioner Yet to Move on Petition from Climate Activists for More Insurer Regs March 28, 2019 By Don Jergler Nobody’s saying much as California Insurance Commissioner Ricardo Lara considers how he will respond to a petition submitted by climate...
Bank of England to Issue Rules for How Banks, Insurers Should Manage Climate Risk March 22, 2019 By Andy Bruce and David Milliken The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial...
Bank of England Pressures EU to Deliver No-Deal Brexit Fix for Financial System November 20, 2018 By Silla Brush The Bank of England turned up the pressure on the European Union to deliver legislation within weeks to avert a...