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The Bank of England’s governor-in-waiting this week appeared before the Treasury Select Committee, where he was subjected to a three-hour grilling on monetary policy, his salary, and unusually, whether the bank’s ‘Court of Directors’ was too archaic a name for a modern institution. The governor of the Bank of Canada and former Goldman Sachs executive called for a debate on inflation targeting, and signalled that he would continue the Bank’s expansionary monetary policy. Defending his salary, he argued that London was much more expensive that Ottawa, and, responding to Andrew Tyrie’s jokey question about the Court, said that he would view the court as a board, according to The Wall Street Journal. (Photo credit: World Economic Forum)

Mark Carney appeared in front of the Treasury Select Committee, Jim 'Brics' O'Neill announced his retirement from GSAM and David Einhorn challenged Apple over its cash reserves

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David Thomas

Treasury Department

Political/General News

Politics/International Relations

Domestic Politics

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

Junior bankers at Robert W. Baird say such long hours weren’t unusual for industrials team.

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The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

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The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

Larry Fink Says Regular Americans Need Private Assets Too

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