Last night the FT hosted an exclusive event in London to celebrate its 125th anniversary with guest speaker Mark Carney, Governor of the Bank of England. The governor announced the BoE’s new focus on boosting liquidity for banks, and tightening regulation of shadow banking, to a room of 200 leaders in economics, business and politics. He was also interviewed live on stage by FT editor Lionel Barber.
In a play on the FT’s 1888 motto as “the friend of the honest financier, respectable broker and bona fide investor,” and “the enemy of the closed stock exchange, the company wrecker and the unprincipled promoter,” Carney said the Bank of England today is “the friend of resilient banks, continuous markets, and good collateral,” and “the enemy of taxpayer bailouts, fragile markets and financial instability”.
Guests included Santander CEO Ana Botín; Chairman of British Airways Sir Martin Broughton; Sir Jeremy Heywood, Cabinet Secretary; Group CEO of Barclays Antony Jenkins; Michael Spencer, Group CEO of ICAP; and Angela Knight CBE, CEO of Energy UK.