By Simon Kennedy
Bloomberg News
Friday, July 5, 2019
European governments are actively discussing nominating Bank of England Governor Mark Carney as the next head of the International Monetary Fund, according to a person familiar with the matter.
While a Canadian by birth, Carney holds British and Irish passports, so his selection would technically preserve the seven-decade practice of a European running the Washington-based lender. The Bank of England declined to comment on his behalf.
... Dispatch continues below ...
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The IMF’s last 11 managing directors all came from Europe, including Christine Lagarde of France, who is set to step down after this week being picked to become president of the European Central Bank once Mario Draghi leaves on Oct 31. ...
... For the remainder of the report:
https://www.bloomberg.com/news/articles/2019-07-05/carney-is-being-activ... [4]
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