UK names Canadian Carney as new Bank of England chief

Mon Nov 26, 2012 10:35am EST
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LONDON Nov 26 (Reuters) - Canadian central bank chief Mark Carney will take over the reins as Governor of the Bank of England next year, British finance minister George Osborne told parliament on Monday, announcing a surprise choice to replace outgoing BoE Governor Mervyn King.

"He is acknowledged as the outstanding central banker of his generation," Osborne said of Carney.