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Mark Carney, governor of the Bank of England speaks during the Bundesbank Banking Congress "Symposium on Financial Stability and the Role of Central Banks" in Frankfurt, February 28, 2014.
Mark Carney, governor of the Bank of England speaks during the Bundesbank Banking Congress "Symposium on Financial Stability and the Role of Central Banks" in Frankfurt, February 28, 2014.
(Ralph Orlowski/Reuters)

Bank of England probes role in currency market scandal

When Mark Carney agreed to take the job as Britain’s central bank governor, he knew it would be tough but he could not have expected to become a character in a trashy novel about global finance. Consider the latest twist in the plot: The Bank of England has suspended a senior official and launched an investigation into whether its staff knew of or condoned manipulation of the multi-trillion dollar foreign exchange market.