Bank of England

Bank of England (BoE)

Christopher Ballesteros

Reviewed by

Christopher Ballesteros

Expertise: Consulting | Private Equity

Updated:

September 15, 2022

The Bank of England (BoE) is the central bank of the United Kingdom. The main responsibilities of the BoE are:

  • Ensuring stability in the financial system
  • Regulation of the banking industry
  • Protecting the rights and deposits of customers
  • Implement monetary policy
  • Finance the UK government

The head of the BoE as of October 2011 is Mervyn King.

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Christopher Ballesteros is a member of WSO Editorial Board which helps ensure the accuracy of content across top articles on Wall Street Oasis. Christopher started his career at L.E.K. Consulting, where he joined as an associate and left as an associate consultant  This content was originally created by member WallStreetOasis.com and has evolved with the help of our mentors.