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FILE - In this Monday Feb. 25, 2019 file photo, Chief Executive of the Financial Conduct Authority Andrew Bailey speaks at a press conference at the Bank of England in London. The British government has named Andrew Bailey, head of the U.K.’s finance watchdog, as the next governor of the Bank of England, and will replace current governor Mark Carney on March 16, 2019. (Kirsty O'Connor/Pool via AP, File)

FILE - In this Monday Feb. 25, 2019 file photo, Chief Executive of the Financial Conduct Authority Andrew Bailey speaks at a press conference at the Bank of England in London. The British government has named Andrew Bailey, head of the U.K.’s finance watchdog, as the next governor of the Bank of England, and will replace current governor Mark Carney on March 16, 2019. (Kirsty O'Connor/Pool via AP, File)

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