Courtship of Carney Stretched From Marseille to Mexico for BOE
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Negotiations weren’t on the agenda when British Chancellor of the Exchequer George Osborne and Bank of Canada Governor Mark Carney sat down for a drink to get better acquainted on a terrace overlooking the Mediterranean in the harbor city of Marseille on Sept. 9, 2011.
The chat turned into a chase that spanned three continents. By the time it was done 14 months later, Carney agreed to become the first foreigner at the helm of the 319-year-old Bank of England. His pay would exceed the combined earnings of the Federal Reserve and European Central Bank chiefs.