BOE's Hogg May Face Pressure to Quit as U.K. Lawmakers Meet

  • Deputy governor didn’t tell BOE her brother works at Barclays
  • Treasury Committee scheduled to hold meeting Monday afternoon
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Bank of England Deputy Governor Charlotte Hogg may come under pressure to resign this week as Parliament’s Treasury Committee prepares to pass judgment on her appointment.

Lawmakers are scheduled to convene at 4:15 p.m. London time on Monday to discuss Hogg’s role as head of markets and banking, which she started this month. They’re reviewing her position after she admitted she didn’t disclose to the central bank that her brother works at Barclays Plc, which it regulates.