O’Donnell Says He’s Adding to Bank Knowledge as He Mulls BOE Job

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Gus O’Donnell, the former head of the U.K. civil service, said he’s using his new job to learn about banks and financial regulation as he considers whether to apply to replace Mervyn King as Bank of England governor.

“When they do advertise it, I’ll make up my mind whether I want to apply or not,” O’Donnell, who joined Toronto-Dominion Bank this month, said in an interview yesterday in London. “I haven’t made up my mind one way or another.”