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Carney faces scrutiny after outage of payments system
Published Tue, Oct 21, 2014 · 09:50 PM
London
BANK of England (BOE) governor Mark Carney is facing scrutiny on the management of Britain's payments system after the biggest disruption in at least seven years delayed bank transfers and house purchases.
Mr Carney announced a "thorough, independent" review late on Monday after the BOE had to shut down the system that handles about £575 billion (S$1.18 trillion) of daily payments.
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