Deputy dogged by lack of job definition at B of E

ARTICLE - To be Deputy Governor of the Bank of England is a hazardous occupation, reported the Daily Telegraph on Friday. The first, Michael Godfrey, went to the wars and lost his head to a cannon-ball apparently.

A more recent incumbent was led astray and ended up on the Governor's carpet. No wonder this post is proving so hard to fill. It becomes vacant on Monday.

David Clementi came in from Kleinwort Benson, has served his five-year term and is off. The Prudential requires a new chairman and

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