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The Boston Globe

Business

Canadian to head Bank of England

First foreigner to hold that post

LONDON — In a surprising departure from convention, the British government selected Mark Carney, the head of the Canadian central bank, to succeed Mervyn King as the next governor of the Bank of England on Monday.

The appointment ended a months-long process in which some of Britain’s most prominent public officials vied for a post that will come with sharply enhanced powers.

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