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Bailey set to be named new Bank of England boss - source

LONDON, Dec 19 (Reuters) - Former Bank of England deputy governor Andrew Bailey is set to be named as the new governor of the British central bank, a person familiar with the process said on Thursday.

Bailey, 60, is chief executive of the Financial Conduct Authority, a regulator charged with fighting misconduct in the finance industry, and previously spent 30 years at the BoE. (Writing by William Schomberg; Editing by Sandra Maler)