Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013. He had previously worked at the investment bank Goldman Sachs, and served as the governor of the Bank of Canada, the country's central bank.

All major U.S. banks have quit a climate initiative known as the Net-Zero Banking Alliance. Formed in 2021 as a subgroup of a Mark Carney-led climate finance group, it now faces an uncertain future, even as Canadian and European banks remain for now.

Mark Carney, the former governor of Canada's central bank, on Thursday launched his bid to succeed Justin Trudeau as Liberal Party leader and prime minister, immediately becoming a frontrunner in the race.

OTTAWA—Mark Carney, the former Canadian and U.K. central banker, formally declared his interest in succeeding Justin Trudeau as leader of Canada’s Liberal Party and the country’s prime minister, promising an economic agenda focused on lifting it from a period of stagnant growth.