Mark Carney a 'significant postive' for banks, say analysts "While we do not expect any reopening of issues such as ring-fencing, we consider the new governor less likely to pursue a further tightening of UK standards already well above Basel requirements in capital, funding and liquidity," wrote the analysts. In an interview last month with Euromoney, the incoming governor criticised a speech given by Andy Haldane, the Bank's executive director for financial stability and a leading contender for a deputy governor role, as lacking a "proper understanding of the facts." Mr Carney is on record as saying he supports the so-called "universal banking model" whereby large lenders offer both retail and investment banking services. However, he has also been a vocal critic of senior bankers, saying in an interview with the BBC that if they could not control their operations at all times they should "shed businesses and activities."