Bank of England Governor, Andrew Bailey, took time out from directing the country’s monetary policy yesterday, to reprise his previous role as Head of the Financial Services Authority.He spoke of how robust he believes banks in the UK have become, having embraced new regulations that have been put in place to support them following a period of severe macroeconomic disruptions over the past four years.However, he is “bewildered” by the fact that the bank’s share prices have been “stagnating” despite “significant” profitability and relatively low provisions for bad debt.The level of bank reserves with the Bank of England has grown over the past two years, and this adds to the nation’s financial stability.Bailey’s comments were a distraction from his “day job” which has thrust him into the limelight since he took over from Mark Carney, a Governor who was “adored” by the City.Beyond Currency Market Commentary:Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.