Peter Henry is the front runner to be NY Fed President - report

Reuters says Henry is the favorite as the field narrows

Reuters reports that the New York Fed has narrowed the field of candidates to take over from Bill Dudley when he retires next year. The leading contender is Peter Blair Henry, 48, dean of New York University's Stern School of Business.

The report said his papers and comments reveal little about his views on U.S. monetary policy or financial supervision.

Henry might be the favorite but the field is still broad and open. Other names in contention, according to the report, are:

Simon Potter, the head of the New York Fed's markets desk; Brian Sack, his predecessor in that role now at hedge fund D.E. Shaw; and Lorie Logan, Potter's deputy.

They said the field also included Lael Brainard, one of four sitting Fed governors; former Fed governor and Harvard professor Jeremy Stein; and Mohamed El-Erian, the chief economic adviser at PIMCO-parent Allianz SE.