Christine Lagarde
Lagarde’s shattering ECB move, Financial Stability Oversight Council and non-bank financial companies
Commentary: Lagarde’s shattering ECB move
By David Marsh in London
Christine Lagarde’s nomination to run the European Central Bank is a high-risk, French-orchestrated gamble that shatters the Bundesbank’s pretensions to influence the fate of economic and monetary union. The selection of the International Monetary Fund managing director confirms a new activist era in central bank...