central banking

EU leaders target December pick for Lagarde successor

European Union leaders want to appoint a successor to European Central Bank President Christine Lagarde at their December 17-18 summit, a senior euro zone official told Reuters on Wednesday. The plan would wrap up a fast-moving race that began after…

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WEF eyes Lagarde as chair as early as November, sources say

The World Economic Forum could appoint European Central Bank President Christine Lagarde as its next chair as soon as next month. Four people close to the organization told Reuters that the move would mean she leaves the ECB early and…

Merz to meet top contenders to succeed ECB’s Lagarde

German Chancellor Friedrich Merz is set to meet both frontrunners to succeed European Central Bank President Christine Lagarde, according to Bloomberg, which cited people familiar with the matter. Spain's Pablo Hernández de Cos and the Netherlands' Klaas Knot will each…

Lagarde says she’ll leave ECB in 2027 but won’t commit to full term

European Central Bank President Christine Lagarde on Friday left the door open to departing her post before her eight-year term expires in October 2027, fueling a succession debate that has drawn in Europe's largest economies.

ECB staff demand Lagarde clarify her future amid exit speculation

The European Central Bank's staff committee has written to the institution's Executive Board demanding that President Christine Lagarde clarify whether she intends to leave before her term expires in October 2027, warning that prolonged uncertainty risks undermining trust in the…

EU capitals race to agree on ECB leadership package by year’s end

Eurozone governments are engaged in intensifying behind-the-scenes negotiations over a sweeping leadership overhaul at the European Central Bank, with a "grand package" covering three of the institution's most senior roles expected to be agreed by year's end, according to the…

Spain backs De Cos to succeed Lagarde as ECB president

Spain has thrown its hat into the ring for the European Central Bank's top job, backing Pablo Hernández de Cos as its candidate to succeed Christine Lagarde in what would be Madrid's first-ever bid to lead the eurozone's central bank.