ECB's new faces set investors a test

At least 10 of the Governing Council’s 25 members are exiting this year, with president Mario Draghi’s departure in October the most high-profile

5th June, 2019
ECB actions worry German banks.

The European Central Bank will have some fresh faces when officials meet in Vilnius this week, and more are on the way in a sweeping reshuffle that could alter the way the institution thinks about euro zone monetary policy.

At least 10 of the Governing Council’s 25 members are exiting this year. While President Mario Draghi’s departure in October is the most high-profile, less noticed is that half the powerful Executive Board and a number...

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