There’s a battle for control of the ECB. For Ireland and Europe’s sake, Christine Lagarde needs to win it
In her first month as President of the ECB, Christine Lagarde is having to fight off a coup. Other European central bankers want her to give them a greater say in how monetary policy is set. There are three reasons why Lagarde needs to win.
John Looby: Nixon legacy still shaping our world: Part 3 – The Cold War, the Geithner doctrine and the travails of Deutsche Bank
The establishment believes banks are different and treats them differently. This is not a cyclical and temporary issue; it is structural and permanent. A universal reality confirmed by the recent travails of Deutsche Bank.