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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: ECB Backs Buch As Enria's SSM Replacement
The ECB’s Governing Council has nominated Bundesbank’s vice president Claudia Buch fto be the new chair of the Supervisory Board, replacing Andrea Enria, a press release from the Frankfurt-based central bank said Wednesday.
Buch’s nomination needs the formal approval of the European Parliament and the Council of the European Union. Acceptance will see he replace Enria as head of the SSM on January 1st 2024.
The Governing Council chose Buch over Bank of Spain deputy governor Margarita Delgado, despite the European Parliament’s Committee on Economic and Monetary Affairs showing a preference for Delgado in July following preliminary hearings and could be seen as a snub in Madrid. (MNI: Spain Hopes To Head SSM, EIB Seen Overweighting Madrid)
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.