ECB’s Lagarde sets out vision for integrated European capital market

The president of the European Central Bank argues for a more ambitious, top-down approach to the capital markets union.

Christine Lagarde knows a thing or two about crises. She became France’s Finance and Economy Minister in the summer of 2007, just as the first tremors of the subprime mortgage crisis were being felt in France. She later took up the mantle of managing director at the International Monetary Fund amid a corporate governance scandal after her predecessor, Dominique Strauss-Kahn, was arrested on allegations of sexual assault. And then she became president of the European Central Bank in November 2019

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