Jean-Claude Trichet

Trichet: Eurozone CCP will help improve oversight

European Central Bank president Jean-Claude Trichet backed a central counterparty (CCP) for clearing credit default swap (CDS) trades in the eurozone today, in a speech that also called for banker compensation to be linked to avoiding excessive leverage.

Trichet predicts tighter regulations on banks

The president of the European Central Bank, Jean-Claude Trichet, has blamed the summer's crisis on opaque financing models and mistakes by rating agencies, and has called for an overhaul of financial regulation.

Trichet still best bet for ECB job

Jean-Claude Trichet's trial is not an insurmountable obstacle to his accession to ECB presidency. But while the outcome is uncertain, French officials must come up with a back-up candidate, says Stephen Sandelius, Paris correspondent for Market News…

BIS seeks replacement for Crockett

BASEL - The Bank for International Settlements (BIS), the so-called central bankers' central bank, said in September it had set up a committee to help find a replacement for BIS general manager Andrew Crockett who leaves the bank at the end of March next…