Trichet's successor may face reduced role

Former vice-president of the ECB Christian Noyer could be named as a replacement to Jean-Claude Trichet at the Bank of France, but Herve Hernoun could also take the job as a less political choice. Whatever the case, the new Governor is likely to face a reduced role from that which Trichet enjoyed.

Source: Financial Times

The formal confirmation of 61-year-old Jean-Claude Trichet as head of the European Central Bank today is expected to pave the way for the rapid nomination of his successor as