Economics

ECB Bank Watchdog Race Intensifies With Donnery Gaining Momentum

  • Governors from northern Europe said to back Irish candidate
  • ECB drive to improve gender balance works in Donnery’s favor
Photographer: Jasper Juinen/Bloomberg
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Sharon Donnery is getting closer to becoming the euro zone’s top bank supervisor as she and her two competitors ready for scrutiny by lawmakers and the European Central Bank.

The deputy governor of Ireland’s central bank can count on the support of a bloc of ECB policy makers from northern nations when the Governing Council holds a secret ballot next month, according to euro-area officials familiar with the matter.