Bundesbank’s Buch Has Edge in Race for ECB Watchdog Top Job

Bundesbank Vice President Claudia Buch is likely to get the top job at the European Central Bank’s oversight arm, according to people familiar with the matter.

The ECB Governing Council is set to make a pick during its two-day meeting in Frankfurt which starts Wednesday and a majority of the members are leaning toward casting their vote for the German, said the people, who asked not to be identified because the talks are private.