Christine Lagarde's Unexpected Departure from ECB

Christine Lagarde is anticipated to exit her role as President of the European Central Bank before her term concludes, according to a source cited by the Financial Times. Reuters has not verified this report.

Christine Lagarde is expected to depart from her position as President of the European Central Bank ahead of the completion of her eight-year term, according to a report by the Financial Times on Wednesday.

Citing a person familiar with her thoughts, the report suggests a shift in leadership at the ECB is on the horizon.

Reuters, however, was unable to immediately corroborate the details of the Financial Times report.

(With inputs from agencies.)