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ECB names five SSM deputies

The European Central Bank appoints five deputy directors-general to its single supervisory mechanism with another two to follow; the Bank of Spain contributes a second senior supervisor

ECB reshuffles executive board

Benoît Coeuré takes over international and European relations; Yves Mersch inherits payments and market infrastructure; Vítor Constâncio gets macro-prudential policy

Stanley Fischer nominated Fed vice-chair

US President also nominates Lael Brainard, a former US Treasury under-secretary, to the Federal Reserve board, while Jerome Powell, on the board since 2012, is nominated for a second term

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