As a former financial journalist, I spent a large amount of time drinking and smoking cigarettes with the characters of the Lloyds Market, for two reasons: The first was because I thoroughly enjoyed their company. The second? Because they would ever so often given me off-the-record commentary on the comings-and-goings of people within the market, as well as the probably impacts of mergers and acquisitions. So it was of no surprise to me last week when it emerged that ‘sources close to the ECB’...
