Christine Lagarde faces scrutiny over BIS payments despite ECB staff ban

ECB President Christine Lagarde reportedly receives about 140,000 euros annually from the BIS despite a ban. Staff have complained about a double standard.

The Financial Times reported on February 23, 2026, that European Central Bank President Christine Lagarde receives approximately €140,000 a year from the Bank for International Settlements for her service as a board member. This reported payment has emerged alongside the fact that the European Central Bank maintains a formal ban on third-party payments to its staff members. The situation is currently described as under discussion as the institution addresses the implications of these findings.
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the media after the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, September 11, 2025. REUTERS/Kai Pfaffenbach/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the media after the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, September 11, 2025. REUTERS/Kai Pfaffenbach/File Photo
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