Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    Global Banking & Finance Review® is a global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure. Global Banking & Finance Review® operates a Digital-First Banking Awards Program and framework — an industry-first digital only recognition model built for the modern financial era, delivering continuous, transparent, and data-driven evaluation of institutional performance.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >France's Macron accepts resignation of Louvre museum chief after jewel theft
    Finance

    France's Macron accepts resignation of Louvre museum chief after jewel theft

    Published by Global Banking & Finance Review®

    Posted on February 24, 2026

    1 min read

    Last updated: February 24, 2026

    France's Macron accepts resignation of Louvre museum chief after jewel theft - Finance news and analysis from Global Banking & Finance Review
    Tags:policyrisk managementsecurity

    Quick Summary

    On Feb 24, 2026, Macron accepted Louvre director Laurence des Cars' resignation after the Oct 19, 2025, $102m crown jewels heist and weeks of strikes, signaling a security-focused reset. (uk.marketscreener.com)

    PARIS, Feb 24 (Reuters) - French President Emmanuel Macron accepted the resignation on Tuesday of the head of Paris' Louvre museum, which has been grappling with the fallout from a high-profile jewel heist and rolling strikes.

    Laurence des Cars tendered her resignation, which Macron accepted, "praising an act of responsibility at a time when the world's largest museum needs calm and a strong new impetus to successfully carry out major projects involving security and modernization", his office said.

    Des Cars has faced intense criticism since burglars made off in October with jewels worth an estimated $102 million that are still missing, exposing glaring security gaps at the world's most-visited museum.

    Strikes over pay and conditions since December have also led to regular closures and added to a list of woes that included two water leaks as well as a massive ticket fraud investigation.

    Critics including the state auditors' office have questioned the museum's low spending on security and infrastructure maintenance while it made lavish purchases of new artwork, only a quarter of which is open to the public, and spent heavily on post-pandemic relaunch projects.

    (Reporting by Dominique Vidalon and Michel Rose; Editing by Alex Richardson)

    Key Takeaways

    • •President Emmanuel Macron accepted Louvre director Laurence des Cars' resignation on Feb 24, 2026.
    • •The move follows the Oct 19, 2025 theft of French crown jewels valued at about $102 million, which intensified scrutiny of museum security.
    • •Authorities say the stolen jewels remain missing as investigations and arrests continue.
    • •Rolling staff strikes and infrastructure concerns have led to periodic closures and pressure for reforms at the museum.
    • •The Elysée framed the resignation as an act of responsibility, aiming to restore calm and accelerate security and modernization projects.

    Frequently Asked Questions about France's Macron accepts resignation of Louvre museum chief after jewel theft

    1What is the main topic?

    France's President Emmanuel Macron accepted the resignation of Louvre director Laurence des Cars following a high-profile $102 million jewel heist and staff strikes.

    2Why did the Louvre director resign?

    The resignation comes after the Oct 19, 2025 crown jewels theft exposed security weaknesses and amid rolling strikes that disrupted museum operations.

    3Are the stolen jewels recovered?

    No. As of Feb 24, 2026, the jewels remain missing while investigations continue and multiple arrests have been reported.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Finance PostUkraine does not feel abandoned by US government, envoy says
    Next Finance PostUK confident its trade deal with US still stands despite latest Trump tariff move
    More from Finance

    Explore more articles in the Finance category

    Image for Exclusive-Russia's Transneft cuts pipeline oil intake after drone attack on key pumping station, sources say
    Exclusive-Russia's Transneft cuts pipeline oil intake after drone attack on key pumping station, sources say
    Image for AI accounting startup Basis raises $100 million at $1.15 billion valuation
    AI accounting startup Basis raises $100 million at $1.15 billion valuation
    Image for Italy to keep out of MPS board renewal process as CEO fights for reappointment, sources say
    Italy to keep out of MPS board renewal process as CEO fights for reappointment, sources say
    Image for No-shows by Trump's envoy to France increase diplomatic friction
    No-shows by Trump's envoy to France increase diplomatic friction
    Image for UBS promotes Golia to lead wealth management advisers in US
    UBS promotes Golia to lead wealth management advisers in US
    Image for Much of world economy has coped better than expected with tariffs, SNB chairman says
    Much of world economy has coped better than expected with tariffs, SNB chairman says
    Image for European AI chip startup Axelera raises additional $250 million
    European AI chip startup Axelera raises additional $250 million
    Image for Italy's Saipem reports 22% rise in Q4 adjusted core earnings
    Italy's Saipem reports 22% rise in Q4 adjusted core earnings
    Image for Industry asks EU to keep free carbon permits for longer
    Industry asks EU to keep free carbon permits for longer
    Image for UK farmers demand continued access to crop chemicals in EU pact
    UK farmers demand continued access to crop chemicals in EU pact
    Image for Keurig Dr Pepper forecasts strong 2026 on JDE Peet’s boost despite cost pressures
    Keurig Dr Pepper forecasts strong 2026 on JDE Peet’s boost despite cost pressures
    Image for Ukraine does not feel abandoned by US government, envoy says
    Ukraine does not feel abandoned by US government, envoy says
    View All Finance Posts