Lisbon / Bloomberg European Central Bank (ECB) officials underlined their readiness to further ease monetary policy as banking, political and sovereign fault lines showed the region remains vulnerable six years after the start of the debt crisis. In Frankfurt, the ECB’s home city, and Brussels, Europe’s nominal capital, policy makers said they’ll take whatever measures are required to help the ...

Beijing / Bloomberg The People’s Bank of China (PBOC) should gradually adjust the amount of deposits that lenders lock away as reserves in accordance with the nation’s international balance of payments situation, according to economists at the central bank. The required reserve ratios (RRR) for commercial lenders should be raised or lowered to meet the country’s macroeconomic demands, researchers led ...

Cernobbio / Reuters The chairman of France’s second-biggest retail bank is more worried about Europe’s banking sector now, in some ways, than when he took the reins at BPCE bank during the depths of the global financial crisis in 2009. Francois Perol said on the sidelines of an economic conference in Italy that negative interest rates in the euro zone ...