EU financial services chief calls for compromise on bank capital

European Union financial services chief Mairead McGuinness on Tuesday urged the bloc’s lawmakers to agree on bank capital rules to keep the sector resilient as it emerges from the pandemic and markets fragment due to war in Ukraine.
Analysis: As Fed rate hikes loom, China may opt for modest easing to cushion slowdown

China’s central bank is set to unveil more easing steps to support slowing growth, though it will likely favour injecting more cash into the economy than cutting interest rates too aggressively, policy insiders and economists said.