 | | | | Euro zone bond yields rose on Friday as traders further ramped up bets on European Central Bank rate hikes this year. | | | | | | Spain's Caixabank has adequate provisions to face potential future losses given the current market uncertainty, the bank's Chief Executive Officer Gonzalo Gortazar said on Friday. | | | | | | The European Union on Friday targeted crypto wallets, banks, currencies and trusts in its fifth package of sanctions on Russia in a bid to close potential loopholes which could allow Russians to move money abroad. | | | | | | European equity funds attracted heavy inflows in the week ended April 6 as the Russia-Ukraine conflict whetted investor appetite for defence and energy stocks, while other regions posted outflows on concerns over unruly inflation. | | | | | | An advisory panel to Japanese Finance Minister Shunichi Suzuki warned on Friday of a risk of a spike in interest payments on public debt and urged efforts to ensure sound fiscal policy to guard against the possibility of higher bond yields. | | | | | | Big U.S. banks are expected to show a sharp decline in first quarter earnings from a year ago, when they benefited from exceptionally strong dealmaking and trading, and funds set aside for loan losses being released. | | | | | | Australia's Federal Court on Friday ordered lender Westpac Banking Corp's superannuation agent to pay A$20 million ($14.96 million) in penalty for incorrect insurance charges. | | | | | | Intesa Sanpaolo has stopped any financing to Russian and Belarusian counterparties since the start of the Ukraine war and put local operations under the special oversight of a crisis unit, a spokesperson for Italy's biggest bank said on Friday. | | | | | | Macro funds this year posted their highest first-quarter performance since 1993, as fund managers navigated well amid high volatile markets, a report by hedge fund data provider HFR showed on Thursday. | | | | | | A former Goldman Sachs managing director has been permanently barred from the banking industry over mishandling confidential documents leaked from the New York Federal Reserve, the U.S. central bank said on Thursday. | | | | | |
