Bank of Israel policymakers expressed concern that the new government will boost spending too much and harm its ability to return inflation to its 1-3% annual target.
Ashmore's assets under management and net outflows marginally missed market expectations in the three months to end-December, but improved from the previous quarter with a pick up in investor sentiment as broader economic risks eased.
Shares in British subprime lender Amigo tumbled 39% on Monday after the company said it had failed so far to find a cornerstone investor for a planned capital raise, putting the future of the company in doubt.
Spain's BBVA expects its 2022 dividend to significantly top the 0.31 euros dividend per share paid out in 2021, Chairman Carlos Torres said in a post on the Spanish bank's website on Monday.
Schroders has obtained Chinese regulatory approval to set up a wholly-owned mutual fund unit in China, as Beijing accelerates opening up its giant financial sector to foreigners.
HDFC Bank , India's largest private lender, on Saturday reported a 18.5% jump in net profit for the October-December quarter, aided by higher top-line and healthy loan growth.
Wall Street's biggest banks stockpiled more rainy-day funds to prepare for a possible recession, while showing caution about forecasting income growth in an uncertain economy and as higher rates increase competition for deposits.
JPMorgan Chase & Co and Bank of America Corp continued to add staff as the economy softens, even after the ranks of the five biggest U.S. lenders swelled by 100,000 since the start of 2020.
JPMorgan Chief Financial Officer Jeremy Barnum told investors the bank is "absolutely open for business" in leveraged lending even as other U.S. banks are expected to book significant losses on risky loans underwritten last year.
Bank of New York Mellon Corp is planning to cut around 3% of its workforce this year, a source familiar with the matter told Reuters on Friday, joining a number of Wall Street firms in trimming headcount to cope with turbulent markets.
