Banks

For a few glorious weeks, Wall Street employees who were vaccinated against Covid-19 could ditch their masks at the office. That’s ending.

In the wake of the sandal, the head of its investment bank, Brian Chin, and chief risk and compliance officer, Lara Warner, stepped down.

The three-listed banks — DBS, OCBC and UOB — make up around one-third of the benchmark Straits Times Index.

Deutsche Bank on Wednesday posted a large profit beat for the second quarter, despite its all-important investment banking arm suffering a slide in revenues.

Barclays beat second-quarter profit expectations on Wednesday and boosted returns to shareholders, with its investment banking and equities businesses posting record incomes.

The Justice Department is investigating possible bank fraud by executives of Tether Ltd., according to Bloomberg News.

Chetan Seth of Nomura says the relative outperformance of Singapore stocks regionally has been driven by the country’s banks.

The European Central Bank on Thursday held monetary policy steady, but tweaked its guidance to reflect its recently-hiked inflation target.

The finance industry must remain vigilant about fraud in the unregulated crypto market, Starling CEO Anne Boden said.

European Central Bank President Christine Lagarde is giving a press conference after the bank’s latest monetary policy decision.

Starling is “very much on track” to post its first full year of profitability in 2022, CEO Anne Boden said.

Shares of OppFi rose in its market debut Wednesday after the company completed its SPAC merger.

Revolut launched a new feature Tuesday called Stays, which lets users book hotels and other accommodation through its app.

The world’s largest wealth manager has beaten second-quarter earnings expectations as the wealthy poured money into its flagship business.

Europe’s corporate earnings season began in earnest last week, with analyst consensus projecting a 140% year-on-year increase in earnings per share for the second quarter.

Europe’s corporate earnings season began in earnest last week, with analyst consensus projecting a 140% year-on-year increase in earnings per share for the second quarter.

“We’re seeing an influx of people into the South. It’s been very, very positive, and we will continue to see that,” First Horizon Bank CEO Bryan Jordan told CNBC.

National Securities’ Art Hogan is encouraging investors to stick to their investment game plans despite a volatility jump.

The report is the latest sign that Apple wants to offer additional financial services through its Wallet app and partnerships with financial firms.

Check out the stocks making headlines on Wall Street in midday trading.