6th October 2016
Germany’s financial watchdog has found no evidence to date that Deutsche Bank (DBKGn.DE) violated money laundering rules in Russia, people close to matter said on Thursday, possibly relieving one headache for the country’s biggest bank. The Russian case is just one of many regulatory investigations that have combined to… Read More
3rd October 2016
The head of Germany’s financial regulator warned on Saturday of negative perceptions that could lead to downward spirals on the markets, at the end of a week that saw Deutsche Bank shares battered by a crisis of confidence. In an interview with the Frankfurter Allgemeine Sonntagszeitung newspaper due to be… Read More
19th August 2016
There is no reason to lift the European Union’s sanctions against Russia as Moscow has not fulfilled all of its commitments under the Minsk peace plan, German Chancellor Angela Merkel said in an interview published on Friday. Merkel told the RedaktionsNetzwerks Deutschland (RND) that Russia had caused a major crisis… Read More
27th July 2016
Deutsche Bank warned it may need deeper cost cuts to turn itself around, after revenue fell sharply in the second quarter due to challenging markets and low interest rates. “If the current weak economic environment persists, we will need to be yet more ambitious in the timing and intensity of our… Read More
29th June 2016
Germany’s financial market regulator delivered a double blow to London yesterday, saying it could not host the headquarters of a planned European stock exchange giant after Britain leaves the EU, and nor could it remain a centre for trading in euros. Felix Hufeld, who heads the Bafin regulator, is the… Read More
29th June 2016
German Chancellor Angela Merkel confirmed Tuesday night that the European Union would extend economic sanctions against Russia, according to The Wall Street Journal. Read More
28th June 2016
Germany’s financial market regulator delivered a double blow to London on Tuesday, saying it could not host the headquarters of a planned European stock exchange giant after Britain leaves the EU, and nor could it remain a center for trading in euros. Felix Hufeld, who heads the Bafin regulator, is… Read More
7th June 2016
A German regulator has fined three companies for still relying on a Safe Harbour agreement to electronically transfer personal data to the United States, despite the deal being declared invalid by the EU’s highest court last year on concerns about U.S. mass surveillance activities. The Hamburg Data Commissioner said on… Read More
28th May 2016
Merkel says it’s too early to lift Ukraine-related measures, but some Social Democrats disagree Read More
9th May 2016
A bilateral research initiative sees Germany and Austria funding the project which is focused on organized financial crime specifically committed with virtual currencies. Read More