[ad_1] By Andreas Rinke, Neil Jerome Morales BERLIN/MANILA (Reuters) – Germany’s opposition called on Monday for a parliamentary inquiry into the collapse of payments firm Wirecard after a global fraud…
Tag: Banking & Investment Services (TRBC level 2)
Italy’s Intesa sells merchant payments business to Nexi, takes stake
[ad_1] By Valentina Za, Elisa Anzolin MILAN (Reuters) – Intesa SanPaolo ISP.MI is selling its retailers’ payment business to Nexi NEXII.MI in a 1 billion euro ($1.1 billion)deal that will…
Italian bad loan prices must fall to lure back foreign buyers – Axactor Italy
[ad_1] MILAN, Nov 17 (Reuters) – International investors will steer clear of Italian impaired bank loans until prices fall to reflect the higher risks associated with the COVID-19 crisis, the…
TUI secures third bailout in COVID travel slump survival battle
[ad_1] By Arno Schuetze, Michael Nienaber, Klaus Lauer FRANKFURT/BERLIN (Reuters) – TUI secured a third bailout on Wednesday, striking a deal with the German government, private investors and banks for…
Germany’s BaFin files criminal complaint against Greensill Bank – prosecutor
[ad_1] FRANKFURT, March 3 (Reuters) – Germany’s financial regulator BaFin has filed a criminal complaint against Greensill Bank, the prosecutor’s office in Bremen said on Wednesday. BaFin didn’t immediately respond…
Germany bans Wirecard ‘shorting’ as prosecutors probe FT journalist
[ad_1] FRANKFURT (Reuters) – Germany’s financial watchdog has banned “short” selling of Wirecard shares due to volatility in the payments firm’s stock following reports in the Financial Times which are…
German state ready to buy company stakes to protect core industry
[ad_1] By Paul Carrel, Michelle Martin BERLIN (Reuters) – Germany’s government could take stakes in key domestic companies to prevent foreign takeovers, its Economy Minister said on Tuesday, presenting a…
EU watchdog slams Germany for lapses in Wirecard fraud
[ad_1] By Huw Jones, John O’Donnell LONDON/FRANKFURT (Reuters) – Germany failed to do enough to avert the Wirecard fraud, the European Union’s markets watchdog said on Tuesday as it delivered…