[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: Financials (TRBC level 1)
Swiss cenbank to press ahead with FX interventions despite U.S. manipulation tag
[ad_1] ZURICH (Reuters) -The Swiss National Bank rejected accusations of currency manipulation by the United States on Wednesday, saying the label would not deter it from acting aggressively on forex…
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…
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…
Credit Suisse winds down $10 billion Greensill-linked funds
[ad_1] By Brenna Hughes Neghaiwi, Abhinav Ramnarayan ZURICH (Reuters) – Credit Suisse said on Friday it is winding down its $10 billion supply chain finance funds, which were mostly invested…