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Deutsche Bank had incorrectly disclosed deferred tax assets in its 2019 consolidated financial statement, the German bank regulator said today

German regulator finds error in Deutsche Bank filing

German bank regulator BaFin has found that Deutsche Bank had incorrectly disclosed deferred tax assets in its 2019 consolidated financial statement, it said today.

Business • 16 Jul 24

The German regulator has already had in place a monitor at Deutsche Bank to oversee money laundering controls since 2018

German regulator installs monitor at Deutsche Bank

Germany's top financial regulator is appointing a special monitor to Deutsche Bank to oversee the lender's handling of consumer service problems at its Postbank unit, a blow to the reputation of the nation's top bank.

Business • 02 Oct 23

The Kremlin Wall with the Spasskaya Tower in Moscow

Investors cut Russia exposure amid Ukraine crisis

Major investors, including hedge fund Man Group and British asset manager abrdn said today they were cutting their positions in Russia in the wake of the country's invasion of Ukraine.

Business • 01 Mar 22

Deutsche Bank said it accepted the fine and had implemented measures to improve its controls regarding Euribor

Deutsche Bank fined €8.6m over Euribor controls

German financial regulator BaFin has fined Deutsche Bank over €8.5m for controls related to the Euribor interest rate.

Business • 30 Dec 21

The implosion of Wirecard has caused embarrassment with experts and politicians criticising what they see as a hands-off approach on the part of the authorities

Who's to blame for Wirecard? Germany passes the buck

Germany's accountancy watchdog has denied blame for failing to spot problems at collapsed payments firm Wirecard.

Business • 02 Jul 20

Police and public prosecutors raided Wirecard's headquarters in Munich today

Police raid Wirecard HQ, administrator kicks off sales

Police and public prosecutors raided Wirecard's headquarters in Munich and four properties in German and Austria today as they widened their fraud investigation into the payments company that collapsed last week.

Business • 01 Jul 20

Wirecard's implosion last week came years after the first allegations of fraud by some investors and journalists

New rules may be needed for payments after Wirecard

German regulators twice looked into tightening the supervision of collapsed payments firm Wirecard and discussed it with the German and European central banks but no action was taken, a person with direct knowledge of the talks told Reuters.

Business • 30 Jun 20

The Wirecard fraud scandal is threatening to further undermine Germany's once-prized reputation for integrity

Wirecard 'disaster' highlights corporate reform need

Wirecard's fall from grace has prompted calls for an overhaul of Germany's system of corporate oversight, as the fraud scandal threatened to further undermine the country's once-prized reputation for integrity.

Business • 23 Jun 20

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