Handelsblatt has learned that the German financial services firm received a demand for payment to avoid negative media coverage. Prosecutors are investigating.
Buying $140 million in insurance from Berkshire Hathaway did little to protect Germany’s largest bank from its poor investment decision.
The online payment service has failed to meet expectations but key owners such as Deutsche Bank think it can differentiate itself from US rivals by stressing its commitment to protecting client data.
A German attorney faces an unusual trial in Switzerland for exposing a financial scandal involving J. Safra Sarasin, the Basel-based lender.
Germany's financial watchdog takes an unusual step to protect what is seen as one of the most promising upstarts in Europe's biggest economy.
The capital’s lefty government is mulling ever more extreme measures to close the housing gap, even as burdensome regulations slow new building.
Merging retail operations has already cut outlays by half a billion euros, bringing Germany's largest bank closer to its cost-cutting target.
A prominent German patriarch and his son are squabbling over their palatial home. It was to be donated to the state, but that plan is on ice as their feud draws in other European royal families.
Shares in the payments service giant nosedived again as its Asian operations were raided over possible accounting fraud. Germany's financial watchdog is investigating the stock's gyrations.
European bank regulators say any marriage between the two lenders will require a viable business model, according to a German media report.
The regional stock market wants to be in the vanguard of digital asset trading. But it’s also taking a huge risk and it has to rely on non-German platforms for the actual buying and selling.
The Financial Times cites documents describing potential fraud and money laundering at the German payments firm.
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