China tightens regulation of online loans

Chinese banks The share of online lending business cannot exceed half of the total business of Chinese banks from mid-2022. (Photo: AP) Peking China is … Read more

Wirecard: Bafin contradicts Munich public prosecutor’s office

Frankfurt, Düsseldorf When processing the WirecardScandals, the Munich public prosecutor’s office came into the focus of the Bundestag’s investigative committee. The question is what influence … Read more

A European banking union for international financial institutions would have many advantages

The author Axel Weber is Chairman of the Board of Directors of UBS Group AG. (Foto: Bloomberg [M]) Now that Brexit has been finally resolved, the … Read more

The new boss should speak German and have charisma

Berlin, Frankfurt The Ministry of Finance is looking for a candidate with charisma to head the Bafin Financial Supervisory Authority. “International experience and knowledge of … Read more

After the Wirecard scandal, the EU wants to create more transparency

European Commission in Brussels The EU paper particularly criticizes the Federal Financial Supervisory Authority (BaFin). (Photo: dpa) Brussels After the multi-billion dollar fraud scandal involving … Read more