Tag: Bafin
The “Lion’s Den” investor Social Chain is bankrupt
A picture from better days The two ex-jurors from the “Lion’s Den”, Georg Kofler (left) and Ralf Dümmel, posed with the stock market bull in 2021. Today her company The…
“Lion’s Den” investor Social Chain is bankrupt
A picture from better days eoThe two ex-jurors from the “Lion’s Den” Georg Kofler (left) and Ralf Dümmel posed with the stock market bull in 2021. Today her company The…
This neobank is attacking N26
Bunq app Dutch neobank Bunq announces a profit for 2023. (Photo: mauritius images / M4OS Photos / Alamy / Alamy Stock Photos) Frankfurt The German neobank N26 is facing a…
Sparda bank customers have to switch to new online banking
Sparda Bank Baden-Württemberg Seven Sparda banks, including Sparda-Bank Baden-Württemberg, are changing their IT service provider. Significant changes in online banking follow for their customers. (Photo: mauritius images / KH-Pictures /…
Sparda bank customers have to switch to new online banking
Sparda Bank Baden-Württemberg Seven Sparda banks, including Sparda-Bank Baden-Württemberg, are changing their IT service provider. Significant changes in online banking follow for their customers. (Photo: mauritius images / KH-Pictures /…
Deutsche Bank is likely to be targeted again by the ECB over FX swaps
Deutsche Bank headquarters in Frankfurt am Main Only a few months ago, the Frankfurt-based company completed an internal investigation into derivative swaps. (Photo: dpa) Frankfurt Deutsche Bank has drawn renewed…
According to N26 co-boss Tayenthal, Allianz X does not want to sell any shares
N26 co-boss Maximilian Tayenthal “Everyone at N26 can give feedback openly.” (Photo: Getty Images, N26 [M] ) Frankfurt Requirements of the financial supervisory authority, criticism from the management and doubts…
Bafin extends conditions against N26 – Fintech is only allowed to grow to a limited extent
N26 logo The German financial supervisory authority still sees some catching up to do in the area of money laundering at the Berlin smartphone bank. (Photo: Reuters) Frankfurt N26 continues…
Capital increase is on the brink
Dusseldorf, Berlin Social Chain AG waited until just before midnight on Wednesday before publishing the second bad news of the day. The planned capital increase through the issue of 4.5…
Bafin finds incorrect postings in the balance sheet
Berlin, Dusseldorf The financial regulator Bafin has identified two incorrect bookings worth millions in the balance sheet for 2021 of the online trading company Social Chain AG. Its CEO Georg…
Data leakage is now also the concern of the financial regulator
The financial regulator Bafin is concerned with data leaks at banks and insurers The Comdirect, which is part of Commerzbank, also confirmed that criminals had access to customer data. (Photo:…
Bafin finds incorrect postings in the balance sheet
Georg Kofler (left) and Ralf Dümmel The company describes itself as a “brand and product house of the next generation”. (Photo: Social Chain AG) Berlin, Dusseldorf The financial regulator Bafin…
Berlin fintech Solaris reports a deficit of 56 million euros
Solaris in Berlin The fintech has closed a new round of financing. (Photo: Solarisbank) Frankfurt Higher costs are weighing on Solaris’ results: the Berlin fintech posted a deficit of 56…
EU makes greenwashing a million-dollar risk for companies
Products The EU draft stipulates that all environmental advertising claims must be certified in advance by an independent testing body. Dusseldorf Many companies still advertise with labels such as “climate…
Fund company DWS is negotiating with the public prosecutor
DWS logo The public prosecutor’s office in Frankfurt is still investigating against the Deutsche Bank subsidiary because of the greenwashing affair. (Photo: REUTERS) Frankfurt, Cologne According to Handelsblatt information, the…
N26 collects information about its own users
N26 logo Customers currently have to answer a few questions from the smartphone bank. (Photo: dpa) Frankfurt N26 currently seems to be catching up on what the Berlin smartphone bank…
Financial regulator Bafin is examining higher liquidity buffers for banks
Bafin President Mark Branson “Double vulnerability in the system”: Customers park their savings for a shorter period of time and, thanks to the digitization of the banking business, can also…
Financial regulator Bafin warns of Swiss Investment Solution
View of Geneva The only available address from Swiss Investment Solution points to an apartment block in the city. It’s not the only inconsistency at the investment house. (Photo: dpa)…
Dax and dates in the daily stock market report
Frankfurt, Dusseldorf The leading German index has had a trading day with little momentum: On Tuesday, the Dax closed 0.3 percent down at 16,039 points. The main reason for the…
Neobroker “under stress” after PFOF ban
Frankfurt Stock exchange trading almost free of charge: That should soon be history. The EU states and the EU Parliament have agreed on a ban on “Payment for Order Flow”…