Tag: Exchange Commission
Bafin takes action against payment service providers
Frankfurt The financial supervisory authority Bafin has identified significant deficiencies in the payment service provider Unzer and is therefore taking tough action against the group. The subsidiary Unzer E-Com GmbH…
All-clear for US shares from Alibaba, Baidu, Tencent and Co.
Alibaba Group Around 200 Chinese companies are threatened with delisting from US stock exchanges. With an agreement between the USA and China, a solution is now in sight. (Photo: Reuters)…
London is planning a new “Big Bang” for the financial sector
Race to succeed Johnson A mural in Belfast shows the two candidates for the Conservative party leadership, Rishi Sunak and Liz Truss. (Photo: dpa) London The City of London may…
Deutsche Bank and Wall Street banks face fines over Whatsapp
Banks in New York Especially during the pandemic, the use of private communication services at banks has increased significantly. (Photo: dpa) New York, Frankfurt Using WhatsApp and personal email accounts…
Wall Street banks face fines worth millions for Whatsapp use
Banks in New York Especially during the pandemic, the use of private communication services at banks has increased significantly. (Photo: dpa) new York Using WhatsApp and personal email accounts for…
Stocks of Bed Bath Beyond Plunge: “Blatant Pump and Dump Scheme”
Bed Bath & Beyond The paper of the US company, which sells kitchen, household and bathroom equipment, collapsed by 40 percent on Friday. (Photo: Universal Images Group/Getty Images) Denver, Dusseldorf…
Investor Ryan Cohen sells all shares
Denver Ryan Cohen was considered the hero of Reddit traders. The activist investor has made himself popular with young investors over the past two years, who discuss their trades on…
Investor Ryan Cohen sells all shares in Bed Bath & Beyond
Denver Ryan Cohen was considered the hero of Reddit traders. The activist investor has, over the past two years, made himself popular with young investors who discuss their trades on…
Chinese state-owned companies withdraw from the New York Stock Exchange
New York Stock Exchange A visit by US House Speaker Nancy Pelosi to Taiwan last week further exacerbated tensions between the US and China. Five Chinese state-owned companies are now…
Bafin calls for better control at Allianz
Munich After billions in hedge fund losses in the USA, Allianz is under closer scrutiny from the Bafin. The Bonn supervisors have asked the insurer to regulate the responsibilities of…
Financial regulator criticizes shortcomings at Clearstream.
German Stock Exchange The public prosecutor’s office has intensified its investigation into the group’s possible involvement in the cum-ex business. (Photo: dpa) Frankfurt The financial regulator Bafin is taking action…
Adler wants to appeal against the Bafin decision
Glassmaking district in Dusseldorf The public prosecutor’s office has also targeted the Adler shops in Düsseldorf’s glassmaking district. (Photo: Verfürden/Handelsblatt) Dusseldorf, Berlin The bad news for the stricken real estate…
Investment advisers must provide information about ESG products
Dusseldorf From Tuesday, investment advisors must ask their customers about their sustainability preferences and offer them appropriate financial products for their portfolios. This is what new EU rules for the…
Adler wants to appeal against the Bafin decision
Glassmaking district in Dusseldorf The real estate group also announces the sale of further properties. (Photo: Verfürden/Handelsblatt) Luxembourg According to Bafin, the ailing real estate group Adler Group could have…
Insider suspicion at Goldman Sachs
Securities and Exchange Commission SEC The regulator accuses a former Goldman Sachs banker of insider trading. (Photo: Reuters) Frankfurt The suspicion weighs heavily: the US authorities have accused a former…
Tech group Didi has to pay billions in fines
Didi at the New York Evil The travel agent will now withdraw from Wall Street. (Photo: Reuters) Beijing The Chinese travel agency Didi has to pay the equivalent of 1.2…
Juicy Holdings: Bafin warns against cannabis investments
cannabis plants In Germany, the planned legalization of cannabis for recreational use could create a billion-dollar market. (Photo: obs) Dusseldorf “Grow cannabis! It’s worth it!” This is how the Dutch…
Crypto platform Celsius goes bankrupt – what it means for investors
Dusseldorf Since the beginning of the year, the crypto world has suffered numerous setbacks. For example, the deep fall of the two largest cryptocurrencies: Bitcoin has lost half its value…
GameStop chief financial officer leaves – stock falls in after-hours trading
GameStop store front The company’s stock plummeted after the market closed. (Photo: Reuters) Bangalore Mike Recupero has left the US company, reports the politics and news website Axios, citing a…
Three Arrows Capital files for bankruptcy
View of New York Three Arrows Capital’s Manhattan bankruptcy filing comes just days after the firm was forced into bankruptcy in the Virgin Islands. (Photo: Reuters) new York Crypto hedge…