How Bafin boss Felix Hufeld justifies himself

Berlin, Frankfurt Felix Hufeld was more important for the finance politicians this Wednesday afternoon than the Chancellor. The hearing of the Bafin chief in the finance committee should actually end by 1 p.m. at the latest, since then Angela Merkel (CDU) commented on the German EU Council Presidency in plenary. However, from the point of […]

ROUNDUP 5: Wirecard before disassembly – new searches and criticism of supervision | 01.07.20

(continuously updated) MUNICH (dpa-AFX) – The Dax (DAX 30) group, which is involved in a billion-dollar balance sheet scandal, is expected to be dismantled and sold. The provisional insolvency administrator Michael Jaffé announced on Wednesday night that “numerous interested parties worldwide had already registered for the acquisition of business areas”. A little later, dozens of […]

ROUNDUP 4: Wirecard before disassembly – new searches and criticism of supervision | 01.07.20

(New: Bafin boss Hufeld in the finance committee of the Bundestag) MUNICH (dpa-AFX) – The Dax (DAX 30) group, which is involved in a billion-dollar balance sheet scandal, is expected to be dismantled and sold. The provisional insolvency administrator Michael Jaffé announced on Wednesday night that “numerous interested parties worldwide had already registered for the […]

FDP calls for moratorium on financial market regulation

Reichstag at night The Federal Government has planned a number of regulations for the financial market and has already passed some of them. (Photo: dpa) Berlin Over the past few weeks, the federal government and the Bundestag have decided massive aid for companies affected by the corona crisis. The FDP wants to relieve the companies […]

Distributions

Helaba Like other financial institutions, the Landesbank Hessen-Thüringen is suspending the dividend payment for the time being. (Photo: dpa) Frankfurt An increasing number of banks are following the recommendation of the supervisory authorities and suspend distributions to their owners. The Landesbank Hessen-Thüringen (Helaba) is not paying a dividend for the time being. A Helaba spokesman […]