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United Kingdom

John O'Donnell

Exclusive: ECB plots Amazon-style market to prevent Wall Street COVID debt swoop

23 Sep 2020

FRANKFURT/NEW YORK Europe is working on an Amazon-style website to sell hundreds of billions of euros of bank loans which have been soured by the coronavirus crisis, in a bid to shore up the economy and challenge the dominance of big Wall Street debt investors.

Scandals overshadow German vice chancellor as he bids to succeed Merkel

10 Sep 2020

FRANKFURT/BERLIN Germany's vice chancellor has come under renewed pressure from lawmakers over his handling of two financial scandals, hurting his chances of reviving his Social Democrats in the race to succeed Chancellor Angela Merkel next year.

Scandals overshadow German vice chancellor as he bids to succeed Merkel

10 Sep 2020

FRANKFURT/BERLIN Germany's vice chancellor has come under renewed pressure from lawmakers over his handling of two financial scandals, hurting his chances of reviving his Social Democrats in the race to succeed Chancellor Angela Merkel next year.

Scandals overshadow German vice chancellor as he bids to succeed Merkel

10 Sep 2020

FRANKFURT/BERLIN, Sept 10 Germany's vice chancellor has come under renewed pressure from lawmakers over his handling of two financial scandals, hurting his chances of reviving his Social Democrats in the race to succeed Chancellor Angela Merkel next year.

German lawmakers demand answers over Wirecard collapse

01 Sep 2020

FRANKFURT German lawmakers launched a parliamentary inquiry into the collapse of payments firm Wirecard on Tuesday in an effort to force the government to reveal more about a failure to avert the country's biggest post-war corporate fraud.

German officials traded Wirecard shares as it edged towards collapse

14 Aug 2020

FRANKFURT German regulatory officials bought and sold Wirecard shares in ever higher volumes as the payments company edged towards collapse, the German government has revealed, prompting fresh criticism of the agency that polices finance.

Germany’s long, lonely campaign: Battling Wirecard’s short sellers

16 Jul 2020

FRANKFURT German authorities pressed on for four years investigating investors who bet against Wirecard AG's shares, even after a UK regulator concluded that their evidence against the short sellers was "not sufficient," according to documents and people familiar with the matter.

Epstein red flags, Russian models land Deutsche Bank $150 million fine

07 Jul 2020

NEW YORK/FRANKFURT Deutsche Bank will pay a $150 million fine from a New York regulator for allowing disgraced financier Jeffrey Epstein to make payments to Russian models and withdraw suspicious amounts of cash during five years as a client. | Video

Who's to blame for Wirecard? Germany passes the buck

03 Jul 2020

FRANKFURT Germany's accountancy watchdog has denied blame for failing to spot problems at collapsed payments firm Wirecard , the latest in a string of agencies to shirk responsibility following the country's biggest accounting scandal.

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