investigation

Danske Bank Ordered To Shut Down Estonian Branch
Danske Bank Ordered To Shut Down Estonian Branch
February 19, 2019  |  Security & Fraud

Danske Bank was ordered by Estonia to shutter its local branch at the center of a money-laundering scandal, and has been given only a few...

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Watchdog Orders Deutsche Bank To Review Policies Post-AML Scandal
Watchdog Orders Deutsche Bank To Review Policies Post-AML Scandal
February 15, 2019  |  Security & Fraud

Bafin, the German financial watchdog that is monitoring Deutsche Bank’s involvement in the Danske Bank money laundering scandal, has asked the bank to review some...

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Wirecard Sues ‘Financial Times’ For Defamation
Wirecard Sues ‘Financial Times’ For Defamation
February 08, 2019  |  Security & Fraud

German payments company Wirecard saw its shares drop 10 percent on Friday (Feb. 8) following a raid by Singapore police on its offices there, according...

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Wirecard Shares Plummet After New Round Of Allegations
Wirecard Shares Plummet After New Round Of Allegations
February 01, 2019  |  Security & Fraud

Wirecard’s shares fell 28 percent on Friday (Feb. 1) after a report in the Financial Times alleged that a law firm hired by the payments company found...

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BaFin Investigates Possible Mkt Manipulation Related To Wirecard Share Drop
BaFin Investigates Possible Mkt Manipulation Related To Wirecard Share Drop
February 01, 2019  |  Security & Fraud

The German financial regulator has opened a preliminary investigation into possible market manipulation after a report on alleged misconduct at Wirecard led to a drop in...

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StanChart Hit With $40M Fine For Transaction Rigging
StanChart Hit With $40M Fine For Transaction Rigging
January 30, 2019  |  Regulation

The New York Department of Financial Services (DFS) announced it has fined Standard Chartered $40 million for attempting to rig transactions in foreign exchange (FX) markets...

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Twitter Data Breach Prompts GDPR Investigation
Twitter Data Breach Prompts GDPR Investigation
January 25, 2019  |  Security & Fraud

The Irish Data Protection Commissioner (DPC) is Twitter’s lead regulator in the European Union. On Friday (Jan. 25), the DPC said it was again looking...

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Banker’s ‘Half Dozen’ To Testify Before Congress This Spring
Banker’s ‘Half Dozen’ To Testify Before Congress This Spring
January 25, 2019  |  Banking

Call it a reunion of sorts, a gathering of banking execs not seen since the less-than-heady days of the financial crisis a decade ago. Get...

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Deutsche Bank Draws Bipartisan Inquiry Over AML
Deutsche Bank Draws Bipartisan Inquiry Over AML
January 24, 2019  |  Security & Fraud

Congressional leaders on both sides of the aisle are looking for answers about money laundering issues at Deutsche Bank, especially after reports that its U.S....

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