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REVEALED: Bafin | Vintage Vibes

TikTok's finfluencers: How reliable is the financial advice reaching young investors?

Young people are increasingly turning to social media for financial information and advice, amid a sea of dubious tips. What do experts say are the warning signs to watch out for?

Germany formally rejects UniCredit's €39bn Commerzbank offer

Germany formally rejects UniCredit's €39bn Commerzbank offer

Germany has officially rejected UniCredit's offer for Commerzbank and said it supports the lender's independence.

Germany fines JPMorgan €45 million for anti-money-laundering failings

Germany fines JPMorgan €45 million for anti-money-laundering failings

Germany’s financial watchdog BaFin has imposed a record fine on JPMorgan for systemic failings in its anti-money-laundering controls.

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SVB collapse: Startup ecosystem may have more trouble finding loans

The likes of HSBC may be less amenable to out-there ideas.

Germany Issues Fresh Warning to Banks of Cyber Attacks Due to Ukraine War

The German financial regulator BaFin issued a fresh cyber security warning on Tuesday to the nation's financial sector due to the war in Ukraine following a recent increase in cyber attacks. BaFin has repeatedly warned about cyber attacks but Tuesday's security notice marks an escalation of its concerns. "In recent…

Asharq Al-Awsat

Here's Why US Is Probing Deutsche Bank, Other Banks

Deutsche Bank AG (NYSE:DB) is among several investment banks included in a comprehensive industry-wide U.S. regulatory probe, Bloomberg reports. The investigation determines the degree of employee reliance on private communication channels like Meta Platforms Inc (NASDAQ:FB) WhatsApp to conduct business. Deutsche Bank tested new software to improve its ability to archive messages and has…

If You Can't Beat Them, Join Them: German Banking Giant Commerzbank Applies For Crypto License

One of Germany's top banking institutions, Commerzbank (OTC: CRZBF), confirmed it did indeed apply for a local cryptocurrency license earlier in 2022 so it could legally offer services for people interested in cryptocurrencies such as Bitcoin (CRYPTO:

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