Tag: Banking Supervision
Collapsed SVB: Broke bank paid out bonuses at the last minute
Collapsed SVB Broke bank paid out bonuses at the last minute 3/12/2023 1:24 am On Wednesday evening, the Silicon Valley Bank (SVB) reported a massive loss, the next day the…
Stock exchanges unsettled worldwide: Authorities close US bank after high losses
updates Stock exchanges unsettled worldwide Authorities close US bank after huge losses 03/10/2023 5:41 p.m The American Silicon Valley Bank reports a loss – and thus pulls the prices of…
People of the week: Max and Valentin make nine billion
Tuesday, October 26, 2021 People of the week Max and Valentin just make nine billion By Wolfram Weimer Two Austrians set up a digital smartphone bank with N26. It is…
“Political review” planned: China puts banking sector on the curb
Tuesday, October 12, 2021 “Political review” planned China is putting the banking sector on the curb The Chinese Communist Party repeatedly starts campaigns against corruption. Now it is again the…
Suspected balance sheet manipulation: Bafin closes Greensill Bank
Wednesday, March 03, 2021 Suspected balance sheet manipulation Bafin closes Greensill Bank The Bafin pulls the rip cord at Greensill Bank. Due to the threat of over-indebtedness, the financial supervisory…