Tag: Deutsche Bank

Deutsche Bank has revealed its Frankfurt headquarters were recently raided by German prosecutors in link to a money laundering probe.

Deutsche Bank has been fined €8.6m by BaFin due to weaknesses relating to controls of Euribor, the Euro Interbank Offered Rate benchmark used in the financial industry.

As another challenging year comes to an end, the task for organisations to remain compliant in new working environments is still ongoing. Despite firm efforts by many to avoid penalties, some institutions were unable to duck fines last year. Here are the top five compliance failure fines from the year of 2021.

Deutsche Bank and Fiserv have collaborated to create a comprehensive provider of payment acceptance and banking solutions in the German market.

Digital insurance startup Wefox raised $650m in a post-money valuation of $3bn led by Target Global.

Deutsche Bank has revealed it is establishing an environmental, social and governance (ESG) Centre of Excellence (COE) in Singapore.

Banking giant Deutsche Bank teamed up with NL-based Silverflow to launch new payment solutions for corporate banking clients in Germany and PSPs across Europe and the US.

German financial regulator BaFin has told banking giant Deutsche Bank it needs to introduce stronger action on money laundering.

Dublin-based We.Trade, which offers a blockchain-enabled trade finance platform, has reportedly collected €5.5m in funding.

Financial market infrastructure platform Axoni has closed a $31m funding round from a wave of new strategic investors.