Economy

Wirecard: a regulator accused of insider trading

The German financial market supervisory authority filed a complaint against one of its employees. He would have speculated on products linked to Wirecard, on the eve of the bankruptcy of the payments specialist. Splashed by the Wirecard scandal, the German financial policeman is cleaning up. The “BaFin” filed a complaint with the Stuttgart prosecutor’s office […]

Bank – Insurance

Brexit: discussions will get to the heart of financial services

Finance was largely pulled out of the trade deal signed on December 24 between the UK and the European Union. The two sides want to agree a memorandum of understanding by March. Barely signed the Brexit agreement between the European Union (EU) and Great Britain, the two camps are preparing to open discussions on a […]

Economy

GameStop: How Individuals Imitated Financial Pros

The stock market revolt against Wall Street caught the professionals by surprise. The arrival of “low cost” trading platforms like Robinhood and the payment of government aid provided the ideal breeding ground. But individuals have only seized the tools long used by professionals. No one on Wall Street saw the blow coming. Thousands of individual […]

Economy

Wirecard: Felix Hufeld, boss of the German financial policeman, resigns

German Finance Minister Olaf Scholz has announced the resignation of the head of the financial supervisory authority. A decision that comes after the cascading revelations on the Wirecard file. BaFin will undergo a major reform. After the cascading revelations about the scale of the Wirecard scandal, the situation was no longer tenable: Felix Hufeld, the […]