German giant failed to conduct required checks on 17 customers between 2012 and 2016

Regulator says the were involved in illegal operations

Delinquencies for subprime loans are approaching their pre-pandemic proportion

But MAS is building CBDC and sees some “promising use cases” for digital assets

Policy-makers “need to be realistic” about the feasibility of demand management, BIS chief says

Assets cannot be seized while US government does not recognise Taliban regime, judge says

German fund manager Allianz Global Investors is reportedly looking to form an asset management joint venture in mainland China.

Former HSBC China executive Ben Li has joined Deutsche Bank as China head of securities services.

European Union defense ministers, at a meeting in Prague, are looking to pave the way for the establishment of an EU training mission for Ukrainian forces, the bloc’s top diplomat Josep Borrell said as he arrived in the Czech capital on Tuesday.

Chinese authorities arrested 234 people linked to a banking scandal that triggered mass protests and violence earlier this year.