5 stories tagged #BaFin

  1. Wirecard Whistleblower’s Mother Preserved Evidence That Exposed €1.9 Billion Fraud
    world

    Wirecard Whistleblower’s Mother Preserved Evidence That Exposed €1.9 Billion Fraud

    Sokhbir Kaur saved critical evidence of Wirecard’s accounting fraud when her son, lawyer Pav Gill, was silenced. Her intervention exposed the missing €1.9 billion and toppled Europe’s fintech giant.

    4d ago 2 min read
  2. BitGo Authorizes $50 Million Buyback as Shares Remain 65% Below IPO Price
    crypto

    BitGo Authorizes $50 Million Buyback as Shares Remain 65% Below IPO Price

    BitGo stock surged 20% following a $50 million share repurchase announcement, though shares remain significantly below their January IPO price amid broader digital asset market headwinds.

    5d ago 1 min read
  3. Berlin Blocks UniCredit's €39 Billion Hostile Play for Commerzbank
    finance

    Berlin Blocks UniCredit's €39 Billion Hostile Play for Commerzbank

    The German government formally rejected UniCredit's unsolicited takeover bid, prioritizing the independence of the nation's key lender to the Mittelstand.

    last wk. 1 min read
  4. Wirecard’s $2.1 Billion Phantom Cash: How Philippine Banks Exposed Germany’s Biggest Fintech Fraud
    finance

    Wirecard’s $2.1 Billion Phantom Cash: How Philippine Banks Exposed Germany’s Biggest Fintech Fraud

    BDO Unibank and BPI confirmed Wirecard’s missing €1.9 billion never existed, exposing forged documents, regulatory failures, and a massive fintech collapse.

    last wk. 2 min read
  5. German Regulator BaFin Warns of 'Substantial' AI Cyber Risks, Launches Targeted Inspections
    finance

    German Regulator BaFin Warns of 'Substantial' AI Cyber Risks, Launches Targeted Inspections

    Germany's top financial watchdog announces new division for 'spotlight inspections' amid growing AI cyber threats to banks.

    last mo. 1 min read