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...The glitch raises new questions over the bank’s internal communications and workflow systems as chief executive Christian Sewing scrambles to sort out flaws in the way its German retail customers are treated...
...Their most notorious hacking operations include the theft of $951mn from Bangladesh’s central bank, and the WannaCry ransomware attack on the UK’s National Health Service in 2017....
...While AliExpress has said it will spend Won10bn over three years to screen for counterfeits using artificial intelligence, many South Korean consumers still only trust the Chinese platforms for a limited...
...The Bank of Korea estimated that growth would recover to 2.1 per cent this year but many economists have issued warnings about the country’s long-term growth prospects....
...They are commonly used by hedge funds to build positions in companies and are typically facilitated by big banks....
...Bank of England governor Andrew Bailey this week told university students that the low valuations of UK banks puzzles him....
...“It was a very, very strong quarter,” said Christian Bolu, banking analyst at Autonomous Research....
...Since then, it has suffered from a sell-off in growth companies prompted by aggressive interest rate rises from central banks to fight inflation....
...“North Korea is clearly demonstrating that it has no will to abide by the [military agreement] designed to reduce military tension on the Korean peninsula and to build trust,” South Korean Prime Minister...
...Stockings have complex associations, from the sexual to the sinister, worn by Mrs Robinson in The Graduate and also by movie bank robbers....
...The basic trust is destroyed.”...
...“North Korea is clearly demonstrating that it has no will to abide by the [military agreement] designed to reduce military tension on the Korean peninsula and to build trust,” said South Korean Prime Minister...
...The Bank of Korea kept its benchmark interest rate unchanged at 3.5 per cent on Thursday, with members of the central bank’s monetary policy board unanimously assessing that rates have hit their peak....
...Fostering transparency and trust requires the effective prevention of greenwashing. And we need to make sure that requirements are manageable....
...National Trust Woman will not be easily won over....
...The Perella Weinberg banker died by suicide days after police raided the bank’s offices and his home in London early last year....
...But Christian Lindner, finance minister and leader of the smallest party in Scholz’s coalition, the fiscally hawkish Free Democrats (FDP), rejects any changes to the debt brake and instead wants to see big...
...The bank missed a pledge by chief executive Christian Sewing to fix the issues by the end of 2023 as it discovered thousands of forgotten and unresolved complaints months after starting to remedy the problems...
...Bank of China and Industrial and Commercial Bank of China are part of a group of lenders involved in a stand-off over debt at Thames Water’s parent company....
...The company’s main creditor Korea Development Bank said on Friday that Taeyoung E&C, a subsidiary of the Taeyoung Group, applied for a debt workout last month with creditors, raising fears of a repeat of...
...Christian Lindner told the World Economic Forum in Davos that “Germany is not the sick man” of Europe, as some have argued after its economy contracted 0.3 per cent last year and analysts warned it was likely...
...Regulators added that they were setting up a task force to investigate illegal short selling practices by “about 10” international banks....
...Germany’s financial watchdog has threatened to fine Deutsche Bank after the lender failed to fix flaws in its anti-money laundering controls, in the latest setback for chief executive Christian Sewing....
...But that was before inflation took off and the Bank of England introduced a succession of interest rate rises....
...Ermotti’s total pay also dwarfs the awards of chief executives at other major European banks, including Christian Sewing of Deutsche Bank, who was paid €8.9mn last year, and Andrea Orcel of UniCredit, whose...
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