John O’Donnell
John O’Donnell
CRITIC
img-contested
N/A
0 reviews
PUBLIC
img-contested
N/A
0 reviews

RECENT ARTICLES

Sort by:
No Rating
How Germany considered rescuing Wirecard days before its doom

How Germany considered rescuing Wirecard days before its doom

By , FRANKFURT (Reuters) - The German government examined the possibility of bailing out Wirecard just three days before it collapsed, according to documents seen by Reuters showing that officials were blindsided by the country’s biggest post-war fraud scandal.The payment company filed for insolvency on June 25 last year, owing creditors almost $4 billion, after disclosing a 1.9 billion euro ($2.3 billion) hole in its accounts that its auditor EY said was the result of a sophisticated global fraud.The documents provide previously unreported details of the ministry’s exploration of using...

Mar 16
Share
Save
Review
No Rating
Analysis: Europe braces for pandemic reality to hit banks

Analysis: Europe braces for pandemic reality to hit banks

By FRANKFURT (Reuters) - Unpaid debt from pandemic-stricken borrowers has ravaged profits at Europe’s big banks and kick-started a debate among politicians about whether they may ultimately need state help.Reflecting on the pandemic impact, many bank executives say the worst is behind them, with Societe Generale CEO Frederic Oudea and BNP Paribas CEO Jean-Laurent Bonnafe predicting an imminent rebound.“Optimism is ... a weapon of war,” Philippe Brassac, chief executive of Credit Agricole said in January, decrying “doom-mongers”. “And this war, we can win.”All three French lenders saw...

Feb 17
Share
Save
Review
No Rating
Police seize $60 million of bitcoin! Now, where's the password?

Police seize $60 million of bitcoin! Now, where's the password?

By Slideshow FRANKFURT (Reuters) - German prosecutors have confiscated more than 50 million euros ($60 million) worth of bitcoin from a fraudster. There’s only one problem: they can’t unlock the money because he won’t give them the password.The man was sentenced to jail and has since served his term, maintaining his silence throughout while police made repeated failed efforts to crack the code to access more than 1,700 bitcoin, said a prosecutor in the Bavarian town of Kempten.“We asked him but he didn’t say,” prosecutor Sebastian Murer told Reuters on Friday. “Perhaps he doesn’t...

Feb 5
Share
Save
Review
No Rating
Exclusive: Tired of Trump, Deutsche Bank games ways to sever ties with the president - sources

Exclusive: Tired of Trump, Deutsche Bank games ways to sever ties with the president - sources

By , , NEW YORK/FRANKFURT (Reuters) - Deutsche Bank AG is looking for ways to end its relationship with President Donald Trump after the U.S. elections, as it tires of the negative publicity stemming from the ties, according to three senior bank officials with direct knowledge of the matter.Deutsche Bank has about $340 million in loans outstanding to the Trump Organization, the president’s umbrella group that is currently overseen by his two sons, according to filings made by Trump to the U.S. Office of Government Ethics in July and a senior source within the bank. The three loans, which...

+1
November 3, 2020
Share
Save
Review
  • Total 4 items
  • 1
OUTLETS
reuters.com

reuters.com

CRITIC
img-trusted
100%
PUBLIC
img-trusted
75%
google.com

google.com

CRITIC
img-contested
N/A
PUBLIC
img-contested
N/A