US President Donald Trump has long been a critic of the banking regulations introduced as part of the Dodd-Frank act in 2010. He’s already scrapped some rules for small and medium lenders. But could there be more deregulation to come?
Short sellers have been hounding the share price of one Germany's biggest financial technology companies in recent weeks. German and European regulators said they feared contagion.
The European Banking Authority (EBA) has published results of a stress test it ran on major lenders from the EU and Norway, showing that a clutch of British banks and two lenders from Italy fared worst.
The EU has fined Mastercard €570 million for limiting competition between banks offering cheaper payment fees. The European Commission said Mastercard's actions harmed consumers and retailers in the bloc.
Germany's flagship lender returned to profit in 2018, its first in four years, despite a loss in the fourth quarter. The bank has recently been hit by a range of scandals, including allegations of money laundering.
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