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John O'Donnell

Former Wirecard boss Braun stonewalls German lawmakers' inquiry

Nov 19 2020

BERLIN/FRANKFURT Wirecard's former boss stonewalled questions from lawmakers on Thursday when he was temporarily released from jail for an inquiry into post-war Germany's biggest corporate fraud.

Analysis: Pandemic payment holidays mask wave of European problem debt

Nov 11 2020

FRANKFURT Pandemic payment breaks on European loans totalling billions of euros threaten to undermine efforts by the region's banks to put the coronavirus crisis behind them.

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

Nov 03 2020

NEW YORK/FRANKFURT 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. | Video

EU watchdog slams Germany for lapses in Wirecard fraud

Nov 03 2020

LONDON/FRANKFURT Germany failed to do enough to avert the Wirecard fraud, the European Union's markets watchdog said on Tuesday as it delivered a highly critical verdict on the country’s handling of its biggest post-war corporate scam.

Exclusive: Tired of Trump, Deutsche Bank wants out but sees no good options - sources

Nov 03 2020

NEW YORK/FRANKFURT 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.

Exclusive: ECB plots Amazon-style market to prevent Wall Street COVID debt swoop

Sep 23 2020

FRANKFURT/NEW YORK Europe is working on an Amazon-style website to sell hundreds of billions of euros of bank loans which have been soured by the coronavirus crisis, in a bid to shore up the economy and challenge the dominance of big Wall Street debt investors.

Scandals overshadow German vice chancellor as he bids to succeed Merkel

Sep 10 2020

FRANKFURT/BERLIN Germany's vice chancellor has come under renewed pressure from lawmakers over his handling of two financial scandals, hurting his chances of reviving his Social Democrats in the race to succeed Chancellor Angela Merkel next year.

Scandals overshadow German vice chancellor as he bids to succeed Merkel

Sep 10 2020

FRANKFURT/BERLIN Germany's vice chancellor has come under renewed pressure from lawmakers over his handling of two financial scandals, hurting his chances of reviving his Social Democrats in the race to succeed Chancellor Angela Merkel next year.

Scandals overshadow German vice chancellor as he bids to succeed Merkel

Sep 10 2020

FRANKFURT/BERLIN, Sept 10 Germany's vice chancellor has come under renewed pressure from lawmakers over his handling of two financial scandals, hurting his chances of reviving his Social Democrats in the race to succeed Chancellor Angela Merkel next year.

World News

Exclusive: Trump to add China's SMIC and CNOOC to defense blacklist - sources

The Trump administration is poised to add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to U.S. investors and escalating tensions with Beijing weeks before President-elect Joe Biden takes office.