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Deutsche Bank's Frankfurt HQ searched in Panama Papers probe

Thursday, November 29, 2018, 8:01 PM

Deutsche Bank AG's premises, including its headquarters in Frankfurt were being searched by prosecutors in a money laundering probe, prosecutors said in a statement. Two bank employees, aged 50 and 46, were targeted as suspects in the case, according to the statement. Prosecutors said about 170 officials and police were involved in the raids. Deutsche Bank shares fell as much as 4.7% on Xetra.
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Goldman Sachs CEO personally outraged by 1MDB scandal

Friday, November 16, 2018, 8:36 AM

David Solomon had a message for Goldman Sachs Group Inc. employees shaken by the firm's involvement in a multibillion 1MDB scandal: this isn't us. "I am personally outraged that any employee of the firm would undertake the actions spelled out in the governments pleadings," the firm's chief executive officer said in a voicemail left with employees.
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Hacking of banking data from sold smartphones is easy: Stellar

Wednesday, August 29, 2018, 6:38 PM

At a time when hacking of banking data shows a sharp rise, retrieving your banking details from sold smartphones is a child's play. "When you sell or exchange your smartphones even after pressing factory reset doesn't erase your crucial data and those can be easily recovered unless it's done permanently by specialized software," data product firm Stellar's Co-Founder Director Manoj Dhingra said.

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