VENTURE CAPITAL POST

BaFin has imposed an embargo on Sunday shunning all transactions of Maple Bank. The embargo comes followed by investigations by the regulator on the allegation of tax dodging. However, National Bank of Canada, the parent organization of Maple Financial Group pledges for repatriation of the dividends taken from Maple, if proves guilty.

Investigators at German financial watchdog Bafin have not discovered any signs of systemic efforts to manipulate currency benchmarks, rather, only individual efforts, banking supervisory head Raimund Roeseler said in a newspaper interview on Tuesday.

Banking regulator banking asked the European Central bank for details on what qualifies as debt.

BaFin had said they would review the whole transaction of RHJI purchase of BHF Bank.

RHJ International had said that Germany's banking regulator would probably give its decision on its planned acquisition of BHF-Bank by September's end.

A newspaper reported that German regulator BaFin probed Deutsche Bank over its anti-money laundering control.

Sources told Reuters BaFin gave investors interested in buying BHF-Bank until the end of August to give the information it needs to approve the sale or not.