Raid news and trends

Facebook Ireland Holds Up Dating Feature Over Regulator GDPR Compliance Concerns
Facebook // February 12, 2020

Facebook Ireland put its planned dating feature on hold following a raid by the Irish Data Protection Commission (DPC) on Wednesday (Feb. 12), according to reports. The DPC — which acts as the regulator for all of Europe — searched the social media giant’s offices in...

Deutsche Bank Denies Merger With UBS, Commerzbank
Partnerships / Acquisitions // December 02, 2018

Deutsche Bank is not concerned it will be a takeover target despite a steep sell-off in its stock late last week after a two-day raid of its offices as part of a money laundering investigation. Reuters, citing Christian Sewing, the chief executive of Deutsche Bank,...

Quick Reads
Police Raid Wirecard’s Offices In Two Countries

July 01, 2020
A team of investigators raided Wirecard AG’s offices in two countries as part of the probe into the 1.9 billion euros ($2.1 billion) that went missing from the payments company’s accounts, Bloomberg News reported. According to the report, a dozen Munich prosecutors and 33 police officers searched the company’s headquarters in Aschheim, Germany and two offices […]

Facebook Ireland Holds Up Dating Feature Over Regulator GDPR Compliance Concerns

February 12, 2020
Facebook Ireland put its planned dating feature on hold following a raid by the Irish Data Protection Commission (DPC) on Wednesday (Feb. 12), according to reports. The DPC — which acts...

Deutsche Bank Denies Merger With UBS, Commerzbank

December 02, 2018
Deutsche Bank is not concerned it will be a takeover target despite a steep sell-off in its stock late last week after a two-day raid of its offices as part...