Germany's financial regulator, BaFin, has removed a cap on the number of new customers that digital bank N26 can onboard, effective June 1.| Financial and Business News | Finance Magnates
The BaFin has announced a proceeding against N26 Bank AG due to deficiencies in reporting suspicious activities in 2022.| Financial and Business News | Finance Magnates
Jan Stechele, Chief Regulatory Officer at N26, will step down from his position at the end of the third quarter of 2024.| Financial and Business News | Finance Magnates
N26 co-founder Valentin Stalf will step down as chief executive and join the German digital bank’s supervisory board. The move follows tensions between investors and the bank’s founders. The decision comes shortly after BaFin, Germany’s financial regulator, raised fresh concerns about N26. Last month, the watchdog threatened new sanctions against the company. N26, which has more than 200,000 customers in Ireland, has faced repeated regulatory challenges in recent years. Investor Talks S...| Executives – Finance Magnates | Financial and business news
