Mark Branson, the head of Switzerland’s financial markets regulator FINMA, is to be named the new President of German financial watchdog BaFin, German daily Handelsblatt reported on Monday, citing government sources. Current president Felix Hufeld is leaving BaFin at the end of the month after coming under pressure for failing to spot wrongdoing ahead of the collapse of the payments company Wirecard. FINMA declined to comment. BaFin was not immediately available for comment. -Reuters Share this: Share on X (Opens in new window) X Share on Facebook (Opens in new window) Facebook Share on LinkedIn (Opens in new window) LinkedIn Share on WhatsApp (Opens in new window) WhatsApp Share on Telegram (Opens in new window) Telegram Like this:Like Loading… Related Post navigation COVID-19 Has Opened New Opportunities In Digital Economy In Africa — ECA ByteDance Acquires Gaming Studio Moonton At Around $4 Billion Valuation: Sources