As you probably know, Premium hasn’t been forgiving as far as German regulator BaFin’s inaction is concerned (our previous coverage is here), particularly with regard to its, erm, “management” of rapid movements in the shares of Hapag-Lloyd.

Yet right ahead of Xmas the Financial Times did much better than us, duly reporting on BaFin’s multiple deficiencies elsewhere (the much-advertised Wirecard fraud) as the German carrier – gotta love the coincidence, narrative here – had embarked on another formidable run on the stock exchange.

Its ...

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