English | Financial news with a German perspective

BVR President Marija Kolak and Sparkassen President Ulrich Reuter are concerned about their institutional protection schemes. In a joint interview with Börsen-Zeitung, they appeal to the EU to uphold the principle of subsidiarity.

Jörg Hessenmüller is poised for a comeback: The former Commerzbank executive will become Chief Operating Officer of Standard Chartered Bank AG in Frankfurt. In the meantime, the banker worked as a senior consultant for Roland Berger.

Banks have put debt funds under pressure in the first quarter. While debt funds are still ahead in the LBO business, their lead is shrinking. Current research from Pitchbook shows why this is the case.

The volume business with combustion engines went well for German car manufacturers in the first quarter of 2024. However, sales in the top price range and for electric cars were poor. The situation only looks better for BMW.

Germany can only emerge from its economic slowdown through increased investment. However, many companies are avoiding it as a business location. An Ifo survey highlights the need for reforms, while a recent report from consultants Strategy& points to the dangers of continued deindustrialization.

EU Commissioner Margrethe Vestager is warning about the inflow of subsidized clean tech products from China into Europe. Her position is clear, but she also acknowledges the challenge in effectively addressing this issue.

Andreas Rickert emphasizes that Impact Investing isn't philanthropy. He is in the process of raising 800 million euros for six impact funds with Nixdorf Capital. In an interview with Börsen-Zeitung, Rickert elaborates on his strategy to integrate impact investing into the mainstream, with the assistance of Commerzbank.

Melanie Sack, Head of the Institute of Public Auditors in Germany, explains the role of the profession in ESG regulation and digitalisation – and what is changing in day-to-day business.

The die is cast: As FlatexDegiro anchor shareholder Bernd Förtsch explains to the Börsen-Zeitung, he will push for the replacement of CEO Frank Niehage at the Annual General Meeting.

The financial supervisory authority has set itself the task of protecting bank customers. Increasing consumer protection activities are rightly arousing suspicion in the financial sector.

Remarkable stock price advancements aren't exclusive to the other side of the Atlantic. There are also a select few European stocks that can rival the performance of the 'Magnificent Seven'. Goldman Sachs has assembled a portfolio of European frontrunners.

Tui CEO Sebastian Ebel looks back on a "good first half-year" from a business perspective, as he told the Börsen-Zeitung on the occasion of Tui's stock returning to the Prime Standard. At the same time, the company is noting a "stabilization in the shareholder base."

Bilfinger's Chief Financial Officer, Matti Jäkel, comments on the acquisition of Stork, plans for further acquisitions, the return to the MDax, and the financing of the industrial services provider.

Sudden departure: CEO Britta Giesen leaves Pfeiffer Vacuum with immediate effect, without a successor being announced. Remarkable is the prolonged duration of the contract.

More and more companies are sourcing their primary products not only from China, but also from other regions of the world. However, the de-risking process is slowing down, warns a study by the Munich-based Ifo Institute.

Niklas Östberg, CEO and co-founder of the food delivery service Delivery Hero, must brace himself for attacks from the activist Sachem Head from New York.

The European Championship trophy stops in Germany's football-business capital. There's still no sign of tournament atmosphere. Yet, fans would hope for an carefree football summer.

After years of crisis, Galeria wants to make a fresh start with the US investment company NRDC and the German entrepreneur Bernd Beetz. The investor agreement would include several dozen stores.

Initial investors in Thyssenkrupp Nucera shares are facing a 30% decline in value. However, Chief Financial Officer Arno Pfannschmidt prefers to attribute the reasons for the poor performance to external factors rather than internal ones.

Schott Pharma celebrated a successful stock market debut last year. The Börsen-Zeitung Corporate Finance Award in the IPO category went to the Mainz-based company.

Former Allianz manager Andreas Berger has emerged as a savior for the industrial insurance division, recommending himself for the CEO position of the Swiss Re Group. On July 1st, he will succeed the long-serving CEO Christian Mumenthaler.

Dorothee Blessing advances at J.P. Morgan, assuming a global role in investment banking. The German executive co-heads global coverage alongside Jay Horine.