English | Financial news with a German perspective

In the interview, the President of the regional Federal Reserve Bank of San Francisco, Mary Daly, discusses the fight against inflation, further interest rate steps, the reduction of the Fed's balance sheet, and the future monetary policy.

For the coalition, it's still a long way from a Black Friday. It's all about hunting for bargains in the budget planning for 2024. The key question: Where can things still be made cheaper?

The financial sector could, according to a compromise proposal at the EU level, remain unaffected by the Supply Chain Act. In the business sector, this is considered "completely unacceptable" because this could lead to stricter regulations for other companies in exchange.

Acquisitions, spin-offs, and new players: The German landscape for M&A and corporate finance advisors is reorganizing itself.

The future of the credit business will be characterized by a strong standardization of processes. The keyword is "one size fits all." Differentiation between banks will then occur in customer discussions, as stated at the 5th Credit Symposium by Börsen-Zeitung and PwC.

When the Agricultural Bank extends financing to farmers, the commercial banks transmit to it highly varied non-financial indicators about the ultimate borrowers. CEO Nikola Steinbock is currently exploring with banking associations and industry representatives how to standardize this dataset.

The board member at Amundi responsible for ESG issues, Jean-Jacques Barbéris, is lowering expectations for the climate conference. Nevertheless, UN meetings have an impact on the financial industry. He takes the discussion in the USA very seriously, as it signifies a setback for ESG.

Beyond Baden-Württemberg and Bavaria, German schools rarely provide practical financial knowledge. Various school initiatives from the finance industry can, at best, only partially solve the problem.

Aixtron is benefiting significantly from the growing e-mobility sector and the energy transition, where power electronics semiconductors are in demand. CFO Christian Danninger describes in the interview the future markets of the MDax corporation and explains why he does not believe in a hostile takeover.

The Future Financing Act of the Ampel Coalition is intended to make the German capital market more attractive and, above all, facilitate the path to the stock market for young growth companies. Capital market lawyers doubt that multiple voting rights shares can achieve much in this regard.

DWS is certain that there will be a resurgence in bonds by 2024. When it comes to the outlook for stocks, the question arises of whether central banks "can" or "must" lower interest rates again. Despite the fact that the Dax and European stocks are currently significantly more attractively valued than U.S. securities, positive news are needed to motivate investor demand.

The cap limit in the Dax will be raised from 10 to 15% on a second try. However, the fundamental deficit of the German stock market is not thereby eliminated.

Non-performing loans are seen as a looming threat, posing risks to both the economy and banks. However, despite inflation and economic uncertainties, the ratios have not yet shown an increase. Market participants are now anticipating a reversal of this trend.

The crisis in the office real estate market does not affect all cities equally. The statistics reveal significant differences in Germany.

Despite substantial increases in their stock prices this year, shares of U.S. tech giants, which are now regarded as "AI stocks," are still seen as inexpensive by experts. Nonetheless, Ben Laidler, Global Markets Strategist at eToro, expects that the robust outperformance of companies like Nvidia, Microsoft, Alphabet, and others in 2024 might not be sustained to the same degree as observed recently.

The financial sector is confronted with an increasing menace from geopolitical conflicts, cautions ECB banking supervisor Anneli Tuominen. She not only points out the danger of cyberattacks, but also the risks posed by disinformation campaigns. Banks have to enhance their readiness in the face of these challenges.

Commerzbank is launching the avatar "Ava" – artificial intelligence intended to change the customer experience. So far, its IQ appears to be quite limited.

The ECB is in a quandary: on the one hand, inflation is still too high despite a significant decline. On the other hand, there is a threat of recession. In this interview, ECB Governing Council member Pierre Wunsch assesses the situation and talks about the ECB's future course.

The Goethe University in Frankfurt offers a variety of options for people of all ages and interests. And then there's also the Volkshochschule.

For the success of the green transformation of the world economy, a sufficient supply of the industrial metal copper is essential. This poses a dilemma for market participants and governments.

FDIC Chief Martin Gruenberg is facing criticism. Allegations suggest that he did not take reports of his staff behaving in a sexist manner seriously. Instead, he supposedly unsettled female colleagues himself through outbursts of anger.

After the planned entry of the shipping company MSC into HHLA, the board of the Hamburg port logistics company is facing a restructuring. It is possible that Angela Titzrath will remain at the helm of the logistics giant. Her current contract expires in just under a year.