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2 weeks ago | 
boersen-zeitung.de | Anna Sleegers
For a while, people in Frankfurt's banking district had the impression that the drug dealers in the neighbouring railway station district had expanded their territory. Hardly a week went by without a police raid. But what was understandable in the case of the cum-ex transactions (though they were often difficult to prove), seemed strange in the case of the greenwashing allegations against DWS. After almost three years, the public prosecutor's office has now ended its investigation, with a fine.
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3 weeks ago | 
boersen-zeitung.de | Anna Sleegers
The disruption of the financial system through crypto technology is in full swing. The high-ranking experts who discussed the opportunities and risks of the new technology at the Crypto Assets Conference at the Frankfurt School of Finance & Management last week agreed on this point. Their hopes for blockchain technology naturally depended on the perspective related to their role.
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3 weeks ago | 
boersen-zeitung.de | Anna Sleegers
Press conferences, especially spontaneously convened ones, have become rarer since the coronavirus pandemic. It therefore felt a bit like travelling in a time machine when ABN Amro announced the takeover of Hauck Aufhäuser Lampe (HAL), which had only been announced a few hours earlier, at its subsidiary Bethmann Bank last summer.
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1 month ago | 
boersen-zeitung.de | Anna Sleegers
With Merz's debt package, the Bundestag has passed a multi-year economic stimulus programme for the Landesbanken. Even if the agreement between the future coalition partners does not explicitly name their role, the planned investments in infrastructure and climate protection are part of the core business of the public-sector institutions.
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1 month ago | 
boersen-zeitung.de | Anna Sleegers
Federal Finance Minister Jörg Kukies (SPD) has spoken out in favour of a greater mobilisation of private capital for the expansion of defence budgets in the European Union. As with other European future themes such as maintaining competitiveness in the field of artificial intelligence, or the renovation of the rail network, the majority of investments must be financed by the private sector, he said at the Börsen-Zeitung Finanzplatztag.
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1 month ago | 
boersen-zeitung.de | Anna Sleegers
The urgently needed consolidation of the European capital markets requires a change in mentality among the population. This was the conclusion reached by a prominent panel at Börsen-Zeitung's Finanzplatztag earlier this week. Deutsche Börse CEO Stephan Leithner had little positive to report about the investment behaviour of Europeans in general – and Germans in particular. „The money is there,“ Leithner stated.
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1 month ago | 
boersen-zeitung.de | Anna Sleegers
All's fair in love and war, as the saying goes. Accordingly, there was a great sense of relief when Commerzbank CEO Bettina Orlopp quickly made it clear that she would not respond to Unicredit’s advances with a poison pill. The former McKinsey partner is strategic enough to know how harmful it would be to make acquisitions just to deter a potential buyer. And she is ambitious enough to want to defend Commerzbank’s independence on her own terms.
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1 month ago | 
boersen-zeitung.de | Anna Sleegers
Sascha Uebel, the new Chairman of the Works Council and Deputy Chairman of the Supervisory Board of Commerzbank, has reaffirmed the employees' resistance to a takeover by Unicredit. In a dpa interview, the 49-year-old announced that he would put as many obstacles as possible in the way of the Italians, as „painful“ job cuts are implemented. The transformation agreement concluded with the Management Board is valid until 30 June 2028. „There is nothing Andrea Orcel can do about it,“ said Uebel.
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1 month ago | 
boersen-zeitung.de | Anna Sleegers
With impressive speed, Blackrock and other gold plated US addresses in the financial sector have trimmed their sails to the wind now blowing from a different direction. Climate change? Conservation of biodiversity? Human rights? All water under the bridge. To avoid falling out of favour after the change of government in the USA, they have abandoned these goals virtually overnight. The shockwaves that US President Donald Trump and his dubious advisors are sending out to Europe can make one shudder.
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2 months ago | 
boersen-zeitung.de | Anna Sleegers
The rumours had been circulating for some time, and now it’s official. In an effort to counter UniCredit CEO Andrea Orcel’s ambitious return targets, Commerzbank is once again cutting thousands of jobs. A total of 3,900 positions will be eliminated by the end of 2027, most of them in Germany. By 2028, the bank aims to reduce its cost-income ratio to a competitive 50% and achieve a return on equity of 15%. And the employee representatives?
