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1 week ago | 
news.bloomberglaw.com | Karin Matussek |Arno Schütze |Sonia Sirletti
UniCredit SpA cleared the final hurdle to build its minority position in Commerzbank after Germany’s antitrust regulator gave unconditional approval to the plan. “The minority acquisition will strengthen UniCredit’s market position in the private and corporate banking business in Germany. We have therefore taken a close look at the segments affected,” Andreas Mundt, head of the Federal Cartel Office, said in a statement on Monday.
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2 weeks ago | 
bloomberg.com | Kamil Kowalcze |Arno Schütze
Markus Soeder, Friedrich Merz, Lars Klingbeil, and Saskia Esken, arrive for a news conference in Berlin, on April 9. (Bloomberg) -- Germany’s new government plans to use roughly €2 billion ($2.2 billion) that banks paid into a rescue fund after the financial crisis to support small and medium-sized enterprises. The decision is part of a coalition deal sealed on Wednesday that paves the way for Friedrich Merz, the leader of Germany conservative CDU/CSU bloc, to become chancellor.
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2 weeks ago | 
bloomberglinea.com | Leonard Kehnscherper |Claudia Cohen |Max Abelson |Arno Schütze
Bloomberg — Esto no es lo que los financieros mundiales tenían en mente cuando apostaron por Trump 2.0.A menos de 100 días del inicio de la nueva Administración estadounidense, los banqueros, desde Wall Street hasta el Pudong de Shanghái y la City de Londres, se preparan para afrontar préstamos agriados, acuerdos cancelados, comisiones perdidas... y quizá amenazas a sus propios puestos de trabajo.
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2 weeks ago | 
dailyitem.com | Leonard Kehnscherper |Claudia Cohen |Max Abelson |Arno Schütze
This is not what global financiers had in mind when they placed their bets on Trump 2.0.Less than 100 days into the new US administration, bankers from Wall Street to Shanghai’s Pudong and the City of London are bracing for soured loans, canceled deals, forfeited fees — and perhaps threats to their own jobs. Credit markets are paralyzed, while mergers and initial stock offerings are being pulled amid fears of recession. kAmtG6CJ >2;@C &$ 32?< :D 5@H? 2E =62DE `aT E9:D >@?E9 2>:5 4@?46C?
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2 weeks ago | 
swoknews.com | Leonard Kehnscherper |Claudia Cohen |Max Abelson |Arno Schütze
This is not what global financiers had in mind when they placed their bets on Trump 2.0.Less than 100 days into the new US administration, bankers from Wall Street to Shanghai’s Pudong and the City of London are bracing for soured loans, canceled deals, forfeited fees — and perhaps threats to their own jobs. Credit markets are paralyzed, while mergers and initial stock offerings are being pulled amid fears of recession. kAmtG6CJ >2;@C &$ 32?< :D 5@H? 2E =62DE `aT E9:D >@?E9 2>:5 4@?46C?
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2 weeks ago | 
thederrick.com | Leonard Kehnscherper |Claudia Cohen |Max Abelson |Arno Schütze
This is not what global financiers had in mind when they placed their bets on Trump 2.0.Less than 100 days into the new US administration, bankers from Wall Street to Shanghai’s Pudong and the City of London are bracing for soured loans, canceled deals, forfeited fees — and perhaps threats to their own jobs. Credit markets are paralyzed, while mergers and initial stock offerings are being pulled amid fears of recession.
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2 weeks ago | 
arcamax.com | Leonard Kehnscherper |Claudia Cohen |Max Abelson |Arno Schütze
This is not what global financiers had in mind when they placed their bets on Trump 2.0.Less than 100 days into the new US administration, bankers from Wall Street to Shanghai’s Pudong and the City of London are bracing for soured loans, canceled deals, forfeited fees — and perhaps threats to their own jobs. Credit markets are paralyzed, while mergers and initial stock offerings are being pulled amid fears of recession.
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3 weeks ago | 
insurancejournal.com | Karin Matussek |Arno Schütze
Deutsche Bank AG’s investment arm DWS agreed to pay €25 million ($27 million) to end a long-running German investigation into alleged greenwashing, in a similar settlement to the one it struck with US regulators in 2023. DWS gave a false impression to the markets in its communications about sustainable finance, Frankfurt prosecutors said on Wednesday. The case looked into the same behavior that led to a $19 million penalty agreed with the US Securities and Exchange Commission, they added.
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3 weeks ago | 
claimsjournal.com | Karin Matussek |Arno Schütze
Deutsche Bank AG’s investment arm DWS agreed to pay €25 million ($27 million) to end a long-running German investigation into alleged greenwashing, in a similar settlement to the one it struck with U.S. regulators in 2023. DWS gave a false impression to the markets in its communications about sustainable finance, Frankfurt prosecutors said on Wednesday. The case looked into the same behavior that led to a $19 million penalty agreed with the U.S. Securities and Exchange Commission, they added.
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1 month ago | 
financialpost.com | Arno Schütze |Pablo Mayo Cerqueiro |Eyk Henning
BASF SE has selected banks to help arrange the potential listing of its agricultural chemicals division, people familiar with the matter said, as the German manufacturer forges ahead with its broader revamp. (Bloomberg) — BASF SE has selected banks to help arrange the potential listing of its agricultural chemicals division, people familiar with the matter said, as the German manufacturer forges ahead with its broader revamp. We apologize, but this video has failed to load.
