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2 days ago | 
bloomberg.com | Swetha Gopinath |Pablo Mayo Cerqueiro |Arno Schütze
The trading floor at the Frankfurt Stock Exchange, operated by Deutsche Boerse AG, in Frankfurt in 2023. (Bloomberg) -- Deutsche Boerse AG has added more banks to a potential $1 billion initial public offering of its governance data and analytics unit ISS Stoxx, according to people familiar with the matter, as it weighs whether to list a stake held by a private equity firm or buy it back.
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1 week ago | 
delfi.lt | Claudia Cohen |Nicholas Comfort |Arno Schütze
okie skolintojai kaip „BNP Paribas“, „Commerzbank“, „Deutsche Bank“ ir „Societe Generale“ iš visų jėgų stengiasi pabrėžti savo ryšius su gynybos bendrovėmis. Anksčiau bankai noriai akcentuodavo savo pasiekimus aplinkosaugos srityje, o dabar viešai skelbia apie savo svarbų vaidmenį ginkluojant Europą.
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2 weeks ago | 
bloomberg.com | Claudia Cohen |Nicholas Comfort |Arno Schütze
Germany is home to Rheinmetall AG, a producer of tanks. (Bloomberg) -- Europe’s banks used to chafe at working with weapons manufacturers. Within just a few months, those business relationships have become a badge of honor. Lenders including BNP Paribas SA, Commerzbank AG, Deutsche Bank AG and Societe Generale SA have been going out of their way to highlight their links to defense companies.
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2 weeks ago | 
bloomberg.com | Kamil Kowalcze |Arno Schütze
German Chancellor Friedrich Merz (Bloomberg) -- German Chancellor Friedrich Merz reaffirmed he wants Commerzbank AG to remain independent and opposes a takeover by the Italian lender UniCredit SpA. The German government is committed to “a strong and independent Commerzbank,” Merz said in a written response to the leaders of the bank’s works council that was published by the body’s head, Sascha Uebel, on LinkedIn on Tuesday.
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3 weeks ago | 
bloomberg.com | Arno Schütze |Anna Irrera
The headquarters of Deutsche Bank in Frankfurt. (Bloomberg) -- Deutsche Bank AG is examining stablecoins and different forms of tokenized deposits, as large financial institutions grow more confident expanding in the digital-asset sector. Germany’s largest lender is evaluating stablecoin options, which could include issuing its own token or joining an industrywide initiative, Sabih Behzad, Deutsche Bank’s head of digital assets and currencies transformation, said in an interview.
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3 weeks ago | 
news.bloomberglaw.com | Eyk Henning |Arno Schütze |Crystal Tse
German digital bank N26 is considering a new funding round at a reduced valuation that could allow some of its existing investors including Coatue Management, Third Pointand Dragoneer Investmentto recoup part of their investment, people familiar with the matter said. The Series F funding round being contemplated by N26 would let the existing investors sell part of their stakes, according to the people.
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3 weeks ago | 
news.bloomberglaw.com | Aaron Kirchfeld |Yazhou Sun |Arno Schütze
Destinus, a drone company founded by a former Russian national that supplies weapons to Ukraine, is in talks to raise funds that would value the firm at as much as €1.5 billion ($1.7 billion), according to people familiar with the matter. The company is holding talks with new and existing investors to sell a minority stake for as much as €100 million, said the people, who asked not to be identified because discussions are private.
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3 weeks ago | 
amwatch.com | Leonard Kehnscherper |Silas Brown |Arno Schütze |Stephan Kahl
Allianz SE is in talks to buy European credit manager Capital Four, people with knowledge of the negotiations said, according to Bloomberg. By Leonard Kehnscherper, Silas Brown, Arno Schütze and Stephan Kahl / BloombergGerman insurer Allianz SE is holding preliminary discussions with Capital Four, the people said, asking not to be identified because the information is private. The talks could still be delayed or fall apart, the people added.
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3 weeks ago | 
bloomberg.com | Eyk Henning |Arno Schütze |Crystal Tse
German internet bank N26 advertisement in Berlin in 2021. (Bloomberg) -- German digital bank N26 is considering a new funding round at a reduced valuation that could allow some of its existing investors including Coatue Management, Third Point and Dragoneer Investment to recoup part of their investment, people familiar with the matter said. The Series F funding round being contemplated by N26 would let the existing investors sell part of their stakes, according to the people.
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1 month ago | 
bloomberg.com | Esteban Duarte |Arno Schütze
A Deutsche Bank AG bank branch in Berlin, Germany, on Wednesday, July 24, 2024. Deutsche Bank AG said it will most likely refrain from conducting a second share buyback this year, after suffering its first quarterly loss in four years. (Bloomberg) -- Deutsche Bank AG is selling a significant risk transfer linked to a portfolio of $3 billion in corporate loans, according to people with knowledge of the matter, the latest deal to drive this market toward record volumes this year.
