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1 month ago | 
boersen-zeitung.de | Carsten Steevens
For the second time since Lars Brzoska succeeded Hans-Georg Frey as CEO of Jungheinrich in September 2019, the family-dominated intralogistics group from Hamburg has presented guidelines for the coming years. The new „Strategy 2030+“ which was approved by the Supervisory Board at its meeting on 26 September last year, will build on the strategy presented in November 2020 during the coronavirus pandemic.
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2 months ago | 
boersen-zeitung.de | Carsten Steevens
Mr. Popelier, after nearly three decades with the Belgian financial group KBC, why did you decide to move to Hamburg Commercial Bank and take over as CEO? I was fascinated by the restructuring and transformation of the bank in recent years. That motivated me to move to another institution in a different country. HCOB, which I’ve gotten to know more closely in recent months, is a very strong bank with great people and a lot of expertise. In which areas?
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2 months ago | 
boersen-zeitung.de | Carsten Steevens
On 28 July 2023, Encavis' 25th anniversary on the stock exchange was celebrated at the Frankfurt trading floor of Deutsche Börse. The stock market presence of the Hamburg-based company, which was founded in 2001 as Capital Stage AG through the contribution of Futura Capitalis' investments to HWAG Hanseatisches Wertpapierhandelshaus AG, which has been listed on the stock exchange since 1998, is now history.
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2 months ago | 
boersen-zeitung.de | Carsten Steevens
Dax constituent Continental is planning to spin off units and move back to being a tyre manufacturer. Following the announcement that it will list the automotive supplier business on the Frankfurt Stock Exchange later this year, the Hanover-based company also wants to sell materials division Contitech.
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2 months ago | 
boersen-zeitung.de | Carsten Steevens
After a 50% decline in business in China last year, medical and safety technology company Drägerwerk is adjusting to a permanently reduced importance of the Chinese market. „It was our third most important country after Germany and the US, but that is no longer the case“, said CEO Stefan Dräger during the annual financial press conference. He expects a lasting loss of importance of the market.
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2 months ago | 
boersen-zeitung.de | Carsten Steevens
The search for a new investor for Hamburg-based private bank M.M. Warburg, which has been heavily criticised in the wake of the cum-ex tax scandal in recent years, is dragging on. A structured sales process that has been running since 2024, for which the bank's shareholders mandated the investment bank Perella Weinberg and the law firm Latham & Watkins, has remained unsuccessful as of the end of March. The process is currently paused, the bank said in response to an enquiry.
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2 months ago | 
boersen-zeitung.de | Carsten Steevens |Gesche Wüpper |Christoph Ruhkamp
The French co-operative bank Crédit Mutuel Alliance Fédérale is taking over Oldenburgische Landesbank (OLB) via its subsidiary Targo Deutschland. The previous owners of OLB, led by US private equity firm Apollo, decided against an IPO, which had been rumoured for several years. There had been speculation about an IPO coming in April. Plans for an IPO fell through in 2022 and 2023 due to weak market conditions.
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2 months ago | 
boersen-zeitung.de | Carsten Steevens
Mr. Auerbach, Nord/LB has been working on implementing an IT project for a new bank management system since 2023. What is the current status? Our bank management project „Fitt“ aims to modernize and future-proof the core of the bank – management in the areas of accounting, regulatory reporting, and risk control – by 2026. A key goal is to continue meeting regulatory requirements, particularly BCBS 239.
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Feb 26, 2025 | 
boersen-zeitung.de | Carsten Steevens
Mr. Dohler, a new president has taken office in the US who supports fossil fuels. The EU is scaling back parts of the Green Deal. In Germany, a chancellor who is not considered a supporter of wind turbines will soon be in power. What does this mean for the energy transition? First, it is important to note that the goal of climate neutrality in Germany and the European Union remains in place. In the EU, the target is set for 2050.
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Feb 18, 2025 | 
boersen-zeitung.de | Carsten Steevens
The German economy shrank for a second consecutive year in 2024. The last time there were two years of recession in a row was in 2002/2003. According to the Federal Statistical Office, economic and structural burdens hindered better economic development last year. The authority attributes the decline in economic output to increasing competition for the German export industry in important sales markets, high energy costs, persistently high interest rates, and an uncertain economic outlook.
