Gesche Wüpper

Correspondent at Börsen-Zeitung

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Articles

French asset managers roll up Europe

1 week ago | boersen-zeitung.de | Gesche Wüpper

An announcement here, talks, rumours and speculation there. Europe's asset management industry is on the move. The consolidation that has been expected for years has picked up speed, driven by players from France. BNP Paribas AM (BNPP AM), for example, is in the process of finalising the takeover of Axa Investment Managers (Axa IM) for 5.4 billion euros by the middle of the year. Natixis Investment Managers (IM) and Generali Investments, in turn, announced a merger of equals in January.
OLB sold to Crédit Mutuel

1 month 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.
Mistral AI the superstar of the AI Action Summit in Paris

2 months ago | boersen-zeitung.de | Gesche Wüpper

A partnership here, a partnership there, plus a data centre and a cat: Mistral AI was the superstar of this week's Artificial Intelligence Action Summit in Paris. The French start-up, which is currently regarded as Europe's greatest hope for AI, has been dominating the headlines as it announced several new collaborations with well-known companies such as Iliad, Stellantis and Veolia Environnement. However, Mistral is not the only player in France to benefit from the AI Action Summit.
The lack of capital is Europe's biggest weakness

Jan 14, 2025 | boersen-zeitung.de | Heidi Rohde |Gesche Wüpper

Mr Boujnah, Europe is facing major challenges following the re-election of Donald Trump. Capital markets participants are assuming that a policy aimed at strengthening the US economy will also channel more capital to US stock exchanges, with the result that companies themselves will also move there. How can a European stock exchange operator counter this? The election of Donald Trump was a wake-up call for Europe.
BNP Paribas forms asset management giant

Aug 8, 2024 | boersen-zeitung.de | Gesche Wüpper

The consolidation of the asset management industry gains momentum with the planned sale of Axa Investment Managers (Axa IM) to BNP Paribas. The largest bank in the Eurozone aims to acquire the insurer's asset management division for 5.4 billion euros, thereby positioning itself as the number two in the European market, just behind Amundi. BNP Paribas announced it has entered „exclusive negotiations“ with Axa for the acquisition of the subsidiary.
Macron akzeptiert Attals Rücktritt

Jul 16, 2024 | boersen-zeitung.de | Gesche Wüpper

Die Regierung von Frankreich bleibt auch anderthalb Wochen nach den vorgezogenen Parlamentswahlen weiter im Amt, allerdings nur noch geschäftsführend. Präsident Emmanuel Macron hat den Rücktritt von Premierminister Gabriel Attal am Dienstagabend angenommen, lässt sein Kabinett aber zunächst weiter die laufenden Geschäfte führen.
Realistische Ziele für alle

Jun 25, 2024 | boersen-zeitung.de | Gesche Wüpper

Es fehlt an allen Ecken und Enden. Airbus mangelt es nicht nur an Flugzeugsitzen und anderen Teilen für die Kabinenausstattung, sondern auch und vor allem an Triebwerken. Die Zulieferer des weltweit größten Flugzeugbauers kommen nicht mehr hinterher. Musste Airbus die Produktion während der Covid-Pandemie um 40% drosseln, so versucht der europäische Luft- und Raumfahrtkonzern seit dem Ende der Coronakrise wieder Gas zu geben, um sein prall gefülltes Auftragsbuch abarbeiten zu können.
Hohe Zinsen nützen Renault

Apr 23, 2024 | boersen-zeitung.de | Gesche Wüpper

Trotz eines schwächeren Kerngeschäfts hat Renault das beste Quartal seit 2019 verbucht und damit die Erwartungen übertroffen. Zu verdanken hat der Autobauer das seiner Finanzierungssparte, der die höheren Zinsen zugute kamen. Der Gesamtumsatz legte deshalb um 1,8% im Vergleich zum Vorjahreszeitraum auf 11,71 Mrd. Euro zu. Während der Umsatz der Automobilsparte um 0,7% auf 10,45 Mrd. Euro nachgab, verbesserten sich die Einnahmen von Mobilize Financial Services um 27,9% auf 1,25 Mrd. Euro.
How France has strengthened its startup scene with the French Tech initiative

Feb 12, 2024 | boersen-zeitung.de | Gesche Wüpper

The funding volumes for French startups plummeted in 2023, just like in Germany and the UK. However, compared to other European countries, the French startup scene is far more resilient. "Resilient, but not resigned", characterizes the situation, according to the French online portal "Finyear," which is specialized on Fintechs. Based on the annual State of European Tech Report published by "Atomico", the French startup scene is growing faster than any other in Europe.
The new tormentors of Airbus

Nov 16, 2023 | boersen-zeitung.de | Gesche Wüpper

He was always good for a surprise. Akbar Al Baker, until the beginning of this month the CEO of Qatar Airways, was known for canceling delivery ceremonies or the announcement of new orders at the last minute. In 2011, he canceled a press conference scheduled by Airbus at the Dubai Airshow at the last minute, only to order planes from its U.S. rival Boeing a few minutes later.