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Italian and German chief executives scheduled talks earlier this year but shelved tie-up
Move comes after Big Four firm refused to sign off company’s 2021 results
For Paul Achleitner’s successor the priority will be restoring the financial health of the German lender ahead of a round of European banking mergers
Total costs over Allianz Global Investors’ ‘structured alpha’ fund settlements rise to €5.6bn
Quarterly sales slide amid supply chain disruption, store closures and rising costs
Collapsed payment group’s annual statements declared invalid in landmark ruling
Family office, which has since collapsed, believed information was shared on behalf of German lender’s chair
Co-chief and three board members resign as Big Four firm says it was denied access to crucial documents
Rare move pushes German property company deeper into crisis
Lender says move on Frankfurt headquarters is linked to suspicious activity reports
UK consumer products group among several companies that have started passing on commodity cost increases to customers
Big Four firm promises to address ‘permanent occupational stress and overburdening’ of its auditors
Bank also warns that risks from Ukraine war are growing
US-listed Ecolab also praised ‘integrity’ of compliance culprit
Forensic investigation uncovered impairment risks but found no evidence of fraud
Central bank says sudden disruption of supplies to EU could trigger sharp recession this year
Intelligence service feared approach last year by middleman with suspected links to Russia’s FSB agency was a trap
The postwar governance structure has given stability but is now so ossified it hinders change
Commerzbank stock also falls after investor sells €475mn share
Trial of Hanno Berger is part of the so-called ‘cum-ex’ scandal that has rocked the German establishment
Berlin activates emergency law as west refuses to comply with Moscow’s demand for roubles
Putin’s call for oil and gas deals to be paid in Russian currency would ‘violate contracts’, German energy minister says
Nomination of Yngve Slyngstad represents vote of confidence in lender’s efforts to end years of underperformance
Russia to switch gas invoicing to roubles for European buyers
The former chief executive of the German payments company that went bust with debts of €3bn faces fraud charges
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