Olaf Storbeck | Financial Times

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Friday, 9 June, 2023

Axel Springer SE
Ousted Bild editor received €2mn payout
Severance now subject of tussle between Julian Reichelt and his former employer
3 hours ago
Wednesday, 7 June, 2023

Wirecard AG
Markus Braun told Wirecard’s top lawyer that compliance was ‘crap’, court hears
Collapsed German payments company retrospectively created supervisory board minutes, says group’s former legal chief
Tuesday, 6 June, 2023

Investor activism
Activists clash with leading German chemical group over board vote
The tussle between proxy agency-backed PrimeStone and Engine and Brenntag over strategy and governance intensifies
Thursday, 25 May, 2023

Artificial intelligence
AI is an opportunity for creative industries, says Bertelsmann boss
Thomas Rabe says that despite copyright challenges machine-generated content could be ‘very positive’
Tuesday, 16 May, 2023

News in-depthDeutsche Bank AG
How a publicity-shy chair is revamping Deutsche Bank
In his first year, Alexander Wynaendts has made management more accountable
Monday, 15 May, 2023

European banks
Top Deutsche banker praised ‘Trojan horse’ payments which led to internal investigation
Stefan Hoops hailed proposal to pay €1mn to win business as ‘smart’ and ‘awesome’
Sunday, 14 May, 2023

War in Ukraine
Zelenskyy praises Germany’s €2.7bn military aid pledge to Ukraine
Rheinmetall deal to repair western tanks in war-torn country also announced around president’s visit to Berlin
Sunday, 14 May, 2023

German politics
German Greens suffer worst result in more than 20 years in regional poll
Nepotism allegations and outcry over planned law on carbon-free heating set party back in Bremen
Thursday, 11 May, 2023

Adidas AG
Adidas to sell Yeezy shoes and donate some of the proceeds
German sports brand seeks to mitigate damage from ill-fated Kanye West partnership
Tuesday, 9 May, 2023

Adidas AG
Adidas to face pressure from big investor over Kanye West findings
Group to be asked at annual meeting to disclose conclusions from probe into its handling of misconduct allegations
Friday, 5 May, 2023

Adidas AG
Adidas shares jump as new chief says China business has turned the corner
Sales trends are improving in world’s second-largest economy, says Bjørn Gulden
Thursday, 4 May, 2023

Inside BusinessAccountancy
The paradoxical lessons from EY’s punishment over Wirecard
Regulatory reform of the audit industry is still unfinished business
Tuesday, 2 May, 2023

Asoka Wohrmann
Ex-DWS chief Wöhrmann to lead struggling property group Patrizia
Appointment comes less than one year after head of Deutsche Bank’s asset manager was ousted over greenwashing scandal
Monday, 1 May, 2023

Deutsche Bank AG
Deutsche Bank plans to beef up investment bank advisory team
Expansion designed to prepare for dealmaking rebound and reduce reliance on fixed-income sales and trading
Friday, 28 April, 2023

Deutsche Bank AG
Deutsche Bank probes HR chief’s ill-timed bond purchase
Regulatory disclosure shows Michael Ilgner bought debt during the ‘closed period’ before the lender’s results were released
Thursday, 27 April, 2023

Deutsche Bank AG
Deutsche Bank says it was hit by a ‘speculative attack’ during turmoil
German lender’s clients pulled more than €7bn in late March after sharp drop in share price
Tuesday, 25 April, 2023

Fintech
Europe’s banks temper ambitions to challenge big US payments groups
European Payments Initiative is launching a scaled back scheme after acquiring two fintechs
Monday, 24 April, 2023

Axel Springer SE
Axel Springer files criminal complaint against former top editor
Publisher pursues ex-Bild editor Julian Reichelt — who was sacked for alleged misconduct — over data leaks
Monday, 24 April, 2023

Adidas AG
Adidas goes local as it fights to overcome crisis in China
New China boss appeals to Chinese consumers with patriotic clothing lines
Friday, 21 April, 2023

News in-depthMedia
Mathias Döpfner becomes the story: the return of scandal at Axel Springer
New book adds to pressure on chief of German media group after damaging leaks and allegations
Thursday, 20 April, 2023

Bayer AG
Activist investor ramps up pressure on incoming Bayer boss
Bluebell Capital Partners calls for conglomerate’s break-up and boardroom reshuffle ahead of AGM
Thursday, 20 April, 2023

N26
How Germany’s top fintech is struggling to grow up
N26’s strategic planning, leadership and governance in the spotlight
Wednesday, 19 April, 2023

N26
Allianz puts N26 stake up for sale at steep discount
German insurance group values smartphone bank at as little as $3bn
Thursday, 13 April, 2023

Wirecard AG
Wirecard boss threatened ‘legal steps’ against KPMG over special audit
Partner at Big Four firm says Markus Braun invited him skiing as he sought to water down probe
Wednesday, 12 April, 2023

Deutsche Bank AG
Deutsche Bank to close down its remaining IT operations in Russia
German lender offers severance packages to 500 software specialists still employed in Moscow and St Petersburg