Real estate financing experiences a sharp decline

New business in commercial real estate financing in Germany is expected to decrease by approximately one-quarter this year, according to estimates from surveys conducted as part of the German Debt Project.
Commercial real estate

Inflation has yet to return to normalcy

The notable decline in inflation in Germany during September is a positive development. Yet, it's premature to assume everything is back to normal. The ECB needs to stay alert. The upcoming interest rate meeting in December will be closely watched.
OpinionPrice levels

A test of patience to Frankfurt's advantage

The application procedure for the Anti-Money Laundering Authority (AMLA) has begun. Nevertheless, it is not expected to move swiftly, which could work to the advantage of the Federal Ministry of Finance.
OpinionAnti-Money Laundering Authority

BMW's extraordinary move

With the contract extension of BMW CEO Oliver Zipse, the company's supervisory board takes an unusual step considering the age limit of 60 years. There are specific reasons behind this decision.
OpinionRenewal of contract for Zipse

Some thoughts and some things to do on the weekend...

...collected for you by Sebastian Schmid

"The main obstacle is hierarchical, male-dominated leadership structures."

The percentage of women in leadership positions in the German economy is increasing especially in companies subject to legal quota regulations. Anja Seng, President of the "Women in supervisory boards" initiative (FidAR), discusses why the impact of these laws remains insufficient and what is lacking in companies.
InterviewAnja Seng, President of FidAR

American Express pushing into the German mass market

With a market share of just under 7%, American Express is lagging behind here in Germany. According to the vision of Germany CEO Fabiana Mingrone, this is set to change in the future.
A conversation withFabiana Mingrone

Economist Vöpel considers Hamburg's port strategy risky

The offer for the acquisition of a share in the Port of Hamburg of up to 49.9% by the shipping company MSC is expected to be published in October. Economist Henning Vöpel considers the port deal risky.
InterviewHenning Vöpel

Susanne Wiegand leads Renk to the trading floor

In the view of CEO Susanne Wiegand, the planned IPO of Renk offers the greatest opportunity for growth. The changing times and the energy transition play into her favor.
PersonaliaDefense industry

European Commission on a difficult mission

During his visit to China, EU Commission Vice President Valdis Dombrovskis calls on Beijing to take stronger action against the harassment of European companies. Both parties establish a working group focused on financial regulation and demonstrate their commitment to preventing further escalation.
Visit to China

Funding gap for Climate Tech

Climate tech is supposed to play a decisive role in the green transformation, but there is a lack of investment. Especially the already somewhat larger scale-up companies need more capital.
Allianz Research Data

Minister Presidents in abundance

The Hessian election campaign has turned Frankfurt into a large, colorful poster exhibition. Everywhere, people smile as they present themselves as Minister Presidents. And in between, slogans from small parties can make you wonder and ponder.
Noted in...Frankfurt

The IPO window is open just a crack

The short-lived euphoria for tech IPOs in the USA is not mirrored over here. In Germany, investors are primarily focusing on companies with proven profitability.
OpinionInitial Public Offerings

Enthusiasm for Tech IPOs fades

Just as the enthusiasm for tech IPOs in the US has recently surged, it's fading away again. The stock prices of Arm, Instacart, and Klaviyo have dropped towards their issue prices. This impairs the outlook for the German IPO candidates Birkenstock, Renk, and Schott Pharma.
Going Public

A future council for Germany

Germany's business model is in crisis. Structural reforms are overdue, but political parties are blocking each other. A national Future Council for the Economy could be a way forward.

Finanzwende deems legislative plans to combat financial crime as insufficient

Federal Minister of Finance Christian Lindner (FDP) had planned to propose a significant and effective structural reform of the 'Law to Combat Financial Crime'. However, the civic movement Finanzwende has significant doubts about whether he will succeed in this endeavor.
Too many weak points

"We cannot discard older employees."

Given a shrinking workforce due to demographic factors, banks can no longer afford to exclude employees over 50, warns the HR consultant Andreas Krischke. A healthy age structure is also part of diversity.
A conservation withAndreas Krischke, Indigo Headhunters

"We have impact through engagement"

The Norwegian Sovereign Wealth Fund does not have a specific mandate for impact investing. But the large investor is convinced that over the long term a good return for the fund depends on sustainable economic environmental social developments. That is why NBIM closely follows the companies in which the fund is invested on the way to achieving ESG goals.
A conversation withAlexis Wegerich, Norges Bank Investment Management

A Test of China's Charm Offensive

In the trade showdown between China and the EU, Beijing must exercise caution to avoid further alienating foreign investors.
Editorialtrade conflict

Private equity is sliding into a debt trap

With rising interest rates, heavily indebted German companies frequently find themselves in troubled waters. Often they are held by private equity firms. According to S&P, the highest debt burdens in the poorly rated "B-"category are found at Adler Group, Douglas (CVC), and Klöckner Pentaplast (Strategic Value Partners).
Investment companies