English | Financial news with a German perspective

Surprising changes to management positions can cost companies dearly. But orderly changes in the management board also cost money.

Anja Mikus defends the investment strategy of the nuclear legacy fund Kenfo against criticism from Urgewald. As was made clear at a Börsen-Zeitung event, increasing regulation is leading to a certain ESG fatigue in the industry.

Beijing's demand that domestic car manufacturers use more Chinese-made chips would be a blow to the strategies pursued by Western semiconductor manufacturers.

Last year, Deutsche Bank lowered the salaries of most of its top executives. However, because James von Moltke and Fabrizio Campelli earned more, the bottom line was that little changed for the entire Management Board.

The Supply Chain Act is proof that the EU - after many twists and turns - is ultimately able to reach compromises, even on controversial issues, while accommodating the reservations of national governments.

Marcel de Groot is not taking on an easy task as head of Vodafone Germany. So far, the competition has been gaining market share in mobile telephony and fixed-line network customers are running away.

Saxony's start-up hotspots Dresden, Leipzig; and Chemnitz are currently going full speed ahead. In no other federal state has start-up activity recently increased as significantly as in the state of Saxony. However, the access to growth capital and the recruitment of employees are often still difficult for the young companies.

The ECB is making several adjustments to its monetary policy framework. However, the changes are not a departure from the current system of excess liquidity.

Dcubed and Reflex Aerospace are among the most promising German start-ups. A fascination with outer space was an important driving force for the two founders – but so was frustration as well.

The financial investor KKR is teaming up with the billionaire family Viessmann as a co-investor. This is remarkable in several respects.

In the race with other economic powers for supremacy in artificial intelligence, Germany is in danger of losing out. This would also weaken all other domestic industries and set the country back in the competition.

In order not to lose pace with the other major economic players, Germany must make a greater effort to develop its own AI infrastructure, ZEW expert Bertschek demands.

Savings banks are faced with the accusation that they are failing to fulfil their public mandate by offering low interest rates on savings. Wrongfully so!

Christiane Vorspel, who moved to LBBW in 2018, is returning to Commerzbank as Head of IT. Thanks to her sociable nature and her wealth of internal experience, the Supervisory Board trusts her to successfully drive forward digitalisation and the cloud strategy.

The IPOs of Douglas and Galderma are hoped to mark the start of a comeback for IPOs. If this is to succeed, however, it will require substantial discounts on the valuation of the competitors already listed.

Before the merger with Schaeffler, Sabine Nitzsche, CFO of automotive supplier Vitesco Technologies, explains how the two companies differ and why flat hierarchies are important.

With the new funding instrument of climate protection contracts, the state is also taking on financial risks that are currently difficult to assess.

The topic of ESG is not yet sufficiently defined for the activities of supervisory boards. Although the boards generally certify that they are highly competent in all sustainability tasks, the HKP Group's governance consultants give them poorer marks.

Commerzbank wants to turn up the heat in the Swiss corporate client business. The local head of Commerzbank, Marc Steinkat, sees the integration of Credit Suisse into UBS as a "huge opportunity" for the Frankfurt-based bank.

Monetary policy expert Volker Wieland believes that the current interest rate level in the eurozone is not particularly restrictive. Therefore, there is much to suggest that key interest rates will not be lowered before June.

The British financial platform Tide is coming to Germany. CEO Oliver Prill sees great growth potential there. It is the first step in the company's expansion into continental Europe. Tide already has a presence in India.

The Otto Group is preparing for a generational change. Company patriarch Michael Otto wants to hand over the management of the family business to his son Benjamin in two years' time. The new CEO in 2025 will be the current CFO Petra Scharner-Wolff.