Banking Investment

Bayer investor calls for swift replacement of CEO -newspaper

  • January 28, 2023 11:29 AM CET | Reuters
 Bayer investor calls for swift replacement of CEO -newspaper

287 FRANKFURT, Jan 28 (Reuters) - Bayer investor Deka has called for CEO Werner Baumann to be replaced ahead of his scheduled departure, adding to mounting pressure on the German drugmaker. "Bayer needs a

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German finance ministry firmly rejects new EU common debt

German finance ministry firmly rejects new EU common debt

  • January 26, 2023 04:02 PM CET | Reuters

BERLIN, Jan 26 (Reuters) - Germany's finance ministry firmly rejected proposals on new European Union joint debt on Thursday, saying such a move, backed by France and European Council President

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KKR sees long-term future with Springer, says investor Kravis

KKR sees long-term future with Springer, says investor Kravis

  • January 24, 2023 04:22 PM CET | Reuters

By Klaus Lauer BERLIN, Jan 24 (Reuters) - Axel Springer's major shareholder KKR sees itself as a long-term investor in the Berlin-based media company, U.S. investor and KKR founder Henry Kravis told

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McWin buys majority stake in L'Osteria restaurant chain

McWin buys majority stake in L'Osteria restaurant chain

  • January 24, 2023 08:02 AM CET | Reuters

By Emma-Victoria Farr FRANKFURT (Reuters) - Czech Republic-based private investment firm McWin said on Tuesday it had bought a majority stake in Germany's L'Osteria in a deal that values the

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WRAPUP 2-ECB policymakers spar on rate outlook beyond Feb hike

WRAPUP 2-ECB policymakers spar on rate outlook beyond Feb hike

  • January 23, 2023 07:40 PM CET | Reuters

(Adds Lagarde) * Knot, Kazimir explicitly back 50 bps hike in March * Lagarde sees significant, steady pace rate rise * Stournaras, Visco call for caution * Inflation high but falling By Balazs

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Supreme Court rejects appeals by ex-Deutsche Bank traders convicted of 'spoofing'

Supreme Court rejects appeals by ex-Deutsche Bank traders convicted of 'spoofing'

  • January 23, 2023 07:00 PM CET | Reuters

By John Kruzel (Reuters) - The U.S. Supreme Court on Monday turned away appeals by two former Deutsche Bank AG commodities traders convicted of manipulating precious metals prices by placing "spoof"

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German cartel office initiates proceedings against PayPal

German cartel office initiates proceedings against PayPal

  • January 23, 2023 12:10 PM CET | Reuters

(Adds detail, quote) BERLIN, Jan 23 (Reuters) - Germany's cartel office regulator said on Monday it had initiated proceedings against payment company PayPal Europe over the possibility that it

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Bayer investor criticizes Bayer chair for lack of initiative - WirtschaftsWoche

Bayer investor criticizes Bayer chair for lack of initiative - WirtschaftsWoche

  • January 22, 2023 12:05 PM CET | Reuters

(Updates with Bayer spokesperson) FRANKFURT, Jan 22 (Reuters) - The Bayer investor Union Investment criticized Bayer's chair for a lack of engagement, such as exploring a spin-off of the company's

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Bayer investor criticizes Bayer chair for lack of initiative - WirtschaftsWoche

Bayer investor criticizes Bayer chair for lack of initiative - WirtschaftsWoche

  • January 22, 2023 11:36 AM CET | Reuters

FRANKFURT, Jan 22 (Reuters) - The Bayer investor Union Investment criticized Bayer's chair for a lack of engagement, such as exploring a spin-off of the company's consumer health division, according

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Deutsche Bank investment bank bonus pool down less than 10% - source

Deutsche Bank investment bank bonus pool down less than 10% - source

  • January 20, 2023 05:00 PM CET | Reuters

By Tom Sims and Marta Orosz FRANKFURT (Reuters) - Deutsche Bank's investment banking bonus pool for last year will fall by somewhat less than 10%, a person with knowledge of the matter said on Friday,

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Deutsche Bank investment bank bonus pool down less than 10% - source

Deutsche Bank investment bank bonus pool down less than 10% - source

  • January 20, 2023 04:56 PM CET | Reuters

(Updates with details, context) By Tom Sims and Marta Orosz FRANKFURT, Jan 20 (Reuters) - Deutsche Bank's investment banking bonus pool for last year will fall by somewhat less than 10%, a person with

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