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Oddo&Cie makes counterbid for BHF Kleinwort Benson

By: Adrien Paredes-Vanheule | 27 Nov 2015

Franco-German financial group Oddo&Cie has announced it has launched a voluntary and conditional counterbid for Brussels-listed company BHF Kleinwort Benson, which is active in private banking and asset…

Capital Group strengthens DACH team

By: Viola Caon | 24 Nov 2015

Capital Group has announced the appointment of Alex Hoehn (pictured) as a Client Service Associate for Germany and Austria. This follows the opening of the Frankfurt office,…

AllianzGI launches global fixed income fund

By: Mona Dohle | 18 Nov 2015

Allianz Global Investors (Allianz GI) has launched a new global fixed income fund, which offers investors access to a combination of inflation indexed bonds, mortgage backed securities,…

German economy set to overcome VW effect

By: Mona Dohle | 17 Nov 2015

The monthly ZEW economic outlook for Germany has improved significantly compared to the previous month, suggesting that the German economy appears to overcome the initial hit of…

Neuberger Berman expands Germany and Austria team

By: Mona Dohle | 16 Nov 2015

Neuberger Berman has appointed Christian Puschmann as head of Client Group Germany and Austria. Based in Frankfurt, Puschmann is responsible for leading client relationship management and business…

Deka launches Eurozone government bond ETF

By: Mona Dohle | 16 Nov 2015

Deka has announced the launch of a new ETF, offering institutional investors access to Eurozone government bonds with a minimum volume of €2bn and a maturity of at…

German YoY fund flows double in Q3

By: Mona Dohle | 13 Nov 2015

Inflows into German fund flows have doubled compared to the previous year, growth levels are largely driven by  growing investments into Spezialfonds and multi-asset, according to German…

Allianz Q3 profits still hit by Pimco outflows

By: Mona Dohle | 06 Nov 2015

Third quarter profits at German insurer Allianz continue to be affected by outflows through its daughter Pimco, nevertheless, the group says it continues to stick with its…

Münster first German city to divest from fossil fuels

By: Mona Dohle | 05 Nov 2015

The German city of Münster, based in North-Rhine Westphalia, is the first German city to divest from fossil fuels, the cities’ finance committee announced today. The move…

BNP Paribas expands German distribution team

By: Mona Dohle | 04 Nov 2015

Thomas Heger has joined the German distribution team at BNP Paribas. Based in Munich, he will be responsible for the distribution to direct banks and online brokers.…

Donner & Reuschel: Leaving comfort zones

By: Mona Dohle | 03 Nov 2015

Like many other European countries, Germans often joke about the difference between northerners and southerners. The merger of two long standing private banks , Hamburg-based Donner, and Munich-based Reuschel into Donner & Reuschel…

Commerzbank chief executive to step down

By: Mona Dohle | 02 Nov 2015

Martin Blessing, chief executive at Commerzbank has announced his resignation as of October 2016, to coincide with the completion of the bank’s four year strategic plan. Blessing…

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