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Reshuffle at Deutsche as legal costs hit profits

By: Mona Dohle | 30 Oct 2014

Deutsche Bank replaced its finance and legal chief after reporting a net loss of 92.€ for the third quarter of 2014 due to mounting legal costs. The…

iShares appoints Scharl as head of sales Germany, Austria and Eastern Europe

By: Mona Dohle | 30 Oct 2014

iShares has announced the appointment of Peter Scharl (pictured) as head of sales for Germany, Austria, and Eastern Europe. Scharl has been with Blackrock since 2007 and…

Union Investment CIO equities resigns

By: Mona Dohle | 30 Oct 2014

Michael Schmidt (pictured), managing director and CIO Equities at Union Investment has confirmed his resignation by the end of this year. Schmidt took on the position as…

Goldman Sachs: Dibelius leaves position as head of Germany

By: Mona Dohle | 28 Oct 2014

Alexander Dibelius (pictured) will leave his position as country head Germany and Austria for Goldman Sachs, he will be replaced by by  the newly appointed co-heads Wolfgang…

Deutsche Boerse appoints new CEO

By: Mona Dohle | 28 Oct 2014

After 17 years on the executive board of Deutsche Boerse, CEO Reto Francioni  will hand over his tasks to Carsten Kengeter as of June 2015, Andreas Preuss…

Ifo index : German economy still struggling

By: Mona Dohle | 27 Oct 2014

The monthly ifo index measuring business confidence in Germany has declined from 104.7 to 103.2 points, while the outlook for the coming six months has deteriorated further,…

Delta Management Consulting aimed at German institutional investors launched

By: Mona Dohle | 27 Oct 2014

Bernd Baur and Peter König have teamed up to launch Delta Management Consulting, a new investment consultancy firm aimed at German institutional investors. The firm will offer…

ECB assessment: Relief in Germany

By: Mona Dohle | 27 Oct 2014

Against cautious expectations, only one out 25 participating institutions in Germany failed to comply with the ECB capital requirement. Among the 25 German banks surveyed, only Münchener…

German monthly funds inflows hit €8.5bn

By: Mona Dohle | 21 Oct 2014

The German fund industry has seen inflows of €8.5bn, including €5bn to the institutional side in August, according to the latest data provided by the German asset…

43.5% of German institutional investors risk missing target Union Investment study says

By: Mona Dohle | 20 Oct 2014

According to a recent poll released by Union Investment, German institutional investors expect that on average 43.5% of their peers will fail to hit their investment targets…

Close Brothers sells Seydler to Oddo&Cie

By: Mona Dohle | 20 Oct 2014

British financial services group Close Brothers has sold the Seydler Bank AG, its German securities business, to French midcap broker Oddo &Cie, the company will be renamed…

Hamburg Summit: Day 2 & 3 highlights

By: Jonathan Boyd | 17 Oct 2014

The InvestmentEurope Pan-European Fund Selector Summit has continued into its third day in Hamburg. Selected photographs from the second and third days of the conference are published…

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