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Olaf Storbeck

Frankfurt correspondent
Email Olaf Storbeck @olafstorbeck  on Twitter (link opens in a new browser window)
Email Olaf Storbeck @olafstorbeck  on Twitter (link opens in a new browser window)

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  • Monday, 28 November, 2022
    Canyon Bicycles
    Canyon Bicycles targets motorists with ‘SUV’ and cargo bikes

    European brand seeks growth through sturdier models suited to shopping and other city dwellers’ needs

  • Thursday, 24 November, 2022
    Lars Windhorst
    Lars Windhorst set to sell Hertha Berlin stake to 777 Partners

    Sale to US private equity group at undisclosed price hinges on approval from football club and Bundesliga

  • Thursday, 24 November, 2022
    Adidas AG
    Adidas to launch probe into claims about Kanye West playing pornography to staff

    Decision comes after a top shareholder demanded clarity about alleged incidents

  • Saturday, 19 November, 2022
    Commerzbank AG
    Ex-Bundesbank chief Jens Weidmann set to join Commerzbank

    Former Merkel adviser will become fourth chair in three years at German lender

  • Thursday, 17 November, 2022
    ADLER Group SA
    Adler inflated balance sheet by €3.9bn, BaFin finds

    Second time this year real estate group has had 2019 accounts questioned by German watchdog

  • Wednesday, 16 November, 2022
    Wirecard AG
    German regulator postpones verdict on flaws in EY’s Wirecard audits

    Final decision on potential misconduct will be crucial for Big Four firm’s future in Germany

  • Tuesday, 8 November, 2022
    Adidas AG
    Bjørn Gulden confirmed as Adidas chief executive

    World’s second-largest sportswear brand poaches rival boss from Puma

  • Tuesday, 8 November, 2022
    Lars Windhorst
    Lars Windhorst’s bank reported to regulator by Hertha Berlin

    Vienna-based Euram Bank confirmed payments to football club that took weeks to arrive

  • Sunday, 6 November, 2022
    UniCredit SpA
    ECB and UniCredit clash over capital plans and Russia presence

    Friction builds in wake of CEO Orcel’s aggressive strategy to overhaul Italian lender’s operations

  • Friday, 4 November, 2022
    Deutsche Bank AG
    Deutsche Bank threatened with fines as deadlines to fix controls approach

    Dispute between lender and German regulator over improving money-laundering measures escalates further

  • Friday, 4 November, 2022
    Adidas AG
    Adidas in talks to poach Puma chief Bjørn Gulden

    Gulden announced surprise departure from Puma on Friday

  • Sunday, 30 October, 2022
    German economy
    German workers fire warning shot with pay strikes

    Thousands down tools as unions seek highest wage rise in more than a decade

  • Sunday, 30 October, 2022
    Fintech
    German fintech Solaris aims to triple revenue despite sector pressure

    Berlin-based group confident after winning new client

  • Wednesday, 26 October, 2022
    European banks
    European banks’ bumper quarter raises prospect of windfall taxes

    Deutsche Bank posts one of its highest profits since before financial crisis

  • Wednesday, 26 October, 2022
    Deutsche Bank AG
    Deutsche Bank profit buoyed by rising interest rates

    Germany’s largest lender benefits from frantic fixed income and currency trading

  • Tuesday, 25 October, 2022
    Adidas AG
    Adidas ends tie-up with Kanye West after anti-Semitic remarks

    German group warns net profits will be up to €250mn lower following decision

  • Friday, 21 October, 2022
    Adidas AG
    Adidas shares tumble after second profit warning in three months

    German sportswear group hit by lower than expected sales

  • Tuesday, 18 October, 2022
    Deutsche Bank AG
    Deutsche Bank raided for second time over multibillion tax fraud

    More than 100 police officers search HQ and ten homes in wide ‘cum-ex’ inquiry

  • Monday, 17 October, 2022
    Banks
    Credit Suisse reaches $495mn mortgage settlement with US prosecutors

    Swiss bank says agreement with New Jersey authorities is last major case related to mortgage-backed securities

  • Monday, 17 October, 2022
    Deutsche Bank AG
    Deutsche Bank ditched Hertha Berlin over links to Lars Windhorst

    Christian Sewing met financier and football investor and exchanged WhatsApp messages

  • Thursday, 13 October, 2022
    Inside BusinessVolkswagen AG
    Is the VW structure too complex for the good of Germany?

    Porsche IPO adds to corporate governance concerns over differing share classes and overlapping shareholdings

  • Tuesday, 11 October, 2022
    N26
    German fintech N26 says no new funding needed before it breaks even

    Online bank optimistic over cash despite regulatory cap on new customers and a 14% rise in net losses

  • Tuesday, 11 October, 2022
    Lars Windhorst
    Berlin prosecutors pursue Windhorst over alleged illegal banking activities

    Investigation ongoing a year after German financier said matter had been resolved

  • Wednesday, 5 October, 2022
    Lars Windhorst
    Windhorst to cut ties with Berlin football club after spy scandal

    German financier faced storm of criticism after FT revelations over campaign against president

  • Tuesday, 4 October, 2022
    EU energy
    Germany faces prospect of slashing energy exports, grid operator warns

    Move could be necessary as ‘last resort’ to avoid local shortages, says senior executive at Amprion

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