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Zalando chief Robert Gentz pledges to avoid mass job cuts despite first-ever fall in revenue
Rising global food prices after Russian invasion of Ukraine spur group’s crop sciences business
Lender warns of ‘severe recession’ if Russia cuts off supplies
BaFin publishes interim finding of accounting probe into real estate group
Inquiry in 2015 reveals lender’s exposure to ‘cum-ex’ scandal involving banks across Europe
France and southern Europe outperform forecasts but economists warn of darkening prospects as German GDP stalls
German brand valued at €750mn after raising €30mn from investors led by US basketball star
Germany’s biggest lender reports 46% rise in second-quarter profit, above analyst expectations
Frankfurt prosecutors crack down on bankers who claimed refunds on dividend tax that was never paid
Core IT restructuring project postponed until 2023 has proved far more complex than anticipated
Collapsed German payments group fabricated data to reassure Japanese investor
Austrian investor also to acquire 20 per cent stake in struggling real estate group
Stephan von Erffa said fabricated payment authorisation was an isolated event
Governing council to discuss potential bonanza for lenders from ultra-cheap pandemic loans
Asset manager is listed but German corporate structure allows parent Deutsche Bank to call the shots
Online retailer slashes guidance as recession fears rise
CEO and other executives voluntarily forgo €75,000 each in pay to signal responsibility for ‘cultural shortcoming’
Emergency move is ‘bitter but essential’ to ease threat of energy shortage, economic minister Robert Habeck says
German lender lowers dependency on technology centre supporting its investment and corporate bank
German leasing firm said it ‘learnt a lot’ and has been strengthened after Fraser Perring’s highly critical report
Three years after EU directive, activists say legislation aimed at boosting safeguards should go further
Italian and German chief executives scheduled talks earlier this year but shelved tie-up
Move comes after Big Four firm refused to sign off company’s 2021 results
For Paul Achleitner’s successor the priority will be restoring the financial health of the German lender ahead of a round of European banking mergers
Total costs over Allianz Global Investors’ ‘structured alpha’ fund settlements rise to €5.6bn
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