German government ramps up on 2045 net zero goal

The German government has earmarked more than €57bn for green investment over the course of 2024. According to Reuters, the money will be distributed through the Climate and Transformation Fund and includes €18.9bn in subsidies in renovations and new construction. The entire amount is up more than 60% from its 2023 target, noted the German […]

Germans investors remain nervous about inflation

Individual investors in Germany have identified inflation as their biggest concern, according to a report from Natixis Asset Managers. Almost three-quarters (71%) of respondents in Germany told the Natixis Global Survey of Individual Investors that inflation was their biggest fear – compared with 58% of respondents globally. This comes at a time when inflation in […]

Credit Suisse-related lawsuits pick up pace

The lawsuits over UBS’s ‘shotgun wedding’ rescue of Credit Suisse are growing in number. US law firm Quinn Emanuel Urquhart & Sullivan has already been instructed by key holders of Credit Suisse’s ‘additional tier one’ (AT1) capital instruments to represent them in discussions with the Swiss authorities and in any possible litigation. Now, however, it […]

DWS revisits management structure

Asset manager DWS has restructured some of its senior management team, reports from Germany have indicated. As reported by the German site Fonds Online, Björn Jesch, the firm’s global head of investment, has seen his duties transferred to Vincenzo Vedda, head of active at the firm, with immediate effect. Fonds Online quoted a message it […]

Banking sector weighs UBS-Credit Suisse fall-out

The implications of UBS’s takeover of Credit Suisse last month is continuing to roil the Swiss financial space, according to reports throughout the country’s media. UBS will look to shed between 25,000 and 36,000 roles within the company, with 11,000 of those being in Switzerland, Sonntags Zeitung has reported. The newspaper went on to note […]

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