Hedge fund TCI files criminal charges against Wirecard managers

Wirecard There is a larger bet against the payment service provider’s share. (Photo: Reuters) Frankfurt The TCI hedge fund takes legal action against Wirecard. The British financial investor, who is wagering on a fall in the price of Wirecard shares, has filed a criminal complaint against managers of the payment processor with the Munich public […]

Why sustainability becomes even more important in Corona times

Wind farm at the edge of the forest Investors are demanding better carbon footprints from companies, but better social standards and good corporate governance. (Photo: Paul-Langrock.de) Frankfurt Siemens CEO Joe Kaeser was the first to feel the new, sustainable investment policy of the world’s largest investor Blackrock. After Blackrock boss Larry Fink wrote in a […]

Union Investment and DWS reject compensation system

German Stock Exchange DWS criticizes that both the short and long-term variable remuneration components are largely based on the growth of the group’s net income. (Photo: dpa) Frankfurt Deutsche Börse must prepare for resistance at its Annual General Meeting on Tuesday. The fund companies DWS and Union Investment want to reject the new remuneration system. […]

New Osram owner AMS announces job cuts

AMS AMS boss Everke has not yet decided what the company will be called after the Osram takeover. (Photo: Reuters) Munich The Austrian sensor specialist AMS is counting on the rapid integration of both companies after the Osram takeover. “AMS and Osram will become one company as soon as possible,” said AMS boss Alexander Everke […]

Warren Buffett significantly reduced Goldman Sachs shares

Warren Buffett The investor only bought shares to a very limited extent. (Photo: AP) Denver Warren Buffett has waited a long time for stock prices to drop and for him to buy cheaply. But the price turmoil in March, in which markets collapsed by over 20 percent, was not a buying opportunity for the star […]

Warren Buffett sold these shares in the first quarter

Warren Buffett The investor only bought shares to a very limited extent. (Photo: AP) Denver Warren Buffett has waited a long time for stock prices to drop and for him to buy cheaply. But the price turmoil in March, in which markets collapsed by over 20 percent, was not a buying opportunity for the star […]

Swissport is negotiating a rescue package with investors

Swissport For the time being, Swissport cannot count on help from the Swiss government, which has to digest a drop in sales of around 80 percent in the wake of the crisis. (Photo: AFP) London, Frankfurt The aircraft handler Swissport, hit hard by the standstill in aviation, has attracted financial investors, insiders say. Apollo, SVP […]

Why JP Morgan Asset Management is optimistic in the long term

View of the DAX board on the Frankfurt Stock Exchange The earnings prospects for long-term investors are better after the crash than they were six months ago. (Photo: AFP) Frankfurt It is always in late autumn that the analysts and strategists at the US asset manager JP Morgan Asset Management set out to review the […]

“In the long run, the state has to withdraw”

Alexander Leisten Heads the Germany business at Fidelity International. (Photo: Fidelity) Frankfurt With over 30 years of professional experience in the fund industry, Alexander Leisten has experienced a lot. This includes the financial crisis that started over a decade ago and shook markets around the world. The Corona pandemic has another dimension for the head […]

Blackrock loses major shareholder PNC

new York Blackrock loses its largest shareholder. The American regional bank PNC will part with its stake in the world’s largest asset manager in the coming days, the institutes said on Monday. PNC, based in Pittsburgh, Pennsylvania, has had a stake in Blackrock for over 20 years and currently holds approximately 22 percent of the […]