Felix Wagner 
ING Deutschland is positioning itself as an AI-driven bank, with the CEO indicating that the integration of artificial intelligence will enable digital banks to provide personalized advisory services previously unavailable in the online banking segment. This represents the emergence of a new category of banks in the digital banking space.
N26, a German digital bank (neobank), is expanding its supervisory board from six to eight members by appointing Marieke Flament and Andreas Tuczka, with elections scheduled for end of June. The move comes as N26 launches an internal investigation following regulatory allegations from BaFin.
Uber Technologies has increased its ownership stake in Delivery Hero SE to 36.83% by purchasing shares from Aspex Management, as the American ride-hailing company pursues a full acquisition of the German food-delivery platform.
The board of Addiko Bank recommends shareholders accept RBI’s takeover offer over the competing bid from Slovenian NLB, viewing RBI’s proposal as more favorable despite a lower price.
The CEO of Versicherungskammer Bayern emphasizes that the insurance industry must better prepare for crisis situations and play a larger role in civil defense measures given the increasingly uncertain geopolitical environment in Europe.
A Swiss court has dismissed proceedings against Lara Warner, a former Credit Suisse manager, in connection with the Mozambique tuna bond scandal. The scandal involved transactions between state-owned Mozambican companies and shipbuilder Privinvest over a decade ago. The dismissal also means that financial penalties are no longer applicable.
Terra Quantum, a German tech firm, switched underwriting partners for its Nasdaq IPO. The company had previously changed its IPO price multiple times while increasing its valuation.
Patrick Drahi’s assets have been seized by Swiss courts in a dispute with Altice co-founder Armando Pereira, who is seeking to reclaim at least 1.2 billion Swiss francs that he claims he is owed.
ECB Director Isabel Schnabel indicated in an interview that a rate hike in June may be necessary due to inflationary pressures from rising oil prices caused by the Iran conflict. She discussed how the ECB could respond with monetary policy measures.
Swissblock and Glassnode analysts warn that Bitcoin is entering a high-risk zone as Bitcoin ETF outflows continue, suggesting institutional investors are exiting positions. The steady outflows are adding to supply without corresponding demand.