Felix Wagner 
Following a court ruling and prolonged frustration among staff, the Deutsche Bundesbank has decided to offer fee‑free checking and depot accounts to its workforce and retirees, closing the controversy over account charges.
The reporting season is winding down, and activity on the German stock market is calming. The DAX remains near its all‑time high, while the PNE stock experienced a sharp decline.
The German tax authority announced that from 2026 crypto exchanges will have to follow stricter transparency rules, including reporting the tax identification numbers of their users. Investors who do not provide their tax number risk a penalty of up to €50,000.
German utility Uniper SE is looking to monetize about ten of its European sites by selling or leasing them for data‑center projects, driven by the surge in AI‑related infrastructure demand in the UK and Germany.
In an interview, RBC BlueBay’s bond chief strategist Marc Dowding said that inflation has not yet affected all sectors of the economy and that the bonds of tech giants pose a risk to markets.
Robust economic data in the euro zone is generating optimism among investors, according to the new Sentix index. Confidence is also growing in Germany, though it remains at a low level.
The article profiles Andrea Orcel, the hard‑nosed manager behind UniCredit’s planned takeover of Commerzbank, highlighting his aggressive leadership style and the strategic significance of the deal for European banking.
CAIS raised $170 million in a Series D round to fund strategic M&A, boost AI capabilities, and provide liquidity to long‑term shareholders, with the round led by Vista and supported by European investor Allianz Bernstein among others.
Glencore is launching a smart shortcut to a triple listing by issuing depositary receipts in Sydney. This move will enable Australian investors to trade Glencore shares on a local platform, improving accessibility for the mining‑focused investor base in Australia.
Aareal Bank, a German real‑estate financier that has not been listed on the stock exchange since 2023, may consider a re‑listing according to CEO Christian Ricken, who also mentioned other possible strategies.