Felix Wagner 
Austrian bank Raiffeisen Bank International (RBI) rejected accusations of wrongdoing linked to its Russian subsidiary and saw its stock price drop significantly.
After the Federal Reserve’s interest‑rate increase, investors turned their attention to the Bank of England. A further decline in oil prices supported the markets, but analysts warned against premature euphoria. The DAX managed to stay in positive territory, whereas Bilfinger’s stock dropped as much as 26%.
A German court ruled that Volksbank Dresden-Bautzen gave incorrect advice regarding the Uni Immo Wohnen ZBI real estate fund, leading to a conviction. The decision may have broader implications for the real‑estate fund sector.
The pension fund for dentists in Schleswig‑Holstein, based in Kiel, has come under scrutiny after depreciation on a real‑estate project was reported. New internal documents suggest that the fund’s real‑estate holdings may be significantly larger than previously reported, posing additional risk.
Allianz and Waymo plan to cooperate on building a robotaxi service across Europe, combining Allianz’s insurance expertise with Waymo’s autonomous driving technology.
A new BIS paper highlights measurement challenges in the crypto space, showing that common on‑chain metrics for Bitcoin, Ethereum and stablecoins often underestimate actual transfer activity, creating a major gap in economic analysis of digital assets.
Volksbank Braunschweig-Wolfsburg needs the largest rescue among rescued branch banks, requiring up to 720 million euros in support. The banking association BVR will also become a shareholder to help stabilize the institution.
Two of the three founders of Bitpanda have recently left the top management. The remaining founder, Christian Trummer, is moving up to become co‑CEO. The company remains cautious about an IPO.
Analysts warn that non-performing loan (NPL) volumes at Germany’s biggest banks could exceed €53 billion by 2027, signalling a potential rise in bad debt across the sector.
The DAX slipped into negative territory as rising oil prices weighed on the market, but the BioNTech stock gained. Additionally, remarks from Sam Altman and Dario Amodei caused Infineon and other chip firms to see a notable decline in their market capitalisation.