German prosecutors have been investigating Uwe Reppegather for a longer period than previously known. The head of Centrum is accused of providing a high‑interest, unsecured loan to a property company, effectively stripping it of millions of euros before the company went bankrupt.
Morgan Stanley has become the main architect of financing structures for investment in data centers, taking advantage of the AI boom.
The German savings banks (Sparkassen) have added a new securities product named S-Neo to their digital platform, allowing customers to trade mutual funds and shares directly through the app. Nearly all 338 Sparkassen are participating, offering the service at a uniform price and expressing high expectations for its success.
S&P issued a warning about the growing exposure of UK pension insurers Legal & General, Standard Life and Just Group to opaque private credit, which now accounts for over 10% of their investment portfolios, raising valuation and liquidity concerns.
JP Morgan co‑president Doug Petno told Handelsblatt that capital markets are in a golden era, foresees a sustained bull market and believes concerns that AI investments may not pay off are unfounded.
Monte dei Paschi’s board rejected Intesa Sanpaolo’s €30.6 billion offer as undervaluing the bank and highlighted regulatory and execution risks, leaving the door open for a potential merger with Banco BPM.
N26, a European neobank, has had a turbulent year and released its 2025 business figures showing customer growth that fell short of expectations. The company also announced personnel changes in its management board.
KfW’s leadership is advocating for closer integration between German mid-market companies and venture capital investments, framing this approach as a strategic formula for enhancing Germany’s economic growth and international competitiveness. This strategy will influence KfW’s promotional lending policies.
The President of the German cooperative banking association BVR, Marija Kolak, criticized individual member banks for engaging in partly high-risk business activities and announced consequential enforcement action against such practices.
Thames Water, a major UK utility company, has issued a warning about its long-term financial viability. The company states it has sufficient liquidity to survive for 12 months but warns that additional recapitalisation may be needed as liquidity could fall short beyond that timeframe.