Germany’s most valuable fintech, Trade Republic, posted revenue exceeding 750 million euros in its 2024/25 fiscal year, showing a rapid expansion according to an exclusive business report.
The German development bank KfW reports that firms are again demanding more credit, with the steepest rise since late 2022, driven largely by the energy sector’s investment in new infrastructure. However, KfW does not see a clear turning point and cautions that rising financing costs could dampen growth.
The Bundesbank warned that rising sovereign debt across Europe is becoming a growing risk for financial markets, potentially leading to a debt crisis. Michael Theurer, a board member of the Bundesbank, urged the ECB to adopt a long‑term strategy and avoid premature intervention.
The EU Commission must assess the planned takeover of Commerzbank by Italy’s UniCredit to determine if it meets antitrust requirements, with a decision expected in November.
After turbulence in oil and bond markets, investors find some hope heading into the weekend, but a sustainable easing is still far away.
The German Federal Fiscal Court ruled that children may inherit the family house without inheritance tax even if they do not move in immediately, extending the deadline beyond the previously strict six‑month rule.
Exclusive data from the broker Flatex reveal investment patterns among 450,000 German investors in September, showing which asset classes were popular and noting that two sectors saw surprising gains.
Rising interest rates are being strongly felt, and the chief executive of Germany’s second‑largest real‑estate company warned that this upward trend will negatively impact the business, especially in a particular area of its operations.
Volkswagen’s UK finance arm faces high costs as it must allocate several million euros to compensate customers for car loans that were incorrectly arranged, adding to a series of financial pressures on German automakers.
The German government rejected a state-owned Chinese shipping company’s attempt to acquire the Hamburg-based port logistics firm HHLA, citing security reasons.