Schufa, a major German credit rating agency, regularly evaluates the creditworthiness of millions of consumers. The company has introduced a new current credit score aimed at providing greater transparency. However, questions have been raised about why the company needs to store and use historical financial data from consumers for its credit assessment processes.
Germany’s Kenfo, the state fund for financing nuclear waste disposal (Fonds zur Finanzierung der kerntechnischen Entsorgung), has delivered surprisingly high returns benefiting from the stock market rally. The fund is now drawing significant attention in the context of the German government’s pension reform plans.
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.
Kenfo, Germany’s billion-euro state nuclear fund, delivered better-than-expected returns in 2025 according to its latest business report. The fund may potentially manage capital pensions in the future.
The insolvency administrator of real estate company Aggregate is attempting to annul a multi-million euro property sale. The sale of the Heidestraße quarter property, overseen by former CEO Cevdet Caner before the company’s bankruptcy, is now under judicial review to determine whether the sale price was fair and whether creditors suffered damages.
Bitcoin Suisse, a Swiss cryptocurrency provider, is expanding into the German market. The company aims to attract high-net-worth investors in Germany and plans to differentiate itself from competitors through digital currency custody services based in Liechtenstein.
Uber Technologies Inc. is in advanced talks to acquire German food-delivery company Delivery Hero SE in a potential major consolidation within the European food delivery market.
Evotec shocked the market by significantly lowering its annual guidance and forecasts. The company’s stock price fell to its lowest level since 2016 following the announcement.
Deutsche Bank, HVB, and Commerzbank have filed lawsuits against Linde Group seeking recovery of hundreds of millions of euros related to a failed Russia project for which the banks had provided guarantees.
BaFin released a survey showing that 73 banks and 21 insurers participated in Cum-Cum and Cum-Ex dividend trading schemes, which resulted in approximately seven billion euros in losses to the financial industry. The financial consequences of these controversial transactions remain visible today.