The German construction company Hochtief is expected to be promoted from the MDAX to the DAX, Germany’s leading stock index, in June. Experts are uncertain which current DAX member will be replaced. Lufthansa is expected to remain excluded from the index.
Uni Immo Wohnen ZBI, a controversial real estate fund that suffered significant devaluation, has been granted approval for a model lawsuit (Musterverfahren) nearly two years after the devaluation occurred. This legal proceeding offers hope to investors who have suffered losses and are seeking compensation.
George Gatch, CEO of JP Morgan Asset Management (the world’s fifth largest asset manager), discusses the potential of Germany’s new retirement savings account (Altersvorsorgedepot) to strengthen the country’s savings landscape and benefit German savers.
The German state of Saxony-Anhalt announced plans to issue its first digital state bond as a cryptographic security in 2026. This initiative is considered an important milestone for digital government financing in Germany.
Chinese e-commerce firm JD.com’s €2.2 billion acquisition offer for Germany’s Ceconomy AG, Europe’s largest consumer electronics retailer, is under in-depth investigation by EU regulators concerning potential foreign subsidies, creating uncertainty around the deal’s completion.
ING Deutschland is positioning itself as an AI-driven bank, with the CEO indicating that the integration of artificial intelligence will enable digital banks to provide personalized advisory services previously unavailable in the online banking segment. This represents the emergence of a new category of banks in the digital banking space.
N26, a German digital bank (neobank), is expanding its supervisory board from six to eight members by appointing Marieke Flament and Andreas Tuczka, with elections scheduled for end of June. The move comes as N26 launches an internal investigation following regulatory allegations from BaFin.
Uber Technologies has increased its ownership stake in Delivery Hero SE to 36.83% by purchasing shares from Aspex Management, as the American ride-hailing company pursues a full acquisition of the German food-delivery platform.
The CEO of Versicherungskammer Bayern emphasizes that the insurance industry must better prepare for crisis situations and play a larger role in civil defense measures given the increasingly uncertain geopolitical environment in Europe.
Terra Quantum, a German tech firm, switched underwriting partners for its Nasdaq IPO. The company had previously changed its IPO price multiple times while increasing its valuation.