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    Olaf Storbeck

    Frankfurt correspondent

    Olaf Storbeck is the FT's Frankfurt banking correspondent. Besides Germany's financial sector, he is covering the retail industry and - following a lot of work on the political and financial repercussions of the Wirecard fraud - has a focus on white collar crime and whistleblowing.

    Before joining the FT in 2017, he worked at a London-based columnist at Reuters Breakingviews for five years and was named Reuters Journalist of the year in 2015 in the commentary category for his opinion pieces about the Volkswagen diesel scandal. A German citizen, he started his career at Germany's business and financial daily Handelsblatt after graduating from the Cologne School of Journalism and studying Economics at the University of Cologne.

    Olaf was part of the teams which in 2020 won two Loeb Awards ('Breaking News’ and 'investigative') and the Press Gazette British Journalism Award' in the 'Best Business Journalism category.

    Email Olaf Storbeck @olafstorbeck  on Twitter (link opens in a new browser window)

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    • Thursday, 23 November, 2023
      Bayer AG
      Bayer drug setback adds to new CEO’s problems  

      Halted trial of prospective blockbuster treatment follows latest US legal blow over weedkiller Roundup

      Bill Anderson
    • Wednesday, 22 November, 2023
      Deutsche Bank AG
      Deutsche Bank’s €12-an-hour workers gear up for a fight

      Lender has 572 employees making over €1mn a year but call centre staff are paid just a few cents above minimum wage

      A montage of a keyboard, headphones and the Deutsche Bank logo
    • Monday, 20 November, 2023
      Bayer AG
      Bayer shares plunge after blood-thinning drug trial halted

      German group says prospective blockbuster asundexian failed to demonstrate efficacy

      The Bayer logo
    • Wednesday, 8 November, 2023
      Bayer AG
      Bayer chief blasts conglomerate’s performance as ‘unacceptable’

      German group is examining spinning off its crop sciences or consumer health businesses in effort to restore fortunes

      Bayer’s chief executive Bill Anderson
    • Wednesday, 8 November, 2023
      Commerzbank AG
      Commerzbank to almost triple shareholder payouts after profits soar

      Frankfurt-based lender raises earnings forecast as higher interest rates buoy income

      A Commerzbank branch in Magdeburg, Germany
    • Tuesday, 7 November, 2023
      N26
      N26 to withdraw from Brazil as German fintech ditches overseas ambitions

      Online bank to focus on Europe in effort to reduce losses

      N26 offices
    • Monday, 6 November, 2023
      Tech start-ups
      Lidl owner co-leads $500mn deal to fuel German AI start-up

      Investment in Aleph Alpha involves equity injection, research grants and commitments to joint business development

      Aleph Alpha chief executive Jonas Andrulis
    • Monday, 6 November, 2023
      Greensill Capital
      Greensill misled German regulator on insurance deal, IAG claims

      Defunct lender hid deal to fund its own claims as it sought lower capital requirements, insurer alleges

      Entrance to Greensill Capital UK offices
    • Monday, 30 October, 2023
      Deutsche Bank AG
      Deutsche Bank to axe almost half of Postbank branches

      New retail banking head Claudio de Sanctis pledges to improve digital services after summer of disruption

      People queueing outside a Postbank branch
    • Wednesday, 25 October, 2023
      N26
      German regulator to ease draconian growth cap on bank N26

      BaFin to allow Berlin-based start-up to 60,000 new clients a month, up from 50,000

      The N26 app as seen on a phone
    • Wednesday, 25 October, 2023
      Deutsche Bank AG
      Deutsche Bank pledges to raise investor returns on promising results

      German lender reports better than expected third-quarter figures and highest annual revenue forecast in seven years

      A Deutsche Bank branch in Berlin
    • Thursday, 19 October, 2023
      Mergers & Acquisitions
      I Squared buys red London bus operator Arriva

      Miami-based infrastructure investor plans to invest over €2bn in transport operator with strong UK presence

      A double-decker passenger bus
    • Wednesday, 18 October, 2023
      Adidas AG
      Adidas makes tracks in its post-Kanye recovery

      Sportswear brand raises full-year outlook again after breaking partnership with controversial rapper a year ago

      Adidas shoes on display in a shop
    • Monday, 16 October, 2023
      M.M. Warburg and Company
      Tax probe pushed MM Warburg to worst crisis since Nazi era, banker says

      Co-owner of Hamburg bank on trial in latest case linked to cum-ex scandal

      The entrance to Hamburg-based bank MM Warburg
    • Thursday, 12 October, 2023
      Arriva PLC
      Deutsche Bahn nears sale of red London bus operator Arriva

      International transport group with strong UK presence being pursued by investor I Squared

      London buses
    • Wednesday, 4 October, 2023
      Inside BusinessEuropean companies
      The Yeezy standard for accounting

      The debacle over the abortive tie up between Adidas and Kanye West points to a broader need for disclosure

      A pair of Yeezy trainers
    • Monday, 2 October, 2023
      Financial fraud
      Frankfurt prosecutors charge German citizen with insider trading

      German citizen allegedly received confidential information from Perella Weinberg banker

    • Monday, 25 September, 2023
      ESG investing
      Deutsche Bank’s DWS to pay $25mn to settle SEC probes

      Asset manager’s settlement with US regulator includes historic $19mn penalty over greenwashing allegations

      The DWS logo
    • Monday, 25 September, 2023
      Financial services
      Axel Weber joins advisory board of Raisin as deposits soar to €50bn

      Former UBS chair and Bundesbank president to take on role at German fintech in December

      Axel Weber
    • Monday, 25 September, 2023
      Deutsche Bundesbank
      Bundesbank faces job cuts as consultants plot ‘modernisation’

      Germany’s central bankers up in arms over Boston Consulting Group’s recommended efficiency drive

      The headquarters of the Deutsche Bundesbank in Frankfurt
    • Sunday, 24 September, 2023
      Financial services
      German fintech Solaris struggles to raise funds to execute major contract

      Europe’s largest motorist association ADAC has approached other groups to take over its members’ credit card portfolio

    • Wednesday, 20 September, 2023
      Adidas AG
      Kanye West did not mean antisemitic remarks, Adidas CEO claims

      Bjørn Gulden tells podcast that it was ‘unfortunate’ that scandal over controversial rapper ended brand partnership

      Adidas chief executive Bjørn Gulden
    • Wednesday, 20 September, 2023
      Deutsche Bank AG
      Deutsche Bank struggles with fallout after huge Postbank IT migration

      Regulator makes unprecedented rebuke as many clients locked out of their accounts for weeks

      Customers stand in a queue at a Postbank branch
    • Monday, 18 September, 2023
      European banks
      German banker with links to Scholz charged in €280mn tax fraud

      Co-owner of private bank MM Warburg is on trial for his part in the cum-ex dividend scandal

      Former MM Warburg chair Christian Olearius, centre, arrives at court in Bonn on Monday
    • Wednesday, 13 September, 2023
      Deutsche Bank AG
      Deutsche continued to push risky derivatives years after probe found mis-selling

      Internal investigation from 2019 uncovered rule-breaking and lax controls in sales of complex products to Spanish SMEs

      Montage of Deutsche Bank logo and euro currency symbols
    Previous page You are on page 1 Next page

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