Latest Germany News
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Towers Perrin pushes forward in Munich
Financial consultant Towers Perrin has built upon its pension related investment consulting business by forming a new European Investment Consulting Group based in Munich, Germany. Local business practice will be supported by the new centre of investment excellence, and will be lead by Nigel Cresswell, newly appointed principal at Towers Perrin. Cresswell was previously executive ...
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Deutsche Bank facing securities action – EXCLUSIVE
As pressure mounts to patch up the damage caused by the collapse of Lehman Brothers, it has emerged that a securities class action has been brought against European firm Deutsche Bank. Regarding the purchase and sale of residential mortgage backed securities, the case has just begun and is currently pending in New York. Thomas Dubbs, partner at US law firm Labaton Sucharow, has ...
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German institutional market opens up
The German institutional market is opening up to non-German players as investors acknowledge that there is excellent investment expertise outside of Germany, despite the fact that German banks and asset managers have a global reputation, according to Olivier Lebleu, managing director EMEA of MFS Investment Management ...
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Fidelity International Real Estate Business expands into Germany
Fidelity International’s Real Estate Business is planning to expand into the Continental European market with the opening of a dedicated Fidelity Real Estate Business office in Munich. The new office, which is currently going through its regulatory notifications, will provide a strategic base for Fidelity’s director of European Real Estate, Keith Sutton. From here he will ...
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Mercer penetrates German market
IMercer has boosted its presence in the German pensions space with the acquisition of local player Hofer Vorsorge-Management, one of Germany’s leading actuarial and retirement consulting firms. The acquisition, effective from 1 January 2008, has increased Mercer’s German employee base to more than 500 and expanded its reach to five additional offices in Berlin, Karlsruhe, ...
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G-REITs open up German market
The German Real Estate Investment Trust (REIT) is finally on the market, following the German President Horst Kohler’s signing of the G-REIT law at the end of May. The new law – which will apply retrospectively from 1 January 2007 – was ratified by the German parliament in March but was not binding until this final stage of the process was complete. It is expected to ...
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Friends Provident targets Germany
UK life and pensions provider Friends Provident has entered the German market as part of a long-term development of business in continental Europe. Aiming to bring innovation and flexibility to Germany, the company has partnered with distribution and service business, Financial Partners Business (fpb) AG, to launch the Friends Plan range of pensions, which can be used for personal and ...
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Amazon workers strike in Germany
Last week, about 1,000 workers went on strike at the Bad Hersfeld and Leipzig sites of the world's largest Internet mail-order company, Amazon, in Germany. Initiated by the Verdi service industries trade union, it was the first strike to be held since Amazon opened in Germany in 1998. Token strikes had been launched at some of the company's sites last April. Verdi called the strike in ...
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Germany tour to enhance bilateral ties China-EU ties
/enpproperty--> BERLIN -- Chinese Premier Li Keqiang is slated to start an official visit to Germany late Saturday, the last leg of his first overseas trip since taking office in March. Li will meet with German President Joachim Gauck and hold talks with Chancellor Angela Merkel on further cementing China's relationship with Germany and Europe at large. The premier will also deliver a ...
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Chinese premiers visit to enhance partnership German ambassador
Chinese Premier Li Keqiang's upcoming visit to Germany will enhance the strategic partnership between the two countries, German Ambassador to China Michael Schaeffer said.The nature of their strategic partnership extends to all areas, including the economic, political and cultural sectors, Schaeffer said.Political dialogue has been elevated to an unprecedented level through mechanisms like ...
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Full text of Chinese premiers signed article on German newspaper
Chinese Premier Li Keqiang on Thursday published a signed article on German weekly newspaper Die Zeit titled "Open Up New Horizon for China-Germany Relations."The following is the full text of the English translation of the article:I will soon be visiting Germany again to boost China's cooperation with Germany on all fronts. People may want to learn more about the visit, and I ...
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Germany’s search for total football
Tipperary no longer football minnows, cautions Codd It's been a busy time for Tipperary footballer Paddy Codd of late. As well as having to prepare for Sunday's Munster SFC quarter-final clash with Kerry, the full-back has also had to contend with his final exams in the University of ...
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Know What Important Ruling Made This Week Affects German Beer Take The Fark Weird News Quiz
Know what important ruling made this week affects German beer? Take the Fark Weird News Quiz and show your stuff. However, you probably shouldn't drink beer before you take ...
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New horizon for China-Germany ties
Editor's note: Premier Li Keqiang wrote a signed article, titled "Open Up New Horizon for China-Germany Relations", in German-language newspaper Zeit on Thursday. Following is the full text of its English translation. I will soon be visiting Germany again to boost China's cooperation with Germany on all fronts. People may want to learn more about the visit, and I believe ...
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Bayern Munich look to lay Champions League demons to rest - video
Bayern Munich manager Jupp Heynkes says the Champions League final against fellow German side Borussia Dortmund will be an intense match between two teams determined to win European football's greatest prize. The stakes are even higher for Bayern who have lost in two of the last three ...
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Germanys Social Democratic Party turns 150
Germany's Social Democrats are one of the world's oldest democratic parties. In its tumultuous 150-year history, the SPD has been banned, split apart, rebranded and has shown moments of immense ...
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Luka Magnottas Berlin arrest a fluke prompted only by police cadet training report
Berlin police might never have arrested Montreal crime suspect Luka Magnotta but for the fact that their officers were with a group of trainees and "had to give a good example," a new report says.The candid admission from a Berlin police officer is tucked in a special report in Friday's edition of the newspaper La Presse, which sent reporters to revisit the European locations ...
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German Brewers Declare Dont Frack With Our Beer
German brewers are warning officials that the country's highly prized beer industry may be in jeopardy if the practice of fracking becomes ...
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Andy McSmiths Diary The Professor’s backing Bayern Munich to beat Borussia Dortmund
Andy McSmith is a senior reporter at The Independent. He has vast experience in political journalism and has also appeared on documentaries for BBC Radio ...
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Right and left fight for Rome in Italy local elections
Italy's scandal-tainted former premier Silvio Berlusconi and anti-establishment firebrand Beppe Grillo rallied on Friday ahead of local elections this weekend in a key test for the parties behind Prime Minister Enrico Letta's grand coalition government.In Rome, the fiercest battle is between Berlusconi's People of Freedom party and Letta's Democratic Party, competing to lead ...
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Deutsche Post files EU complaint against German email law
has filed a complaint with the European Commission against a German law that will require government agencies and public services to use a rival encrypted email system.A spokesman for the German postal services group said on Friday that a German bill on the use of "De-Mail", offered by Deutsche ...
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Bayern Dortmund Await All-German Wembley Final
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Last hurrah of Jupp Heynckes offers chance for Bayern Munich payback | David Hytner
Jupp Heynckes wonders if he should get more credit after winning the Bundesliga and reaching the Champions League final. Photograph: Gnter ...
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German looks forward to seeing old friend again
/enpproperty--> Premier Li Keqiang will be thrilled if he can renew a friendship with a German whom he lost contact with more than 20 years ago. The German plans to show Li rare photos of the premier's 1990 visit to Europe. Li begins the last leg of his four-country tour on Sunday with a state visit to ...
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Monaco Nieminen in Dusseldorf final
Duesseldorf – Third seed Juan Monaco fought off a late charge from fellow Argentine Guido Pella on Friday at the PowerHorse Open to post a 6-4, 7-6 (10-8) win and set up a final against Jarkko ...
Germany Digest
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Germany has leading role to play in climate change talks
Germany and Mexico co-hosted a global summit on climate change and some significant headway was made, but as the German Environment Minister pointed out, the most important issues remain unresolved. Germany is the regional power in Europe and just as it has played a leading role in dealing with the EU’s financial crisis, it will play a leading role in resolving climate change issues as well.
Environment Minister Norbert Roettgen, commenting on the outcome of the 40-nation summit, told Germany news media that it had been “a contribution to making success possible again”, adding that the importance of the summit’s outcomes were significant because it laid the groundwork or foundation for further agreements on the most important issues. Read more
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