Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › BVK Pension Fund Raided Over US Business, Munich Prosecutors Say
Business & Finance

BVK Pension Fund Raided Over US Business, Munich Prosecutors Say

Bloomberg Markets Thursday 05 November 2026, 13:13 UTC By Karin Matussek 1 min read
Key Points

BVK Pension Fund Raided Over US Business, Munich Prosecutors Say Munich prosecutors raided German pension fund group BVK over its troubled US property investments just two days after the investigators had searched asset manager Deutsche Finance as part of the same probe. The underlying investigation is targeting a former and a current employee of BVK and a member of Deutsche Finance’s management, Munich prosecutors said in an emails statement on Thursday.

BVK Pension Fund Raided Over US Business, Munich Prosecutors Say Munich prosecutors raided German pension fund group BVK over its troubled US property investments just two days after the investigators had searched asset manager Deutsche Finance as part of the same probe. The underlying investigation is targeting a former and a current employee of BVK and a member of Deutsche Finance’s management, Munich prosecutors said in an emails statement on Thursday.
BVK Pension Fund Raided (ORG) US Business (ORG) Munich (LOCATION) German (ORG) BVK (ORG) US (LOCATION) Deutsche Finance (ORG) Deutsche Finance’s (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Milei frena embargos que asfixiaron a pequeñas empresas

Bloomberg Markets 18m ago

What does the raise in interest rates mean?

The BBC's cost of living correspondent Kevin Peachey explains what the change could mean for those saving for a holiday or to buying a house.

BBC Business 28m ago

Australians are yet to see the benefits of AI and datacentres – and US midterms show they could be political kryptonite

Albanese should tread carefully as he struggles to make case for how the new technology will benefit ordinary votersGet our daily political email, free app or daily news podcastWhen will Australia see the benefits of the AI and datacentre boom? So far, all we’ve seen is the possibility of changes to copyright which would hurt Australian creatives, special rules about power and water use, and the threat of mass displacement or replacement of workers, with the trade-off being a mere 10% chance...

The Guardian World 30m ago

What does interest rate rise mean for homeowners and savers?

First rate rise for more than three years leaves millions facing rise in mortgage paymentsBank of England raises interest rates to 4%Business live – latest updatesThe Bank of England has hiked interest rates by 0.25 percentage points, taking the base rate to 4%. It is the first rate rise for more than three years, leaving millions of households facing a sharp rise in mortgage payments.

The Guardian Business 30m ago