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Deutsche Bank Hikes Chairman Pay Despite Investor Critique

Deutsche Bank AG’s Supervisory Board Chairman Alexander Wynaendts in Frankfurt, on May 28.

Bloomberg Markets 14d ago

Lawmakers pile pressure on Commission over AI envoy appointment

Dozens of European Parliament lawmakers have pressed the European Commission for more details on the appointment of Siemens chair Jim Hagemann Snabe as the Commission’s AI envoy, citing conflict-of-interest concerns. Forty lawmakers, mainly from the Greens, Socialists & Democrats, Renew and The Left, asked for the “mandate, selection and conflict-of-interest assessment” behind the appointment of the chair of Siemens’ supervisory board as the Commission’s...

Politico EU 2d ago

Defying Russia: Poland and Germany plan massive offshore wind farms in the Baltic Sea

Despite hybrid attacks from Russia, Poland is betting on offshore wind power from the Baltic Sea. At a forum in Berlin, one message was clear: the region could become Europe’s next major energy hub. Will Europe seize this opportunity?

Euronews 23h ago

Hugo Boss pops 6% after top shareholder Frasers launches $2 billion takeover offer

Hugo Boss shares popped 6% Thursday after its biggest shareholder, Frasers Group announced a 2-billion-euro takeover offer for the German fashion company. Frasers, which has a 26% stake in Hugo Boss, said late Wednesday it is offering 38 euros per share in cash for the remainder of Hugo Boss shares, marking a total consideration of 1.978 billion euros ($2.28 billion). The offer represents a premium of around 4% to Hugo Boss' Wednesday closing price.

CNBC 3h ago

Push to regulate UK bailiffs too slow, warns supervisory body

A year after government pledge to regulate sector, ECB criticises ‘lack of visible progress’ and ‘no clear plan’The UK government has been accused of dragging its feet over plans for the mandatory regulation of bailiffs amid concerns about harmful practices in an industry that collects more than £1bn a year from indebted Britons. A year on from an announcement by the Ministry of Justice that it would legislate to make independent regulation of bailiffs mandatory, the body that now oversees...

The Guardian Business 3d ago

Push to regulate UK bailiffs too slow, warns supervisory body

A year after government pledge to regulate sector, ECB criticises ‘lack of visible progress’ and ‘no clear plan’The UK government has been accused of dragging its feet over plans for the mandatory regulation of bailiffs amid concerns about harmful practices in an industry that collects more than £1bn a year from indebted Britons. A year on from an announcement by the Ministry of Justice that it would legislate to make independent regulation of bailiffs mandatory, the body that now oversees...

The Guardian World 3d ago

Push to regulate UK bailiffs too slow, warns supervisory body

A year after government pledge to regulate sector, ECB criticises ‘lack of visible progress’ and ‘no clear plan’The UK government has been accused of dragging its feet over plans for the mandatory regulation of bailiffs amid concerns about harmful practices in an industry that collects more than £1bn a year from indebted Britons. A year on from an announcement by the Ministry of Justice that it would legislate to make independent regulation of bailiffs mandatory, the body that now oversees...

The Guardian UK 3d ago